Miles Software, the Mumbai-based financial services software provider, has released a new version of its wealth management solution MoneyWare WMS, making it platform-ready for Microsoft’s SQL Server 2008 R2.

“Making our application compatible with Microsoft SQL Server 2008 helps us offer our customers compelling benefits, including multifold scalability, improved security and reliability features and faster data processing to meet their real-time online requests,” said Milan Ganatra, chief executive of Miles Software.

MoneyWare WMS aims to offer business services for client, portfolio, transaction and revenue management on a single platform. The solution is said to allow systematic asset allocation, formulation of various fees and charges, risk profiling and financial planning.

The firm believes the system has the capability of automating the entire suite of investments during the lifecycle of wealth creation, growth and management.