corfinancial inks partnership with technology consultancy F2 Strategy

Trading finance software

Boston, June 22, 2020 – corfinancial, a leading provider of specialist software and services to the financial services sector, reports that it has hired wealth management consultancy F2 Strategy.


The agreement will further enhance the functionality and market penetration of corfinancial’s wealth management business, BITA Risk.

 

With client AUM in excess of US$200bn, BITA Risk is a leading provider of integrated private client suitability profiling, portfolio and ESG management, risk and monitoring applications in the HNW and UHNW sectors. The software 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.

Based in California, F2 Strategy is a technology consultancy that addresses the widening gap between expectations of affluent clients and their wealth management experience. Staffed by former executives from top-rated wealth firms and family offices, F2 Strategy provides technology roadmaps, innovative digital client interactions and the automation of investment and operational processes. The company was founded by accomplished veteran wealth CTO Doug Fritz.

 

“As strategic advisor to the BITA Risk business, our first objective is to shed light on the potential automation of Regulation 9 compliance – an area where bank trusts have been underserved by technology for decades. BITA Risk brings a way of making the Reg 9 process far more streamlined through a powerful exception management engine,” said Doug Fritz. “Our second objective is to communicate the value of ESG management to wealth management firms that are trying to address client demand in this area and to differentiate.“

 

Daryl Roxburgh, President and Global Head, BITA Risk: “Doug and his team are renowned globally for their expertise in making technology work better for wealth managers and improving the client experience for their investors. Their unique thought leadership and extensive network will be vital to us as BITA Risk continues to make significant inroads within the wealth management arena.”

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 Intelligence-WealthBriefing Four ESG Tech Traps

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:
www.goodacreuk.com

Colwma