Business Knowledge for IT in Private Wealth Management

Contents Preface Acknowledgements 1 Overview of Private Wealth Management 2 The Clients 3 Business Environment 4 Products and Services in PWM 5 Distribution Channels and Service Delivery 6 Trends in PWM Industry 7 Portfolio Construction 8 Regulatory and Tax Issues 9 Common Systems Used in the PWM Industry 10 IT projects in PWM 11 Common Terminology Used in PWM 12 The Future Conclusion Appendix BibliographyThe fastest growing sector of the financial services industry requires professionals from the fastest growing industry in history There are reports of a shortage of private bankers and wealth managers across the globe and consequently a shortage of business-aligned IT professionals that support the business Private banks and wealth management firms are stocking up on IT staff - and theyre less fussy Business Knowledge for IT in Private Wealth Management is packed with information that will ensure that IT professionals become as knowledgeable about the business of private wealth management as their business counterparts The information contained therein includes overview of private wealth management including discussions of boutique PWMs and family offices; recent trends in the private management industry; portfolio construction; and regulatory and tax issues and the systems used in private wealth management firms and family offices Contributors to this book include Chris Skinner Chairman of The Financial Services Club and Chief Executive of Balatro International Private Banking Systems Odyssey Thomson Pyxis Mobile Taylor Young Investments Oracle Fin Objects Pulse Software and more Business Knowledge for IT in Private Wealth Management is an invaluable handbook for professionals working in private wealth management and crossovers It is targeted at IT professionals such as Project Managers; Application Developers; Development Managers; Test Managers; Business Analysts; Data Analysts; Systems Analysts; Test Analysts; Support Analysts; Database Administrators; and HR staff responsible for IT recruitment This book is concise ensuring that readers dont get distracted by superfluous information 288 pp.…