Excel in.
FIX out.

WealthWire is a technology service provider. It is not a bank, custodian, securities firm or licensed portfolio manager. It does not hold client assets, act as a counterparty, exercise investment discretion or execute trades itself.

Your firm remains the regulated entity. Your obligations to your clients, your investment decisions, your best execution responsibilities and your internal controls remain yours.

No electronic order workflow is risk-free. The principal risks include:

• Input errors. Validation can identify structural, mapping and plausibility problems. It cannot know that a perfectly valid order is not what you intended to trade. Users remain responsible for reviewing orders before transmission.
• Instrument coverage. WealthWire currently supports equities and ETFs. Unsupported instruments continue through existing channels.
• Execution risk. WealthWire transmits your instruction. The custodian remains responsible for execution, venue selection and execution quality under your arrangement with that institution.

WealthWire is designed to reduce operational risk, not eliminate responsibility.

Because many of the risks in today's order process come from manual handovers.

Email. An order sent by email has to be read, interpreted and often manually entered into another system. That creates transcription risk. Email can also fail silently: an unread message or missed attachment does not tell you that your order has not entered the bank's trading process. With FIX, the instruction is structured and the bank explicitly acknowledges whether it has been received and accepted.

Telephone. A telephone order depends on two people hearing and interpreting each other correctly, often under time pressure. A FIX order creates a timestamped electronic record of exactly what was transmitted and what the receiving system returned.

Bank portals. Individual portals may work perfectly well. The problem appears when you have several custodians: the same investment decision may need to be entered repeatedly into different interfaces. WealthWire lets the order be entered once, validated once and routed to the appropriate custodian.

No. WealthWire improves the control, consistency and auditability of order transmission. It does not replace your investment compliance, suitability, best execution, portfolio restriction, four-eyes or other internal controls. Those remain with your firm and, where applicable, your existing PMS, compliance systems and procedures.

Keep the systems, relationships and controls you already need. Remove the unnecessary manual work between them.

WealthWire is a browser-based order routing platform for independent asset managers. You upload your orders as a spreadsheet, WealthWire validates them, routes them electronically to your custodian banks over FIX, and returns the executions in a single, structured workflow.

It replaces the usual patchwork (a phone call to one bank, an Excel or PDF by email to another, manual entry into a third bank's portal) with one screen, one format and one audit trail.

WealthWire does not hold assets, take custody, make investment decisions or execute trades itself. Your custodian banks continue to do all of that. WealthWire is the wire between you and them.

FIX stands for Financial Information eXchange. It is the messaging standard used throughout the financial industry to send orders and receive executions electronically. In practical terms, FIX makes order communication:

• Structured. An order consists of defined fields such as instrument, side, quantity, order type and account, rather than free text that someone has to interpret.
• Acknowledged. The receiving bank confirms whether an order has been received and accepted, or rejects it with a reason.
• Two-way. Order status, partial fills, completed fills, cancellations and rejections come back electronically over the same channel.

Most custodian banks already operate FIX infrastructure for institutional clients. For smaller independent asset managers, building and maintaining individual FIX connections has required an IT project and budget that is hard to justify. WealthWire removes that barrier.

At launch, WealthWire supports equities and exchange-traded funds (ETFs) across the major listing venues supported by your custodian. Supported order types include market and limit orders with standard time-in-force instructions. The exact options depend on the capabilities of each custodian's FIX connection.

Bonds, mutual funds and structured products each have different conventions and will be added as they are properly supported rather than assumed to work. Until then, orders for unsupported instruments continue through your existing channels.

You prepare your orders in a spreadsheet and upload the file. Before anything is sent, WealthWire checks:

• File and structure: are all required fields present and correctly formatted?
• Instrument: can the identifier be resolved and is the instrument supported?
• Order integrity: are the side, quantity, order type and other instructions valid?
• Duplicate detection: does the order appear to duplicate one already submitted?

Results are shown against each order. Nothing is sent until you have reviewed the orders and explicitly released them. Valid orders can proceed while problematic lines are corrected.

Once you release a validated batch, WealthWire converts each order into the appropriate FIX message and sends it through the established connection with the relevant custodian. If your upload covers several custodians, each order is routed to the right bank.

Status comes back over FIX: Acknowledged, Working, Partially filled, Filled, Cancelled or Rejected. Rejections include the reason returned by the bank. Executions are recorded with quantity, price and timestamp, and can be downloaded as a structured file for reconciliation or import into your PMS. Every step is timestamped, giving you one audit trail across the order lifecycle.

WealthWire runs in your browser. There is no trading application to install and no infrastructure to operate. Getting connected takes three steps, and we support you through them:

• Custodian authorisation: your custodian enables FIX order flow for your relationship.
• Connection and testing: the FIX session is configured and tested before live trading.
• Go live: upload, validate, send and receive.

Yes. The WealthWire demo lets you experience upload and validation without a live connection to a custodian. The demo does not send orders to a bank and is not a live trading environment.

Today the interface is file-based: spreadsheet uploads in, a structured execution file out that you can import into your PMS. Direct API connectivity and closer PMS integrations are on the roadmap, but integration is not a prerequisite. The file-based workflow works from day one.