Aditya Birla Minacs ties up with NorthStar

BANGALORE, INDIA: Aditya Birla Minacs, a global business solutions company, has partnered with NorthStar Systems International, a provider of wealth management software solutions to provide a first of its kind Total Wealth Management package.

This newly developed solution combines Aditya Birla Minacs’ efficient and integrated back and middle office with Northstar’s fully integrated wealth management platform to create a service offering to seamlessly support wealth front offices in delivering a superior customer experience, said a press release.

The new Total Wealth Management offering from Aditya Birla Minacs and NorthStar is an effective solution to this problem. It is a combination of innovative tools and systems which help wealth managers get out of monitoring operational lapses, thus giving them the freedom to focus on their core function: managing and growing customer relationships.

Blake Willardsen, Aditya Birla Minacs’ global banking and financial services leader, “You can be assured that with Minacs and NorthStar’s many years in the business, our Total Wealth Management solution will benefit clients by running for them a cohesive front-office and efficient middle office, integrated with back office technology and processes.

He added that this would have a This would have a significant impact on key business measures like scalability, customer service and profitability, while being highly sensitive to risk avoidance and management.

Bob Skea, NorthStar’s president, added, “We have not come across any other solution as integrated and comprehensive front to back as Total Wealth Management. While tier one financial institutions may have offshored wealth management by setting up captives, this solution brings third party outsourcing capability to the table for the first time, backed by a full-function technology platform for wealth managers. Competitors are either in the software platform business or a domestic back office solution but not both.”

He added that they are delighted to partner with Aditya Birla Minacs, who are leaders in CRM, back office process outsourcing and IT services, to offer our client base this great value proposition.