Calculating the financial impact of unified managed accounts on a trust business model

Wealth managers are in pursuit of smarter operations through increased efficiency and redesigned workflow aimed at delivering scale within a trust division and across affiliated wealth business lines. We know that when assessing an integrated technology solution, new terminology and the number of business model variables that are potentially affected during a due diligence review can be overwhelming.

We created this whitepaper to demystify this topic. As you read through, you’ll see we focus on how senior managers can build a well-ordered framework around the evaluation process and the direct financial impact of a unified managed account (UMA) environment on a trust division’s business model. While there are many benefits for a financial institution to move toward a UMA template, it is useful to view the topic of financial impact in isolation as a necessary first step in an evaluation process.