The tool will be available 24/7 across all devices.

UK-based wealth management fintech firm JHC Systems has launched a digital risk analytics tool available through JHC Neon, a move to deliver institutional-calibre services to the private client wealth management space around the world.

Delivered through JHC’s private cloud technology, the tool will be available 24/7 across all devices, the firm has announced. JHC has joined forces with quantitative risk analytics provider, Raise Partner, a firm with a 15-year history working with financial institutions, including pension funds, hedge funds and investment banks in Europe, Asia and Latin America.

Neon provides wealth and investment management professionals with automated portfolio monitoring for instant risk analysis and ongoing suitability checking. The technology, which can operate across different systems, lets wealth managers to scrutinise all holdings and asset classes, in all portfolios across their firm, taking into account factors including mandates, weightings and benchmarks.

“The regulatory spotlight is intensifying and to avoid penalties and reputational damage, wealth managers must have a microscopic view of their portfolios anytime, anywhere. Partnering with Raise means this is exactly what we can deliver. The combination of its quant team, analytic tools and our digital technology means we can quickly implement a scalable and cost-efficient service,” Edward Lopez, chief revenue Officer at JHC, said.