In 2020, Fathom Wealth Management Advisors (FATHOM WMA), a boutique investment firm regulated by the Cyprus Securities and Exchange Commission, embarked on a collaboration with Systemic to implement an advanced investment management back-office system for advisory investment portfolios. This initiative was crucial in positioning FATHOM WMA as a provider of creative and alternative investment advice to individual and corporate clients.
Several challenges were encountered during the project. Migrating historical data from previous systems was essential to ensure data accuracy and integrity, requiring careful planning and execution. Aligning the software’s functionality with the company’s operational processes and investment strategies demanded a bespoke approach to customization. Additionally, providing continuous support and regular software updates was vital to address any issues promptly and incorporate new features as needed.
The benefits for FATHOM WMA were significant. Customization of reports to meet specific client needs and preferences improved client satisfaction and demonstrated the firm’s commitment to personalized service. The sophisticated back-office system underscored FATHOM WMA’s professionalism and operational excellence, attracting more clients and partners. Robust security features were implemented to protect sensitive client information and firm data from cyber threats, ensuring compliance with regulatory standards and reinforcing client trust. This collaboration has fortified FATHOM WMA’s market position, enabling sustained growth and client retention in the competitive wealth management industry.
Summarizing what FATHOM Wealth Management Advisors has gained:
- Customization of reports to meet specific client needs and preferences, improving client satisfaction.
- A sophisticated back-office system which demonstrates the FATHOM WMA commitment to professionalism and operational excellence, attracting more clients and partners.
- Robust security features to protect sensitive client information and firm data from cyber threats.
