UK-based fintech JHC Systems has launched a Software-as-a-Service (SaaS) solution for wealth managers, appointing Alan Cole as head of cloud and operations to take the helm.
The firm’s SaaS offering will give clients access to “secure wealth management solutions” using cloud technology.
Cole, who has previously held positions at Finastra and Temenos, said: “The industry is waking up to the potential of cloud and it’s essential that we continue to provide our clients with access to cutting edge digital innovation and technology.”
The use of cloud technology should provide faster solutions and access to innovations for wealth managers, according to JHC, which was acquired by fintech FNZ last year.
“It’s all about putting our wealth management solutions at our clients’ fingertips,” Cole said, who has run cloud operations for financial institutions globally across banking, wealth and investment management.
The firm currently has three Platform-as-a-Service offerings available via cloud. This latest product – JHC Figaro – will be accessible to clients as a SaaS by the end of the first quarter this year, followed by the entire product range.
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