The platform simplifies performance reporting and billing for Burkett, boosting operational efficiency
d1g1t has announced that Burkett Asset Management Limited, a Victoria-based firm managing over $300m in institutional and private client assets, has adopted its enterprise wealth management platform.
The platform aims to enhance Burkett's operations and client services.
The platform is designed to streamline the wealth management lifecycle and improve client engagement through a modern client portal and native mobile apps available on iOS and Android.
The platform offers real-time portfolio analysis, powered by an institutional-grade performance and risk analytics engine.
Dan Rosen, CEO and Co-founder of d1g1t, expressed his appreciation for the partnership, stating, “We are honoured that Burkett, a progressive firm serving high-net-worth families, selected the d1g1t platform to digitize their front and back-office operations.”
The integration of the platform enables Burkett to provide a superior client experience with access to enhanced data, analytics, and reporting.
Burkett, which specializes in tax and investment management for business families across Canada, is using four modules of d1g1t's platform to improve both client experience and internal processes:
Performance Reporting: The platform streamlines the generation of client, regulatory, and tax reports, reducing the time needed for report creation and distribution. This allows Burkett's operations team to focus on higher-value tasks.
The reports are designed with a modern aesthetic, aligning with Burkett’s investment philosophy, and enabling clients to monitor their financial goals.
Digital Client Portal and Mobile Apps: Burkett clients can access their portfolios and investments at any time, with the added ability to securely receive client statements and reports.
Portfolio Management: The platform simplifies portfolio construction, rebalancing, and trade execution. It provides access to real-time analytics and bulk trading capabilities, enabling seamless communication of trade orders to brokers and custodians.
Billing: d1g1t's billing module simplifies the calculation of management fees, accommodating complex fee structures.
With its flexible calculation engine, Burkett can generate fees for all clients quickly, improving visibility for cash management by automatically accounting for fees in the portfolio management module.
Kevin Burkett, partner, and portfolio manager at Burkett Asset Management, highlighted the platform's impact: “The d1g1t wealth management platform has solved one of our biggest challenges: delivering on large, complicated mandates from clients while continuing to build trust and grow our business.”
d1g1t provides wealth management technology that assists advisors, multi-family offices, RIAs, and broker-dealers in transitioning to a digital business model, enhancing their operational efficiency and client service capabilities.
