IPBS - 2026 Pricing, Features, Reviews & Alternatives

IPBS was designed to overcome all of the challenges and weaknesses typically found in Financial Services Platforms of the twentieth, and early twenty-first centuries. Things like End of Day Processing and Start of Day Processing mandated a period of time when the system could not be used. IPBS runs 24/7/365.

IPBS offers an integrated platform supporting all aspects of Banking, Investment Management, Trust and Client Accounting, and Mutual Funds Administration. Typically the bank is the hub of a "hub and spoke" operation, with the other functional modules connecting and interfacing with it for most operations.

IPBS offers a full function Know Your Customer (KYC) suite including Anti Money Laundering (AML) which includes FATCA reporting as well as Common Reporting Standard Reporting (CRS).

IPBS/Business manager offers four third party relationship templates for defining and documenting Client Entity Relationships. Individual Person, a Trust Deed, a Corporation, an Intermediary. Supporting documents may be attached to the relationship record. The primary template is oriented to a human person which might be the account holder or someone else.

Relationships are connected to Client Entity Accounts with a relationship role code indicating what the relationship is. Roles are user definable and span the gamut from Beneficial Owner to Trust Accountant.

IPBS Business Manager is a numerically risk-based platform with user defined risk scores contributing to an overall risk score for the relationship, based on the data in the relationship record. The Client Entity Account can then aggregate the risk scores of all of its related parties and come up with an overall score that may be interpreted by the platform as being low, medium or high according to the Compliance Team definitions.

The platform includes a Compliance Issues logging capability where rules are determined to have been breeched ( viz Passport Expired ) (Resident in a Non Compliant Country) (Telephone Country Code is USA). Once an issue is logged the Account Administrator may comment and offer explanation, but ultimately a Compliance Manager level user must sign off on the issue to close it.

Business Manager can interface with an on-site copy of Refinitive World Check or World Compliance watch lists.

As the world moves to digital communication over paper and in-person meetings, IPBS has developed a digital onboarding tool to capture this data directly from the client or prospective client, including document image uploads from any of the modern digital devices. Smart phone, tablet, or desktop computer.