The four ESG tech traps

ESG - Investing Traps

Daryl Roxburgh, President and Global Head of BITA Risk, outlines the four main ESG-related technology challenges facing the unwary wealth manager.

BITA Risk wins Best Compliance Solution at Family Wealth Report Awards in New York

Best Compliance Solution - Award Winner 2020
FamilyWealthReport - Best Compliance Solution Award - Winner 2020

BITA Risk, part of corfinancial (a leading provider of specialist software and services to the financial services sector), announces today that it has triumphed at the Seventh Annual Family Wealth Report Awards, winning the prestigious Best Compliance Solution Award.

Showcasing best-of-breed providers in the global private banking, wealth management and trusted advisor communities, the awards were designed to recognize companies, teams and individuals which the prestigious panel of judges deemed to have demonstrated innovation and excellence during 2019.

The judging panel commented: ‘Built to help educate the client on risk, the winner elevates risk management to a science.’

Commenting on the firm’s triumph, Daryl Roxburgh, President and Global Head: BITA Risk said: “In these difficult and complicated times, it is great to have our passion for doing things right in client risk profiling, suitability and on-going risk management recognized and to have won against major players in the US market. Our belief that the client and advisor must share a common understanding of risk is key to the success over the last 17 years of our risk profiling and suitability compliance solutions. This is known by our clients and now recognized by the FWR judges – well done team BITA!”

ClearView Financial Media’s CEO and Publisher of WealthBriefing, Stephen Harris, was first to extend his congratulations to all the winners. He said: “The firms who triumphed in these awards are all worthy winners, and I would like to extend my heartiest congratulations. These awards were judged solely on the basis of entrants submissions and their response to a number of specific questions, which had to be answered focusing on the client experience, not quantitative performance metrics. That is a unique, and I believe, compelling feature. These awards recognize the very best operators in the private client industry, with independence, integrity and genuine insight the watchwords of the judging process – such that the awards truly reflect excellence in wealth management.”

Daryl Roxburgh on ESG panel at Fintech Summit

BITA Risk event

Daryl Roxburgh, President and Global Head: BITA Risk, will be taking part in a panel session on the topic of ESG at the 5th Annual Family Office Fintech Summit in New York City.

This event will take place at The Convene Center, 101 Park Ave, on Tuesday 17 March 2020.

The panel session, which commences at 10:55, is entitled: ‘ESG and Impact – can tech help tell fact from fiction’.

BITA Risk’s award-winning wealth management software has specific capability for ESG Management.

BITA Risk logo

BITA Risk at Wealth Report Awards, New York City

Best Compliance Solution - Award Winner 2020

Daryl Roxburgh, President and Global Head: BITA Risk, will be attending the Seventh Annual Family Wealth Report Awards.

BITA Risk is shortlisted in the Compliance category.

The event will be held on Wednesday 18th March 2020 at the Mandarin Oriental, 80 Columbus Circle at 60th Street, New York, New York 10023, USA.

Daryl Roxburgh

Daryl Roxburgh at City of London Wealth Management Awards on 4 March 2020

Colwma Event

Global Head of BITA Risk, Daryl Roxburgh, will be presenting the award for Best Wealth Management Firm at this year’s City of London Wealth Management Awards, organised by Goodacre. BITA Risk is a sponsor of the awards.

COLWMA recognises the high levels of service and quality present in the UK’s Wealth Management sector. These Awards are highly valued and unique as it is the investors themselves who vote to determine the winners in each category.

The event will be held at the Guildhall, Gresham Street in London at 6.30pm. For further information please visit:


Archer ecosystem adds BITA Risk platform from corfinancial

London's Canary Wharf financial district

Corfinancial, a leading provider of specialist software and services to the financial services sector, has been chosen by technology and services innovator Archer to provide Archer’s investment management clients with advanced portfolio and model construction through the integration of corfinancial’s BITA Risk suite of products.

In recent months, Archer has integrated the BITA Wealth solution in the services offered to new and existing Archer clients, seamlessly weaving Model Overlay Management, Portfolio Risk, Style and Factor Analysis together with its existing middle office technology solution. The BITA Risk suite adds the functionality wealth managers require to assess investors’ attitudes and needs related to risk, match that to the firm’s investment offerings, model the proposed portfolio, issue the proposal, and monitor against that proposal.

“Broadening the suite of capabilities available to investment manufacturers through our integrated platform has been an important strategic initiative for us,” said Bryan Dori, Archer CEO. “The BITA integration is one of the ways we’re helping our clients add significant value in their relationships with investors.”

Daryl Roxburgh, Global Head of BITA Risk, said: “Archer is a key player in the US investment management services industry, with a robust suite of services efficiently executed via its premier cloud-based platform. BITA Wealth compliments Archer’s capabilities and adds a significant set of functions for the CIO, Advisor and Compliance and Governance teams within an organisation.”

corfinancial secures awards double with BITA Risk system


corfinancial, a leading Boston provider of specialist software and services to the financial services sector, announces today that it has won two categories at the WealthBriefing European Awards 2019 with its BITA Risk private client solutions.

The BITA Risk team secured the honors for ˜Best risk profiling solution (for the fifth year in a row). The shortlist for this years risk profiling award was fiercely contested – BITA Wealth Profiler ultimately triumphed with its ability to make the client mandate a living document rather than a static filed paper, embedding it within the daily management of the client portfolio.

BITA Wealth Monitor was also awarded the ˜Best implementation of a technology solution trophy for its successful deployment of BITA Wealth Monitor for Quilter Cheviot. Daryl Roxburgh, Global Head, BITA Risk said: BITA Wealth Monitor provides investment managers with an extensive overview of their portfolios and helps in addressing any issues easily and efficiently, within an automated process.

My team has moved from a labor-intensive monthly monitoring cycle to getting the information they and our investment managers need to see every day, said Nick Herbert, Head of Investment Risk at Quilter Cheviot.

About BITA Risk

With client AUM in excess of $212bn, BITA Risk is the leading provider of integrated Private Client suitability profiling, portfolio management, risk and monitoring applications in the HNW and UHNW sectors. It gives managers freedom within a framework to construct and manage portfolios in the context of risk, policy and mandate, so they achieve suitability whilst delivering control and transparency to management.

Through partners in the BITA eco-system, our clients can access market leading GIPS compliant performance and attribution, Financial Planning tools and Business Process Outsourcing in the USA and UK.

BITA Risk Fintech Software