About Chelmer
Chelmer is a wealth management software platform from Chelmer that powers specialist software for Asia-Pacific’s financial services industry. It includes features such as Wealth Management, Managed & Discretionary Accounts, Custodial Services, and Retail Broking so financial institutions can effectively manage client portfolios and meet regulatory requirements. Chelmer provides a comprehensive solution that adapts to the evolving needs of financial services, ensuring reliability and performance. The platform is designed to support a range of wealth management strategies, helping firms to serve their clients better. Key capabilities: Wealth Management Managed & Discretionary Accounts Custodial Services Retail Broking Regulatory Compliance Best for: financial institutions that need a reliable solution for wealth management.
Chelmer is a robust, cloud-based wealth technology platform offering a comprehensive, end-to-end solution for financial services firms across Australasia. Its strengths lie in its modular flexibility, extensive functionality covering the entire wealth management lifecycle, and strong industry reputation. While its niche focus limits broader ERP applicability, Chelmer provides an effective and reliable tool for financial institutions seeking to automate operations, enhance customer experience, and ensure compliance.
Pros & Cons
- +Comprehensive CRM features tailored for financial services industry
- +Integration with investment management and stock portfolio management tools
- +Streamlined client communication and relationship tracking
- +Robust reporting and analytics capabilities specific to investment firms
- +Customizable dashboards for tracking and monitoring client accounts and investments
- +Efficient task management and workflow automation for improved productivity
- +Enhanced data security measures to protect sensitive financial information
- +Scalable solution that can grow with the needs of the business.
- −Steep learning curve for new users, requires extensive training
- −Limited customization options for reports and layouts
- −Inconsistent customer support, long response times
- −Can be prone to bugs and glitches, affecting data accuracy
- −High cost for initial setup and ongoing maintenance
- −Limited integration capabilities with other third-party software applications
- −Lack of mobile app support, limiting accessibility for users on the go
- −Limited scalability for growing financial firms with expanding needs
- −Lack of advanced features compared to competitor software solutions
- −Complex setup process, requiring significant IT support and resources
Features
Key features
- Portfolio Management
- Provides real-time decision-making support, rebalancing capabilities, and reporting in a multi-asset, multi-currency environment.
- Customer Management
- Manages client information, onboarding, and ongoing engagement.
- Order Management and Execution
- Manages order creation, aggregation, trade-desk operations, and FIX connectivity.
- Custody, Accounting, and Wrap Services
- Automates custodial and wrap services for institutional and retail business models.
- Compliance
- Ensures compliance with industry regulations and provides a robust audit trail.
- Managed & Discretionary Accounts
- Supports the management of target asset models and personalized client preferences.
Additional features
- Customer Management
- Host customer information, onboard clients, and originate orders.
- Portfolio Management
- Real-time support, rebalancing, and reporting facilities.
- Asset Record Management
- A single source for managing all tradable instruments.
- Cash Management
- Provides customer omnibus account facilities and products in any currency.
- Order Management & Execution
- Order creation, aggregation, routing, and FIX connectivity.
- Custody, Accounting, & Wrap Services
- Automates custodial services and multi-currency settlement.
- Equity & Fixed Interest Market Settlement
- Supports market settlement processes.
- Portfolio, Performance & Tax Reporting
- Generates reports for clients, performance analysis, and tax purposes.
- Asset & Holding Valuation/Analysis
- Valuation and analysis of assets and holdings.
- Registry & Reconciliation
- Manages registry and reconciliation processes.
- Margin & Securitised Lending
- Supports margin and securitised lending functionality.
- Corporate Action (CA) Processing
- Manages corporate action processing.
- Brokerage & Commission Charges
- Manages brokerage and commission charges.
- Compliance
- Ensures adherence to regulatory requirements.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About Chelmer
Chelmer is a wealth management software platform from Chelmer that powers specialist software for Asia-Pacific’s financial services industry. It includes features such as Wealth Management, Managed & Discretionary Accounts, Custodial Services, and Retail Broking so financial institutions can effectively manage client portfolios and meet regulatory requirements. Chelmer provides a comprehensive solution that adapts to the evolving needs of financial services, ensuring reliability and performance. The platform is designed to support a range of wealth management strategies, helping firms to serve their clients better. Key capabilities: Wealth Management Managed & Discretionary Accounts Custodial Services Retail Broking Regulatory Compliance Best for: financial institutions that need a reliable solution for wealth management.
Chelmer Details
Chelmer's In-App Market Place
Does Chelmer have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD ($), CAD ($), JPY (¥), CHF (CHF), NZD ($), SGD ($), HKD ($)
Pros & Cons
- Comprehensive CRM features tailored for financial services industry
- Integration with investment management and stock portfolio management tools
- Streamlined client communication and relationship tracking
- Robust reporting and analytics capabilities specific to investment firms
- Customizable dashboards for tracking and monitoring client accounts and investments
- Efficient task management and workflow automation for improved productivity
- Enhanced data security measures to protect sensitive financial information
- Scalable solution that can grow with the needs of the business.
- Steep learning curve for new users, requires extensive training
- Limited customization options for reports and layouts
- Inconsistent customer support, long response times
- Can be prone to bugs and glitches, affecting data accuracy
- High cost for initial setup and ongoing maintenance
- Limited integration capabilities with other third-party software applications
- Lack of mobile app support, limiting accessibility for users on the go
- Limited scalability for growing financial firms with expanding needs
- Lack of advanced features compared to competitor software solutions
- Complex setup process, requiring significant IT support and resources
Chelmer's Support Options
Chelmer's Alternatives
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