Many advisory firms are already invested in and rely on the comprehensive and complex Worldox application for their document management needs. Now another company — Trumpet Inc. — has come out with an add-on program for Worldox that is meant to help simplify the scanning and accuracy of filing documents.
Ameriprise Financial Inc. is calling 10,000 of its financial advisers to its headquarters for technology training on a grand scale.
Version 7.0 of Junxure, the office management and work flow automation software created by and for financial advisers, will be released in the next few weeks, and it is getting some positive early reviews.
As demand for advisers increases, firms need to project recruitment strategies out to 2012, said Rebecca Pomering of Moss Adams.
Skip Schweiss will stay with the legacy Fiserv Investor Support Services business after all.
Technology to help automate and improve the compliance function may not ring a financial adviser's cash register, but it certainly can reduce the time-consuming and potentially costly problems that compliance failures create.
Self-reporting in areas such as the retention of e-mails “is more of an art than a science,” said the CEO of ING.
A majority of the 350 companies initially contacted by the SEC have now received second letters.
InvestmentView, one of the first software tools to use hypothetical comparisons to help advisers recommend mutual funds, is being re-launched today by Thomson Financial.
E*Assist's Compliance Officer Report Card assists compliance officers in tracking the advisers they oversee.
Although not a major overhaul of its product, Version 3.0 of Money Tree Software Ltd.'s Total Planning Suite offers new reporting features and an updated interface that make it an improvement over the previous incarnation.
Knight Capital has bought EdgeTrade, a privately-held agency-only trade execution and algorithmic software company.
Dalbar Inc., a financial services market research firm, has tapped an ex-insurance executive to start a division catering to the needs of compliance departments.
Compliance spending grew an average of 159% from 2002 to 2006, according to a report.
With the purchase, NYSE Euronext hopes to further improve their connectivity, transaction and data-management solutions.
If advisers haven't heard of extensible business reporting language, or XBRL, they soon will.
Online delivery of software tools and data to advisers will be the major focus of 2008 technology innovations, industry experts say.
