Boston manages more investment assets per square foot than anywhere outside Manhattan. Build WealthTech platforms that meet the standards of the asset managers protecting generations of American savings.
The Boston WealthTech Challenge
Boston's asset management community includes some of the world's most demanding technology buyers — Fidelity's internal technology sets the bar for investment platform performance, State Street's investment operations technology requirements reflect institutional-scale complexity, and the city's RIA community has been early adopters of technology that improves client experience and advisor efficiency. Building WealthTech for Boston means competing with in-house platforms built by teams with billion-dollar technology budgets, or serving the RIA market with tools that are sophisticated enough to win comparisons with those institutions.
WealthTech Platform Solutions
Portfolio Management
Manage assets with precision:
- Portfolio accounting: Multi-currency, multi-asset portfolio accounting with corporate action processing
- Performance analytics: Time-weighted and money-weighted return calculation with benchmark attribution
- Risk analytics: VaR, tracking error, and factor exposure analytics for equity and fixed income portfolios
- Tax management: Tax lot accounting, capital gain/loss tracking, and tax-loss harvesting optimization
Client Reporting
Demonstrate value with data:
- Performance reports: Customizable quarterly and annual performance statements with benchmark comparison
- Client portal: White-label investor portal with real-time holdings, performance, and document access
- Alternative investment reports: Private equity and hedge fund position reports with IRR and TVPI
- Advisor presentation: Board presentation-quality visual reporting for institutional and family office clients
Compliance and Operations
Maintain regulatory standing:
- SEC compliance monitoring: Annual ADV review, personal trading surveillance, and marketing review workflow
- GIPS composites: Composite construction, return verification, and GIPS-compliant presentation management
- Trading compliance: Pre-trade and post-trade compliance checking against client investment policy statements
- Books and records: SEC-required record retention with audit trail for examination response
Alternative Investments
Serve sophisticated Boston investors:
- Private equity administration: Fund administration with waterfall calculation and capital account statements
- Hedge fund tools: Allocation management, redemption processing, and monthly NAV calculation support
- Real assets: Real estate and infrastructure investment tracking with cash flow and valuation management
- Family office tools: Multi-entity family balance sheet with consolidated reporting across asset classes
Boston's Financial Technology Future
The convergence of Boston's traditional asset management excellence and its growing technology innovation sector — MIT's financial engineering programs, Fidelity's internal technology development, and a venture ecosystem backing fintech startups — creates conditions for continued WealthTech innovation. Build platforms that leverage Boston's unique combination of investment sophistication and technology talent.
Ready to build your WealthTech platform? Contact ZIRA Software to discuss your wealth management technology needs.