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HomeNews and Updates Fully integrated cash solutions now available on Wrap

Fully integrated cash solutions now available on Wrap

15 July 2024

We’re pleased to announce the launch of our fully integrated cash solutions now available on abrdn Wrap.

Clients with an individual or joint Personal Portfolio have access to a wide range of competitive fixed term deposits and notice day accounts that advisers can access directly on the platform.

This development further extends the existing Wrap investment offering, allowing you to manage assets in one place.

Why consider Wrap’s cash solutions for your clients?

Unlike other off platform cash products, our cash solutions are fully integrated with the platform. This means you’ll be able to efficiently manage your clients’ portfolio using the comprehensive functionality available on Wrap. We’ve teamed up with Bondsmith, a leading provider of cash solutions, to offer clients with a Wrap Personal Portfolio the opportunity to take advantage of the latest interest rates on cash deposits.

  • Wide range of cash deposits at competitive rates
    A range of fixed term deposits and notice day accounts to suit a variety of client investment goals.
  • Active cash management made easy
    Get a holistic view of your client’s portfolio and move money quickly and easily between investments and cash deposits, supporting better client outcomes.
  • Everything in one place, powered by Wrap 
    Cash solutions are fully integrated so you can benefit from Wrap’s comprehensive functionality to help service your clients more efficiently.

How it works

It’s easy to access the range of different cash deposit options for your Wrap clients - simply select the desired cash deposit within existing Wrap Personal Portfolio journeys and maintain an overview of the whole process via the platform. Plus, as this solution is fully integrated within Wrap, we’ll manage it all through the usual Wrap processes, so your client doesn't need to send money to set up cash deposits and you manage the end-to-end process.

Holdings in cash solutions will be included in existing platform reporting and valuations and will also be visible through the client portal. They will also be automatically included in back-office valuation reports and shown alongside existing client investments.

You can find out more on our cash solutions webpage - including a full list of FAQs - or speak to your usual abrdn contact for more information.

The value of investments can go down as well as up and may be worth less than originally invested.