Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Adhesion Technologies and RiskMetrics Group Enter Into Wealth Management Partnership to Integrate Financial Data Consolidation With Portfolio Analysis, Optimization and Monitoring.


Business Editors/High Tech Writers

CHARLOTTE, N.C. & NEW YORK--(BUSINESS WIRE)--Sept. 3, 2002

Adhesion adhesion /ad·he·sion/ (ad-he´zhun)
1. the property of remaining in close proximity.

2. the stable joining of parts to one another, which may occur abnormally.

3.
 Technologies, Inc. and RiskMetrics Group announced today that they have entered into an agreement to jointly market a comprehensive wealth management solution.

As part of the agreement, RiskMetrics' WealthBench(TM) portfolio analysis, optimization, multi-goal planning and monitoring solution will be seamlessly integrated with Adhesion's EA2 Financial Consolidation Platform.

"Investors want much more from account aggregation Account aggregation is a method that involves compiling information from different accounts, which may include bank accounts, credit card accounts, investment accounts, and other consumer or business accounts, into a single place.  than a consolidated statement," said Anc Newman, SVP SVP S'il Vous Plaît (French: Please)
SVP Senior Vice President
SVP Schweizerische Volkspartei (Swiss People~s Party)
SVP Society of Vertebrate Paleontology
SVP Social Venture Partners
SVP St Vincent de Paul
 of Business Development at Adhesion. "They want the confidence of personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 advice from financial advisors that both appreciates their full financial situation and is grounded in rigorous analysis. The combination of the industry leading capabilities of Adhesion's EA2 Financial Consolidation Platform and RiskMetrics' WealthBench(TM) institutional-strength analysis and planning tools strongly demonstrates the value of this approach to both financial advisors and their clients."

"Adhesion's EA2 provides wealth management professionals with a holistic picture of a client's net worth, allowing them to deliver truly valuable investment advice. The integration with WealthBench(TM) now gives those professionals access to the powerful analysis and decision support tools they need for key strategic investment decision-making," said Rob Dinning, Business Development Director of RiskMetrics Group.

Through this integrated wealth management solution, financial institutions and their advisors can realize benefits including:

Differentiate wealth management services - with personalized

analysis, using institutional-level methodologies, customized with

the FI's proprietary research.

Strengthen their role as primary advisor to their clients - by

providing valuable advice and reporting that is timely and

actionable Giving sufficient legal grounds for a lawsuit; giving rise to a Cause of Action.

An act, event, or occurrence is said to be actionable when there are legal grounds for basing a lawsuit on it.
, tailored to each client's existing portfolio, specific

risk tolerance Risk Tolerance

The degree of uncertainty that an investor can handle in regards to a negative change in the value of their portfolio.

Notes:
An investor's risk tolerance varies according to age, income requirements, financial goals, etc.
, return objectives, and financial goals.

Increase productivity - by leveraging technology to acquire and

analyze data, in an enterprise or single user environment,

enabling advisors, brokers, and relationship managers to spend

more time with clients.

About Adhesion Technologies

Adhesion is a leading provider of software solutions for financial account consolidation, both for internal accounts and those held away. Adhesion's EA2 Financial Consolidation Platform enables financial institutions and services providers (FSP's) to create value-added and differentiating wealth management services for their customers. Focused exclusively on solutions for FSP's from the outset, and heavily staffed with financial industry veterans, Adhesion delivers a highly functional financial account consolidation platform for banking (private, commercial, retail), broker-dealer, financial advisory and asset management clients providing the ability to deploy EA2 within their facilities and seamlessly integrate it with their existing technology and wealth management applications. Adhesion is headquartered in Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation).
Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States.
 and can be reached at www.adhesiontech.com or sales@adhesiontech.com.

About RiskMetrics Group

RiskMetrics Group empowers institutions and their clients around the world to make better investment decisions. RiskMetrics Group's risk management and wealth management systems, services, and data are used by hundreds of leading financial institutions, multinational corporations

Main article: multinational corporations

  • ABB
  • ABN-Amro
  • Accenture
  • Aditya Birla
  • Affiliated Computer Services Inc
  • Airbus
  • Allianz
  • Altria Group
  • American Express
  • Akzo Nobel
  • Apple Inc.
 and many of the world's central banks This is a list of central banks.

Contents A B C D E F G H I J K L M N O P Q R S T U V W Y Z
. Formerly a division at J.P. Morgan, RiskMetrics Group was spun-off as a separate company in 1998. The company has seven offices around the world, including New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, London, Tokyo, and Singapore.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Sep 3, 2002
Words:495
Previous Article:FORTUNE Ranks America's Richest Forty Under Forty; 2001 List Contains Fewer Tech Moguls and More Celebrities: Six Entertainers and Athletes, Up From...
Next Article:Virtual Silicon Joins Open Core Protocol International Partnership.
Topics:



Related Articles
New Software Takes Planning To the Web.
Open Solutions Inc. Launches OmniView Account Aggregation Services.
Adhesion and ProAct Form Strategic Alliance; Adhesion Technologies' Account Aggregation Solution Extends the Value of ProAct Technologies' Employee...
SunGard Integrates RiskGrades into Wealth Management System; RiskGrades to Provide Analysis for Retail Clients of SunGard's AddVantage.
Adhesion Technologies Announces the Addition of Personal-Vault Technology Into Its EA2 Financial Consolidation Platform.
Adhesion Technologies' EA2 Ranked Number One by Celent Communications for Wealth Management Data Consolidation.
Adhesion Technologies and netDecide Enter Into Wealth Management Partnership to Integrate Financial Data Consolidation With Financial Planning and...
Ejasent ships 'optimizer' for server consolidation.
Cartesis.
Verint and Witness to merge.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles