RIA vendors play a crucial role in delivering meaningful and measurable results for the clients they serve, and Empaxis is uniquely positioned to carry out those objectives.
To succeed in today’s environment , buy-side investment managers need a range of internal and external resources for maximum efficacy.
It’s similar to global trade, where - generally speaking - the more nations engage with other nations, the greater their economic growth and prosperity is over the long term.
But even assuming the best of intentions, protectionism limits growth potential compared to those more open and interconnected.
And the very idea of added trade barriers, as we’ve seen recently, will send global markets into turmoil and trepidation!
At Empaxis, we believe that wealth and asset management firms get the best results by not only focusing on the things they do best in house, but by engaging with outside experts that do what they do best.
When firms keep everything in house, they’re less likely to achieve economies of scale, expending resources in areas that deliver suboptimal results when they could’ve shored up resources in other areas to maximize growth potential.
To that point, one survey found that a majority of advisors saw growth in AUM and lower operating expenses with outsourcing.
And check out a post we did earlier about the 10 things RIAs lose when they don’t outsource, particularly as it relates to their middle- and back-office operations.
So while we make the case for outsourcing, we’ll take it one step further and make the case for Empaxis.
Buy-side investment firms need a vendor that truly understands them and their situation, as well as a partner with consistency and a track record, one they know they can count on.
For those looking at investment operations and related technology, Empaxis makes a unique case on the all these fronts.
.png)
Since Day 1, Empaxis was founded for the sole purpose of middle- and back-office operations. This has been our focus for over two decades.
Portfolio accounting, data management, timely and accurate reconciliation and performance, among other areas of expertise…
With a laser focus in this domain, it means we put all our resources to making ourselves best at our craft.
Other RIA vendors can offer similar solutions, but if those organizations have their attention split across different focuses on industries unrelated to yours, why go with a provider that isn’t all in on what you need?
In line with our exclusive focus means we vet, hire, and/or train talent that is both relevant and specific to our domain of expertise and study, coming from the banking, financial services, and technology space.
Team members are well versed in capital markets and understand the big picture of the investment industry, knowing the role Empaxis plays and how they as Empaxis employees deliver value for our clients.
Having a singular focus like we do, Empaxis always find ways to optimize and scale MBO workflows.
The way we did things before is not the same we do it today, and what we tomorrow will not be the same as today.
Reliable data and technology are at the heart of investment operations, and part of that continuous evolution means leveraging machine learning, advanced automation and seamless integration, and building our proprietary Quality Assurance system, carrying out smarter and efficient workflows.
Organizational stability pays huge dividends both internally and for our clients.
Founder Stephen Van de Wetering and Executive Vice President Doug Moromisato have been with the firm since its inception, also having worked together prior and in investment operations. Our President Samrat Malakar joined shortly after.
This executive leadership trio has set the direction of the firm, providing the needed culture to attract, retain, and empower top talent.
And our senior leadership team has been with Empaxis, ranging anywhere from 5 years to 17 years, and among these leaders are 2 that rejoined Empaxis.
For the rest of our team, they have-longer-than-industry average tenures at Empaxis, adding to the continuity that is one of our greatest intangibles as an organization.
Empaxis does a lot, but it does so much more with its partners.
Our strategic relationships with fintech, investment data and service providers allow us to combine strengths and consolidate points of contact among multiple vendors, making it easy for investment firms to manage and coordinate.
It’s a “whole is greater than the sum of its parts” engagement that turns fragmentation and silo of services into streamlined and simplified support.
From Day 1, we set to provide worldwide servicing across all time zones.
Strategically positioned throughout the US, UK, India, Saudi Arabia, and Hong Kong, Empaxis leverages our global teams and global synergies to deliver support to clients in a follow-the-sun model.
Ultimately, we believe every firm should get the support they need…. when they need it.
RIAs need reliable partners at their sides, especially in the realm of investment operations and technology.
Wealth and asset management firms shouldn’t burden themselves, expecting to do everything in house, especially when they need to keep focus on activities that deliver most value for clients and the business at large.
Plus, there are many qualified and capable RIA vendors to support them across a variety of functions.
And at Empaxis, we make a strong case to be that preferred partner for buy-side investment firms in the middle and back office and technology needs.
Want to learn more? Schedule a complimentary consultation with Empaxis.
Our monthly newsletter features helpful resources, articles, and best practices to implement within technology providers and investment firms
