BRITech - Case Study Varianza Inversiones
CASE STUDY | MAY/2020

Varianza

“BRITech proved to exceed our expectations from the very beginning of our engagement with them and it soon became clear that they would be our ideal partners.”

Alberto Spagnolo
CEO

BRITech contributes to improving customers’ digital experience at Varianza

Varianza Gestion is an independent asset management firm headquartered in Madrid, Spain. It offers advisory services and portfolio management to HNWI* clients with the aim to achieve solid and stable growth.

In order to support geographical expansion and business growth plans as well as improve the communication channel for their clients, Varianza decided to change their technology platform, requiring operational efficiency, cost reduction, client service excellence and regulatory compliance. The use of various software tools to complement the main platform required extensive manual intervention, created bottle necks and increased the number of errors eroding and diverting time spent by the operations team without providing any additional value to clients.

Varianza opted for BRITech solution as it is a fully SaaS solution and contains a comprehensive set of functionalities that fully support business operations such as:

  • customizable reporting per individual client
  • portfolio rebalancing, order execution
  • customer relationship management which includes submission of investment allocation proposals
  • local and off-shore asset handling capabilities
  • compliance with regulatory bodies

The solution provides high level of front-to-back automation particularly around portfolio management and reporting as well as enhanced customers’ digital experience. It also offers operational scalability and economy of scale supporting Varianza ambitious business growth plan.

As a result of the successful implementation and the solution provided, Varianza experienced a reduction of operational cost through the integration of various departments across the firm: administration, back-office, sales, trading desk, risk/compliance, analysis & research. BRITech has also provided integration with other platforms, such as Bloomberg, as well as local and global Custodians which increased productivity and efficiency in other areas too. In addition, external financial advisors benefited from increased productivity through functionalities offered by the solution such as: full visibility into client/prospect status and one-click reporting.

“We have been scouring the investment management software market for a solution that would meet our operational requirements and from a vendor that would provide knowledgeable personnel as well as fast delivery and support turnaround. BRITech proved to exceed our expectations from the very beginning of our engagement with them and it soon became clear that they would be our ideal partners.” highlights Alberto Spagnolo, Varianza CEO.

With an innovative and complete portfolio of products and services for the investment management market, BRITech serves segments such as wealth management, family offices, assets and fund managers, brokers and advisors. In addition, it has been internationally recognized as being among the top ten providers of investment management solutions in United Kingdom. It has global operations with offices in main countries of Latin America, North America and Europe.

*HNWI (High Net Worth Individuals)