Integrated platform for rep-as-portfolio manager and hybrid investment program offerings helps firms modernize and grow their wealth management business
NEW YORK, NY – January 10, 2012 – FolioDynamix, a leading provider of web-based technology, content and services for managing the full investment and wealth advisory lifecycle, today announced the release of Version 6.1 of its FDx SingleSightSM wealth management software platform. The new release features enhanced business process management workflows, wealth monitoring and management dashboards, and complete integration to the FDx Connect model exchange hub for seamless access to research and third-party money managers.
This product launch represents a continuation of the innovation that has enabled FolioDynamix to emerge as a leader in wealth management technology, providing wealth management firms with a modern, web-based platform that uniquely supports an array of program offerings and account types – separately managed accounts (SMA), unified managed accounts (UMA), unified managed household (UMH), mutual fund wrap (MFW), rep-directed, discretionary and non-discretionary – on a single, enterprise platform. FolioDynamix allows firms to choose the capabilities they need most and frees them from the constraints of legacy, siloed technology and manual processes. FolioDynamix gives wealth management firms the modern platform they need to be more efficient, compliant and agile in the increasingly competitive wealth management industry.
Highlights of the FDx SingleSight Version 6.1 release include:
- Enhanced dashboards and business process management (BPM) workflows for increased visibility and active management of multiple account types. Advisors and rep-as-portfolio managers gain “single click” productivity to take action on a group of accounts. The seamless, extensive nature of the FolioDynamix platform allows for automated monitoring and alerts, allowing advisors and traders to focus on high-value client service and business growth activities.
- Full integration to FDx Connect, the FolioDynamix model exchange hub for rapid deployment of new investment strategies, automated population and updating of investment models, access to third-party money managers, and centralized visibility and control across account offerings.
- Enhanced modeling and account program functionality that creates a highly configurable sponsor investment program set, allowing for flexible multi-program management in a single, enterprise-wide platform.
FolioDynamix helps wealth management firms achieve lower costs, increased productivity, and better visibility and control over business operations. In addition, firms gain the ability to support open architecture programs in harmony with proprietary offerings and improved agility and competitiveness for business growth.
“This latest release of the FolioDynamix wealth management software platform reflects our ongoing commitment to innovation,” said Joseph Mrak, president and CEO of FolioDynamix. “By providing wealth services providers, broker dealers, large RIAs, custodians, and banks with modern technology for the programs and areas of the wealth management lifecycle that are most critical to them, FolioDynamix is delivering a unique value proposition that can help firms position themselves as leaders in the wealth management industry. It’s a new year and wealth management firms are looking for new ways to differentiate, transform and grow – FolioDynamix should be a key component of that growth strategy.”
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FolioDynamix Continues Innovation in Wealth Management Technology with FDx SingleSight 6.1 (pdf) 105.69 kB