The wealth management group aimed to provide most valuable advisory services to its clients needed to develop a solution that captures all aspects of a customer's wealth - investment holdings, liquidity needs and future goals based on life stages and events.

Solution
Wipro undertook the development, maintenance and enhancement of the five tools (client asset projection system, executive stock option model, implementer- portfolio rebalancing tool, knowledge base and fixed income attribution (FIPA) system) providing the following core features

	Advice -- helps clients formulate and follow short- and long-term wealth management strategies. Includes access to proprietary models, expert systems, and educational content.
	Portfolio -- gives clients a clear and complete picture of all of their assets including those held with other providers. Clients have the option of consolidated or account specific "views" and a detailed holdings report that enables them to track each security in their portfolio.
	Brokerage -- provides full-service brokerage capabilities, as well as access to the best of client's products, including IPOs and a wide array of third party products. For the clients' convenience, all brokerage transactions are tracked and reflected throughout the site.
	Research -- direct access to client's renowned global economic, sector and security global research. In addition, clients can get information directly relevant to their goals and portfolio via email alerts and other online notices. Research and information "views" can also be customized online based on the individual client's needs
	Community -- offers access to client's national network of tax, estate and insurance specialists.

The overriding objective of the client to empower its customers to make an informed decision was met through the solution. The following tools below delivered the following benefits:

Asset Projection System is an analytical tool that predicts the client's net asset worth for the next 30 years and also indicates the probability of achieving his goals.

Executive stock option model is designed to help executives, advisors, and trust administrators make informed options decisions on whether to hold or exercise the options.

Implementer portfolio re-balancing tool provides for managing the portfolio of holdings based on predefined asset mix and distribution of current and targeted portfolio mix. Also provides various ways of viewing the distribution of asset by sector, core or satellite products to ensure consistent delivery of quality advice.

Knowledge Base consists of decision-making trees. These trees consist of a series of questions, which leads to recommendation(s) based on the answers to the questions. The objective is to develop a tool to manage the Knowledge Base. The Knowledge Base designer will use this tool.

Fixed Income Performance Attribution (FIPA) provides the returns of a given portfolio relative to its benchmark to the key risk factors in fixed income