Capita Financial Software has launched an updated version of its Client Care Desktop (CCD) tool to address the developing requirements of financial advisers.
The new features added to Version 4.0.1 will allow advisers to be able to manage SIPPs and multiple wraps through the programme.
Capita says the move reflects increasing demand for this functionality, particularly among high net worth clients.
There is also the facility to track group pension schemes within the client's portfolio on the CCD.
CCD allows advisers to accomplish straight-through processing from the very first point of contact with a client, through the client-care process, administration, compliance and commissions.
The new SIPP feature enables advisers handling these sophisticated products to create a trustee bank account which is then used to manage all funds within the pension.
Funds can be added to the account and then allocated to a wide range of investments, either directly held or within a contract.
It also supports the use of multiple wraps to manage more complex client portfolios.
A Financial Express fund feed has also been added to reduce the time spent updating fund prices.
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