| NorthStar provides your firm the option of on-demand or on-premise. Both are enterprise-class wealth management solutions. To determine which option is a better fit for your firm, review the benefits each provides. |
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| NorthStar On-Premise Solution Benefits |
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NorthStar On-Demand Solution Benefits |
| Long-term cost savings |
Lower cost of entry |
| Heavy customizations, when you want to gain competitive advantage |
Faster time to value |
| Control and responsiveness |
Few initial users (less than 50) |
| Higher level of data and information security |
Reduced complexity around software upgrades |
| Heavy integrations and single sign-on |
No additional hardware, network or infrastructure investments |
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| In addition, if your firm has limited or fully booked IT resources, the on-demand model may be your firm’s solution. On-demand delivery provides firms of all sizes a low-cost way to obtain the benefits of NorthStar’s commercially licensed software without having to internally operate the software. |
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NorthStar On-Demand Solutions: Standard and Firm-Tailored
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| Unlike other on-demand wealth management software providers, NorthStar can deliver either standard on-demand software or our firm-tailored on-demand solutionTM. With standard on-demand software, NorthStar can deploy an out-of-the-box NorthStar solution, without configuration, in two to four weeks. |
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| NorthStar’s firm-tailored on-demand software can be configured to firm and industry best practices in as little as 12 weeks. As part of this industry-first solution, NorthStar can provide firm-tailored configuration services, including custom risk questionnaires, Investment Policy Statements, workflows, and firm introduction presentation templates. Firm-tailored integration services include integrating NorthStar to market data feeds, trust and portfolio accounting systems, and CRM systems. |
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| Through NorthStar’s advanced on-demand solution, firms are able to obtain best-in-class wealth and asset management software in a fraction of the time and cost it would take to customize horizontal enterprise software or canned on-demand software to fit firm or industry requirements. Advisors benefit as well. Using a tailored and integrated system, they save time and provide more differentiated, personalized service to attract and retain sophisticated clients. The net result is lower operation costs and higher revenues. |
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| How does NorthStar’s on-demand solution work? |
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Software is hosted in a secured, partitioned environment to maximize data security. |
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Software hosting facilities and services are based on infrastructure that features SAS 70 audit-ability and certification, 24 x 7 facilities monitoring, redundant Internet connectivity, real-time network monitoring and management, redundant electricity, environmental controls, advanced security systems, and defensive barriers. |
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Centralized operation and technology management is in place so that you and your staff can remotely access NorthStar any time from anywhere via the Internet. |
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Set-up, installation, configuration, integration and ongoing management are performed by skilled NorthStar staff. |
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| Using NorthStar’s enterprise-class on-demand services can free your IT personnel for more strategic projects, reduce operational costs by leveraging NorthStar facilities and know-how, protect your IT and information assets, and help ensure optimum availability. |
| To find out how NorthStar’s firm-tailored on-demand solution can meet your firm’s needs, call 1-866-916-8524. |
