Last Wednesday, March 27th, FA Solutions held an afternoon seminar at Hotel Bristol in Oslo and demonstrated our future-proof Portfolio Management tool to a full auditorium.
We were happy to see so many local financial industry professionals coming to watch a demo of our solution. At the event, guests got to experience the smooth and automated onboarding process of a new client in FA Platform. We showed just how easy you can rebalance a portfolio in FA and how clients can monitor their transactions and portfolio performance using FA Client Front.
We started the demo by registering as a new client in FA Client Front. To complete the process, we successfully signed the agreement with BankID. AML and KYC questions were answered as part of the onboarding, and all client information was saved automatically in the client’s Contact section in FA Back. The KYC and AML questions led to an Investment Proposal that was sent to the client directly in FA Client Front. Then, our demo client signed in with BankID again and accepted the Investment Proposal by signing electronically.
To make investing possible, an FA client needs to deposit cash to their portfolio. So, in the demo we showed how a client can easily connect his bank account through Nets so that money is automatically debited from the client’s bank account and credited to his portfolio in FA.[
The investment plan is set up on the client’s portfolio and trade orders are created in FA Back according to the Investment Proposal. They are then automatically sent to a platform or market for execution. FA Platform can be integrated with different platforms such as Bloomberg, Infront, MFEX, Euroclear, as well as different banks and custodians.
When the orders are executed and confirmations have been received, trade orders are automatically updated to transactions in FA Back. As part of the demo, we showed how the different trade order status can be seen by the client in FA Client Front and by the Back Office in FA Back.
We ended the demo by logging in as a client in FA Client Front once again to view all information regarding holdings, transactions, performance, investment plan and client agreement. As was shown to the audience, what clients can see and administrate in FA Client Front is easily configurable in FA Back.
This sums up the presentation we prepared for the guests at our afternoon seminar held on March 27th in Oslo. The event was concluded by some drinks and snacks as well as plenty of networking. We would like to thank everyone who joined us – you made the night so lively and full of interesting discussions!
In addition to this successful seminar, we also had the honor of attending Fondsdagen – a major Nordic event in the Fund Management industry organized every year by Verdipapirfondenes forening (VFF) in Norway. As one of the event sponsors, FA Solutions had a stand at this event where we met a lot of potential customers. We are very grateful to the organizers for their hard work and we will be coming to Oslo again soon for follow-ups – stay tuned!
P.S. If you have missed this event, don’t worry – we will soon be hosting two more seminars where we will be demonstrating automated trade order management in the FA Platform.
