Unqork eBooks

Solution Brief: Wealth Management Account Opening

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WEALTH MANAGEMENT - ACCOUNT OPENING About Unqork Unqork is the industry pioneer no-code enterprise application platform that helps large companies build, deploy, and manage complex applications without writing a single line of code. Companies like Liberty Mutual, Goldman Sachs, and John Hancock are using Unqork's drag-and-drop interface to build enterprise applications faster, with higher quality, and lower costs than conventional approaches. Contact Us 114 5th Avenue New York, NY 10011 (844) 486-7675 www.unqork.com info@unqork.com © 2020 Unqork. All Rights Reserved Key Capabilities A global wealth manager was facing revenue slowdown due to low advisor productivity and prolonged time to onboard and service clients. The firm's margins were under pressure due to high operational cost and risk driven from manual processes and controls. Using Unqork, the firm developed an end-to-end digital solution fully automating client/advisor data capture, KYC, suitability, product recommendation & selection, and account opening. The solution is fully integrated with record-keeping systems, as well as third-party services such as SFDC, Docusign, and PLAID. • Speed-to-market in 12 weeks from ideation to production with only 6 resources • Reduced operational risk with automated controls • Accelerated client onboarding times by 60% Integrate with third-party services such as Plaid, Salesforce, and DocuSign and internal systems including account master and pricing engine. Digitize product recommendation based on risk profile & portfolio risk attributes; Customize experience based on triggers such as sales channel, region, client preferences, products and regulations. Create a seamless workflow across all areas of your organization for specialized assessments, diligence, and approvals. Support seamless KYC, regulatory assessments, and other due diligence. Streamline data collection and application process in a fully digital, self-service environment, digitize data collection rather than paper forms and faxes. Incorporate bespoke business logic to avoid offline spreadsheets and manual analysis; streamline the application process with reflexive questions. Integrations Personalization Workflow Services Digitized Processes Calculations & Logic S UCCES S STORY A large wealth manager used Unqork to automate and optimize manual onboarding processes.

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