Wealth Tech

Wealth Tech is associated with modern and innovative methods for wealth management. There is not just one method, but rather a set, which can be used depending on the requirement: for example, for assistance systems to relieve the team from important but time-consuming activities.

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Your new team colleagues: bots and automatic tasks

Everyone is talking about Prop Tech solutions. If your partners use modern, innovative solutions in the property management, this is also a great, indirect profit for you. But what about your subject area, wealth management? Wealth tech is associated with modern, innovative methods for wealth management. There is not just one method, but rather a set, which can be used depending on the requirement: for example, for assistance systems to relieve the team from important but time-consuming activities. The centerpiece of the RE-VC is a virtual network, which connects contract-based fund assets, the group or the real estate company in causes and effects. The network is created, maintained and trained by the specialized departments. But it is also used by digital assistance systems, so-called bots, which undertake autonomous tasks for real-time quality checking as well as in controlling and forecasting. All our wealth tech approaches pursue one objective - to give you and your team more time for the really important things - the value creation for your investors. Let yourself introduce the bots - your new team colleagues.

Any questions regarding Wealth Management?

We will gladly advise you free of charge at: +49 (0)30 /340 60 60 60
or send uns your questions by e-mail to: info@irm-network.com

TOP features of our software solution for wealth tech in the real estate industry:

Optimization of the planning and controlling processes

By automation and digitalization using RE-VC, the processes are improved.

Quality improvement of data

This can be achieved by automatic comparisons and/or check routines as well as the DataCenter.

Installation of automatic bots

These are, for example, scheduled jobs with fully automatic control processes or workflows.

Use of automatic tasks

These are mathematical tests. In case of a negative result, the person responsible receives a task by mail.

Management according to the cause-effect principle

These relationships are automatically taken into account in the planning (counterpart: account planning).

FAQ and answers regarding Wealth Tech

FAQ according to keyword in alphabetical order:

Bot: What exactly is a bot?

An Internet bot, also known as a web robot, robot or simply bot, is a software application that runs automated tasks (scripts) over the Internet. Typically, bots perform tasks that are both simple and structurally repetitive, at a much higher rate than would be possible for a human alone.
(Source en.wikipedia.org/wiki/Internet_bot).

For example, the automation of data import with subsequent log shipping or the regular execution of stress tests. Within the stress test, which procedures are to be done is determined by RE-VC in preparation and postprocessing.

Automatic task: And what is the difference from a bot?

In principle, an automatic task is also a bot. In our language, however, this term is used for a specifically formulated, mathematical state, according to which the Value Net is searched at regular intervals. For example:

Searching for all leases, which expire in the next 12 months or have a break option. Then check whether the market rent in the RE-VC is less than the calculated forecast rent. If so, create of a task for the responsible asset manager for contract negotiation.

This task is stored in the RE-VC Task Management for the lease and displayed to the responsible person in the calendar. Upon request, the responsible person will receive an e-mail with the corresponding data.

These types of tasks can also be excellent use for quality assurance, for example after each data import.

Consulting and software solutions for the real estate industry

Are you looking for a 360° software solution in order to manage your real estate portfolio as well as to simulate companies and investments? Contact us!

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