Portfolio administration provider Praemium has changed its portfolio administration platform, V-Wrap, to make it easier for financial advisers to handle simple and complex investments through a single business process.
The revamp coincides with the re-branding of Praemium's p-Desktop, which will also carry the V-Wrap brand.
The changes include additional features to administer international investments at portfolio level.
"Our findings recognised that advisers do have clients with simpler investment needs, who don't necessarily warrant the use of such aspects as V-Wrap's full capital gains tax (CGT) and corporate action functionality," Praemium group chief executive Arthur Naoumidis said.
"With this in mind, we are now rolling out our latest development to encourage advisers to start utilising V-Wrap across the whole of their business, even for those with clients who may only have a small number of securities and don't necessarily need automated corporate actions processing or CGT calculations and reporting."
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