Collins Stewart
Case Study
Bringing stockbroking services online
The offshore stockbroking and investment management
arm of Collins Stewart wanted to build a secure, private website to improve its
service offering to intermediaries and private clients. It chose iMeta with its
strong track record in the financial sector to deliver it.
Collins Stewart Tullet is a FTSE 250 global financial services group. Its stockbroking
and investment management business operates under the Collins Stewart brand. The
company has grown rapidly, partly through acquisition, and in 1996 it bought the
Channel Islands business from fellow stockbrokers Greig Middleton.
Since then, Collins Stewart (CI) Limited has become the largest offshore stockbroker
with offices in Guernsey, Jersey and the Isle of Man. The business specialises in
providing sophisticated stockbroking and investment management services to institutions,
intermediaries such as trust companies and wealthy private clients.
Immediate access
Until now intermediaries received a printed status report for their
clients' portfolios on a quarterly basis. Between these times, if they wanted, a
valuation on behalf of a client, they would call or fax our client liaison department
who would then handle their questions.
As personal on-line banking has become generally accepted practice, the intermediaries
and their private clients were asking for the same kind of immediate access to information
about their investment portfolios
The answer was to create a secure, private website that would enable intermediaries
and private clients to view, print and download:
- The value and make-up of current and month-end portfolios
- Cash and Stock movements for any period
- Purchases and sales
- Cash transfer instructions