OPAL’s core mission is to help people with investment decisions. Especially under recent uncertain market conditions and volatility, this has been more relevant than before. OPAL Planning and OPAL for Salesforce support this mission by providing realistic projections of how an individual client’s investment portfolio will grow over time and translating client goals into a personal and actionable plan based on a holistic overview of a client’s financial situation. This enables clients or their advisors to make timely course corrections in case their long-term goals are off-track due to changes in their financial situation or the performance of their portfolios. OPAL Planning and OPAL for Salesforce support clients and advisors to manage their long-term goals efficiently, while simultaneously increasing their probability of success.
Unique analysis based on economic scenarios
The Goal-Based Planning solution is unique in the market as it uses realistic portfolio projections of institutional quality based on monthly updated economic scenarios for more than 700 asset classes. Rather than using a standard Monte Carlo model, our projections are based on historical performance. It also takes complex patterns into account, such as asset classes and economic indicators, current market conditions and other market information like the recent pandemic, Climate Change and central bank monetary policy. Realistic, high-quality, and forward-looking projections are essential to give relevant insights to clients and to make timely course corrections to their plans if necessary. These scenarios are tested and proven in the institutional market.
Scalable solutions for all advice channels
The OPAL platform is available through APIs as well as a plug-and-play user interface for advisers or PMs. Our high-speed REST API enables organisations to implement the capabilities directly into existing platforms or client-facing web applications, e.g. to support Robo-advice client journeys, hybrid adviser experience or other technology platforms such as CRM, Portfolio Management or Financial Planning software. The user interface can be linked to external data sources, supports single sign-on and the look and feel can be adjusted to provide a seamless experience for the user.
Institutional-grade economic scenarios
Scenario analysis helps the client decide if the risks taken are acceptable and enables the adviser to manage the client’s expectations accurately. High-quality scenarios lead to improved insight and subsequently to better investment decisions. The OPAL platform is founded on proven asset and liability management techniques from the world of institutional investments and gives access to the Economic Scenario Generator of Ortec Finance. This powerful stochastic projection engine generates real-world economic scenarios that reflect plausible future developments. These scenarios are built on sophisticated analysis of historical behaviour, honed by over 40 years of serving the world’s leading institutional markets.
APIs for calculation and optimisation
OPAL capabilities support global digital trends by offering access to a high-speed calculation engine, through multiple API modules, hosted in a private cloud (SaaS) or on-premise. Our APIs are flexible and easily integrated into existing architecture, guaranteeing real-time web service and fast performance. It also supports hybrid solutions and delivers an optimal base structure for omni-channel strategies.
24/7 monitoring, alerts and calls for action
One of the unique features of the OPAL platform is the ability to provide continuous monitoring of client goals. As a client's financial situation, or if market conditions change, the feasibility of all the client's goals is automatically updated and supported by off-track signalling - with calls for action if needed. Continuous monitoring of the risks, return and financial goals of individual clients for the entire client base allows for proactive and more efficient client management. Permanent monitoring simultaneously increases trust and satisfaction of the client and, as a consequence, positively impacts business retention.
Global solution, local implementation
The OPAL platform is implemented in numerous countries. Our tooling offers multiple language packages and country-specific asset classes, default portfolio settings and products. Our coverage extends to more than 700 global asset classes, including exotic categories such as hedge funds, private equity and debt. Additionally, we enable a multi-currency approach, supporting multi-country organisations and advisers with insights across risks and opportunities of cross-border accounts.
Integrated cash flow and wealth planning
The OPAL Planning module contains a cash flow planning tool that is localised for pensions, products and taxes in multiple jurisdictions. Validated by external experts, it enables integrated cash flow planning to easily identify possible budget shortfalls or surpluses, which supports efficient decision-making. The combined approach creates a clear picture of a client’s personal financial situation development and can be used to answer multiple client questions. OPAL differentiates itself from all other financial planning tools by integrating the effect of investment risks on the realisation of expenditure goals.
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