Refinitiv launches Refinitiv Digital Investor reiterating commitment to Wealth Management industry

Maria Nikolova

The solution empowers firms with faster time to market for digital properties.

Provider of financial markets data and infrastructure Refinitiv has underlined its commitment to the Wealth Management industry via the launch of Refinitiv Digital Investor.

The solution empowers firms with faster time to market for digital properties, while providing their investors with a seamless digital experience including account information, workflow tools, analytics, news, and insights related to their holdings. The solution enables Wealth Managers to deliver the unified digital experience that their clients are looking for, engage investors through a more personalized service, whilst also lowering the total cost of ownership.

Wealth Management firms are entering a new phase of digital transformation. Fintechs are bringing new capabilities and approaches, and non-traditional tech competitors have established a higher bar for client expectations. As a result, financial services firms are re-evaluating their digital offerings.

Refinitiv continues to address evolving industry needs for flexibility in how its digital solutions are delivered. Digital Investor delivers a sophisticated client experience throughout the relationship lifecycle with a flexible framework that consists of a set of front-end development tools, widgets and integrated APIs that enable firms to build or enhance their digital wealth management experiences with advanced capabilities and Refinitiv content.

Joe Mrak, Global Head of Wealth Management at Refinitiv, said: “Digital Investor follows the completion of our acquisition of Scivantage in February 2020 and represents a key step in the integration of our digital product suite. By bringing together the powerful client engagement platform of Scivantage with Refinitiv’s market data, news and other content in context with client account data, we are allowing our clients to deliver a personalized and relevant investor experience.”

Refinitiv has a strong record of servicing the Wealth Management industry from front to back office. Over the last year, the firm has invested heavily in the business. The ongoing transformation includes building out the firm’s solutions through strategic acquisitions (Scivantage) and partnerships, such as those with SigFig and MarketPsych.

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