Many of the strengths of this new product arise because it is built around a single core database that supports front and back office operations, providing pivotal Investment Administration Software. rhymeSIGHT provides world class functional modules that all access this powerful single data source.
3i Infotech has recently launched a Self-Invested Personal Pensions (SIPPs) module, rhymeSIGHT SIPPs, giving all the advantages of advanced Investment Administration Software.
rhymeSIGHT SIPPs provides the platform to define and maintain the investment portfolio of a customer’s SIPP.
rhymeSIGHT SIPPs is an Investment Management Platform that delivers all of the settlement and administration activities required to manage the customers SIPP.
It incorporates trade entry, decision support, settlement, cash management and double-entry book keeping functionality. rhymeSIGHT SIPPs provides a single database, which centralizes investment data and enables rapid and accurate decision making for the client, intermediary and fund provider. The Investment Administration Sofware enables firms to provide an integrated investment platform which links funds supermarkets, stockbrokers and pension administration platforms.
rhymeSIGHT offers investment administration expertise as an addition to the provider’s pensions systems. Historically their pension systems have not needed to exploit this level of fund information.
The SIPPs module will also allow pension providers to meet the new SIPPs regulation which came into effect in April 2007, requiring firms to demonstrate effective and transparent management of data and decision making processes.
rhymeSIGHT SIPPs is delivered within the supporting framework of the core rhymeSIGHT platform. This provides a reliable and stable Investment Administration Software system that is already in use as a business critical system in over 15 renowned investment management firms in the UK.
The provider’s emerging needs for investment administration are easily covered by the extensive functionality that has been established in rhymeSIGHT for many years. rhymeSIGHT SIPPs has already been selected by one of the UK’s largest pensions providers.
To deliver a competitive SIPPs offering providers must provide excellent customer service. In the SIPPs world, the quality of customer service is directly related to the quality of data and the Investment Administration Software that provides it. rhymeSIGHT SIPPs single-source database and user friendly query tools deliver this quality of service.
rhymeSIGHT is used by Coutts, Barclays, HSBC, Friends Provident, HBOS, M&G, Rathbones, Jupiter and Generali amongst others.
rhymeSIGHT is underpinned by a new generation of integration platform enabling rapid and cost-effective connectivity to existing systems, such as pensions administration platforms, as well as external bodies, including funds supermarkets, stockbrokers and market data providers.