Concord’s Dashboard is an exception-based reporting tool which affords numerous benefits:
- Compliance with fiduciary responsibilities and requirements are made easier
- Wealth management professionals are able to spend less time monitoring portfolios and more time building relationships and prospecting for new clients
- Cross-selling opportunities are created by mining the client's data and analyzing their needs on a holistic basis, thus knocking down the silos that are so prevalent in the banking enviornment
- The quality of client service provided is greatly enhanced by providing insightful ideas and portfolio strategies on a timely and regular basis
- Clients can be grouped or segmented to identify marketing opportunities or trends.
Dashboard allows institutions to implement sophisticated policy or rules based logic to monitor for specific “events” warranting attention or action. These events can range from the trivial – reporting large deposits and withdrawals – to the complex – monitoring the divergences of all of a portfolio’s stated financial objectives.
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Concord’s highly customizable Dashboard technology provides alerts including:
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Aggregate Contribution Alerts
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Aggregate Distribution Alerts
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Asset Class Concentration Alert
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Benchmark Comparison Alert
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Client Anniversaries
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Client Birthdays
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Commission Information
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Customer Age Attainment Alert
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Group Performance Alert
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Household Alerts
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Concentration
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Optimization
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Rebalancing
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Under Performance
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Decrease
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Increase
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Informational Reports
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Large Deposits/Withdrawals
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Lifestyle Related Alerts
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Mutual Fund Under Performance Alert
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Net Worth Alerts
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Decrease
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Increase
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Portfolio Alerts
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Optimization
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Allocation
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Concentration
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Rebalance Alert
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Risk Tolerance
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Under Performance
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Value Increase
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Value Decrease
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Yield
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Position Alerts
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Value Decrease
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Value Increase
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Profile Related Alerts
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Security Under Performance Alert
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Top 10 Clients
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Unreconciled Accounts
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