Enabling an Open Product Architecture Platform Market Offering

Customer demands for objective, comprehensive advice, and best-in-class investment solutions are driving the need to provide an ‘Open Product Architecture’ platform. To achieve this vision, wealth management firms are entering into strategic partnerships and alliances with third party solution providers.

Paragon’s Open Product Architecture helps wealth management firms integrate third party services providers capabilities and define a pragmatic transition strategy for achieving seamless service delivery.

• Third party services provider integration – including separately managed accounts, hedge and mutual funds, alternative investments
• Enhancements to existing client statement and portal capabilities to deliver integrated client reporting
• Back-office integration / reconciliation
• Extended enterprise IT architecture blueprint design and construction