8 Investment Management Solutions Your Business Should Consider


When you think of investment management software, your mind might go straight to accounting. But it’s all much more diverse. For example, what if I told you that these tools can also support communication? Or handle the unique needs of alternative assets? Let's find out what services are available in this field and how they can benefit your business.

8 Useful investment management solutions

Client lifecycle management

Think about a tool that's essentially a diary and guide for every client you have. From the moment someone shows interest in your services, this system starts tracking. It’s like a personal assistant for each client. It notes down every interaction, preference, and even helps you stay on top of regulatory compliance. 

8 Useful investment management solutions

Financial advisors and wealth managers love it because it frees up their time from admin to focus on what they do best: managing investments. However, remember, it's brilliant for relationships, but you'll still need other tools for management as such.

Alternative investment management

Managing assets like real estate or hedge funds? Standard tools won't cut it. These assets are a different beast. They require nuanced handling, especially when it comes to valuation and tracking performance. 

What you actually need in this situation is alternative investment management software, equipped to deal with the peculiarities of these assets. Such software is a must-have for firms that venture beyond stocks and bonds into more exotic territories. Just keep in mind that while it’s perfect for managing these unique assets, it’s not (usually) designed for the day-to-day of traditional investment portfolios.

CRM systems

CRM systems are the heartbeat of client management. They do more than log calls and emails. They create a 360-degree view of your client. They capture every preference, interaction, and even the subtlest hints of their needs.

What does this give you? Well, you can tailor your advice and service. That’s a lot, isn’t it? Any business that values its clients (which should be every business) will find a CRM system invaluable. Just remember, its focus is on nurturing relationships, not direct management.

Investment accounting systems

Here's where the rubber meets the road in tracking investment transactions, performance, and ensuring everything's compliant. Think of it as the meticulous accountant who never sleeps, constantly updating NAVs, and preparing financial statements. Needless to say, funds and family offices find these systems indispensable for investment accounting.

Brokerage solutions

For buying and selling investments, brokerage solutions come packed with analysis tools to inform investment decisions. Broker-dealers and independent brokers rely on them for the bread and butter of their trading activities. However, these solutions are laser-focused on the transactional and analytical side of things. They leave aspects like client lifecycle management to other tools.


Robo-advisors use algorithms based on clients' risk profiles and goals and offer a hands-off approach to portfolio management. This is especially appealing for investors who seek a set-it-and-forget-it solution as well as firms that want to scale their services. But, while they excel at automated management, they lack the personal touch and nuanced understanding that human advisors bring.

Portfolio management software

This software is where performance tracking meets asset allocation and report generation. Portfolio managers and financial advisors find it invaluable for overseeing their clients' portfolios. However, it's tailored for portfolio oversight, not for tasks like direct client communication or detailed accounting work.

Trading platforms

Last but not least, active traders need real-time data. Trading platforms deliver this alongside powerful analysis and swift trade execution capabilities. They're the trader's best friend.

Features your investment management software may need

When planning the development of investment management software, it’s best to be aware of the useful features available in this regard. Here's a quick review of some of those.

Features Your Investment Management Software May Need

Investment performance

Understanding how investments perform is useful, isn’t it? This feature does just that. It tracks and analyzes the success of different assets over time. Why does this matter? It helps you make informed decisions on where to invest next. Plus, showing solid performance data boosts client trust. While it shows where you've succeeded, it won't predict the future.

Asset management

Asset management is all about keeping your investments in check. It’s like a librarian of your assets who catalogs what you have and where it is. This feature shines for firms with diverse portfolios.

Trade order management

This is particularly useful for buying and selling. It queues up orders, tracks them, and executes trades. For firms actively trading, it's a lifeline that ensures they’re moving at market speed. It simplifies a complex process but remember, making smart trade decisions still relies on your strategy.

Client onboarding

First impressions count. Client onboarding makes joining your service smooth. It gathers client info, sets up accounts, and gets them started. For any service-focused business, it's super helpful. It turns a cumbersome process into a welcome mat. However, it's just the start. Keeping clients happy requires ongoing effort.

Document management

Drowning in paperwork? Document management sorts, stores, and secures important files digitally. It's a must-have for regulatory compliance and quick access to vital info. Ideal for businesses dealing with loads of paperwork, it cuts down on clutter but doesn't replace the need for thorough record-keeping practices.

Document management

Payment integrations

Payments made easy. This feature lets your software handle transactions, from client fees to investment purchases. It streamlines finances and makes sure money moves correctly and efficiently. Especially useful for firms managing subscriptions or regular transactions. But, it's a tool, not a financial advisor — you'll still need to manage the strategy behind those payments.

Investment research

Stay ahead with up-to-date market insights. Investment research tools aggregate data, trends, and forecasts. Perfect for firms that rely on cutting-edge market data. And yes, it's about information — interpreting it wisely is up to you.

Reporting and analytics

Data is power. It may sound obvious but you know it’s true. Track everything from client satisfaction to financial performance. It's critical for reviewing past actions and planning future moves. Every data-driven business will benefit. Just remember, the insights are as good as the data entered, so you’ll need to keep it clean and comprehensive.

Risk management

Every investment carries risk. This feature helps you spot potential issues before they become problems. It assesses risk levels, suggests mitigation strategies, and monitors for changes. It's essential for any firm looking to safeguard assets. Just keep in mind that it's about managing risk, not eliminating it entirely.

Due diligence

Due diligence vets investments, partners, and opportunities to ensure you know exactly what you're getting into. It's your detective who uncovers all risks and rewards for you. Critical for firms aiming to make smart, safe investments. It’s best to combine it with solid research and risk management.

10 Questions to ask before ordering custom investment management software

investment management software

Planning to order custom software development? That’s smart. Use the questions below to summarize your needs and requirements.

  1. What Specific Problems Are We Trying to Solve? — Identify the gaps or inefficiencies in your current system. Is it client onboarding, portfolio management, or something else? You need a concise summary that will guide the customization process.
  2. Who Will Be Using the Software? — Understand the users inside out (from financial advisors to back-office staff). Their input is invaluable. After all, they're the ones who'll interact with the software daily.
  3. How Does This Software Integrate with Our Existing Tools? — Your new software should play nicely with the systems you already have. Ask the developers about compatibility to avoid costly overhauls or data silos.
  4. What’s Our Budget? — Be clear on what you can spend. And this is not just about the initial setup but also about maintenance and updates. Hidden costs can be a huge frustration if you haven’t expected them.
  5. How Will the Software Grow with Our Business? — Consider your long-term goals. You want scalable software. That is, it must be able to adapt as your business grows.
  6. What Security Measures Are Included? — We don’t need to tell you about the role of security In the finance world. Probe into how the software protects data and complies with regulations like GDPR or CCPA.
  7. What’s the Learning Curve? — Find out how user-friendly the software is. The last thing you want is a powerful tool that's too complex to be fully used.
  8. How Is Data Backed Up and Recovered? — Accidents happen. But you can, at least, ensure that there’s a robust system for data backup and recovery.
  9. What Kind of Support and Training Are Offered? — Determine the level of support provided. Can you expect ongoing training, updates, and a help desk? The quality of after-sale service can make a huge difference.
  10. Can We See a Demo or Case Study? — Ideally, you should see similar software in action. Request demos or case studies to understand how it’s solved problems for businesses like yours.


Investment management solutions are, in fact, as varied as the businesses that use them. Depending on what your needs are, there's, most likely, a tool designed to meet those needs. Now that you know the specific benefits and limitations of each solution, it will be hopefully easier for you to choose the right combination. Remember, the right tools not only simplify management but can also unlock new growth paths.

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