Faced with the challenge of managing multiple custodian bank systems, Consilior AG, a leading Swiss asset management firm, adopted Infront Assetmax in 2018, consolidating their operations onto a single platform. Niklaus Arnosti, the firm's COO and one of its five partners, oversees the daily use of Assetmax. Mr Arnosti uses the platform regularly for data processing and reconciliation, and in his role as relationship manager, monitoring and managing client portfolios.

"Our clients who work with several banks greatly appreciate the fact that, thanks to Assetmax from Infront, we can provide them with consolidated asset overviews including non-bankable assets." Niklaus Arnosti, COO at Consilior

Why Assetmax?

Results: Increased Efficiency and Customer Satisfaction

The implementation of Assetmax enabled Consilior AG to speed up workflows considerably, eliminating the need to log in to each custodian bank individually. The platform provides a comprehensive overview of all securities and cash holdings, including non-bankable assets, simplifying client portfolio management. “Without the use of Assetmax, our central portfolio management would have had to cope with significantly higher costs."

In addition to Assetmax, Consilior opted for the Infront Data API, integrated directly into the PMS on a flat-rate basis, and an additional market data terminal. This delivered significant cost savings: 6% annually in the initial phase and up to a quarter of the monthly costs in the second implementation phase.

Streamlined FINMA Licensing and Audits

The impact of Assetmax extends beyond daily operations to regulatory compliance. Mr. Arnosti emphasises, "Our FINMA licensing and our audits since 2019 have been made much easier thanks to Assetmax's analysis capabilities. “

Enhanced Customer Service and Support

Assetmax enables Consilior AG to provide consolidated asset overviews, significantly boosting customer satisfaction. The streamlined daily workflows allow for quicker responses to customer enquiries.

Benchmarking and Performance Comparison

To ensure competitive performance, Consilior AG utilises the publicly accessible ARC Private Client Indices from Suggestus as benchmarks. These figures are loaded into Assetmax monthly, allowing the company to assess its own performance against industry standards.
 

This functionality enables Consilior AG to present portfolio performance transparently and comprehensibly, creating clear added value for clients. It's a unique additional service that sets Consilior apart in client offerings.

Conclusion

The adoption of Assetmax has transformed Consilior AG's workflows, leading to efficiency gains and cost savings. The comprehensive functionality and reliable support of Infront Assetmax empower Consilior AG to provide excellent service to its clients while positioning the company for future growth and innovation.