Skip to content

Dual access

Both the asset manager and the client can make adjustments to the file. With every change made by a client, notifications are sent to the advisor and the changes are saved as a new version. So you can always gain insight into the situation from the past. This ensures user-friendliness, but also compliance with certain points of the GDPR. 

The asset manager and the client

The SCOPE KYC Cloud Portal assumes two types of users: clients and asset managers. 

Both users can access the stored data, although the portal looks different for the types of users.

The client can only access his/her own data. The asset manager can access data of all his clients. 

By giving the client access to his / her own data and giving the opportunity to adjust things himself, at least two core rules of the GDPR are met.

Everything is shared

Since both the asset manager's employees and the client look at the same data, there is no room for misunderstanding. Any change, made by anyone, is reported to the person who has not changed the information. When logging in, double authentication is also requested via SMS to keep the data exchange extra secure.

Which data is stored?

  • Personal situation

    First the personal situation of a client is documented. In addition to name and address details, the family situation is also requested, as this can also affect the development of the assets.

  • Knowledge and experience

    They also ask for knowledge and experience. In this step, education is recorded, as well as knowledge and experience with financial products such as bonds and shares.

  • Financial situation

    The financial situation is of course important for choosing a good investment strategy. Assets, debts, income and expenses are recorded.

  • Goals

    Objectives are also set as part of the financial situation. For example: how much return of investment does the client want in twenty years. It is calculated whether these objectives are feasible and in which investment profile investments must be made.

  • Risk tolerance

    Based on the financial situation and the investment objective (s), the EPI-Engine performs Monte Carlos simulations to provide insight into what can happen to the assets in different stock market climates. In addition, the SCOPE KYC Cloud Portal contains a psychometric risk tolerance test to estimate which risk the client considers acceptable.

  • Documenting

    The final step is to choose a risk profile and an appropriate investment strategy. Then all steps are converted to a PDF, which can be signed by both parties.