Fiserv (FISV) has upgraded its asset-management system, making improvements to its trading capabilities, user interface and model-data reporting.

The new features on the Unified Wealth Platform are intended to benefit advisors and operations professionals, the Wisconsin-based financial technology company said Wednesday. They include expanded trading and modeling capabilities for advisors with discretion over customer accounts, a toolbar that provides a unified view of frequently used functions and a feature to help manage model portfolios.

"The significant user interface improvements we have made to our Unified Wealth Platform reflect the next generation vision of managed accounts developed for and with our clients," Cheryl Nash, Fiserv's president of investment services, said in the news release. "This is a fresh look for Fiserv, and clients who are adopting the new features of our platform are benefiting from its innovative design, consolidated views across accounts and, above all, the unparalleled integration of the front, middle and back office, as well as the resulting benefits for investors, their advisors and firms."

The Unified Wealth management program is intended to consolidate front-, middle- and back-office functions on one system, combining financial-advice management, trading and reporting functions.