Rathbone Brothers Plc has earned an enviable reputation as one of the largest independent investment and wealth management service providers in the UK. It is also one of the oldest, founded in 1742. For the past 20 years of its impressive history, Rathbones has relied on rhymeSIGHT Back Office and Front Office as the backbone of its steady growth. One of the key advantages of the rhymeSIGHT system is its single database, which means data is available in real time to Rathbones investment operations. The single source database has also eliminated data synchronisation issues and enabled Rathbones to achieve straight-through processing. The result has been a dramatic increase in efficiency and reduction of errors.
London-based Jupiter Asset Management Limited, a subsidiary of Jupiter International Group PLC (itself a subsidiary of Commerzbank, one of Germany’s leading banks) has built its business with the help of rhymeSIGHT. The fund specialist chose rhymeSIGHT because it was a perfect fit for Jupiter’s private client and investment trust needs and blends well with its pool structure. With rhymeSIGHT, Jupiter efficiently manages different product types-from investment trusts and hedge funds to unit trusts, offshore SICAVs, and institutional pension funds. rhymeSIGHT’s wealth of information and functionality has enabled Jupiter to increase its overall workflow efficiency and further burnish its reputation for long-term investment performance and customer service.
Friends Provident Life & Pensions Limited is a leading UK life and pensions provider with more than 2.5 million customers. Friends Provident selected rhymeSIGHT for its SIPP business because the platform was the most comprehensive SIPP investment administration system available in the market. rhymeSIGHT Back Office includes Dealing & Settlement functions, a single environment and a suite of functionality that supports an extensive range of investment instruments as well as offshore and onshore tax and reporting/regulatory regimes. Due to the richness and breadth of rhymeSIGHT, most of the business functionality requirements were already met by the system with little need for functional development.