Aite Group Names SunGard's WealthStation as Best-in-Class High-Net-Worth Advisor Platform.SALT LAKE CITY -- SunGard (http://www.sungard.com) announced today that research firm Aite Group has named SunGard's WealthStation wealth management technology solution (http://www.sungard.com/wealthstation) as the Best-in-Class Complete Advisor Platform for the high-net-worth and ultra-high net-worth segments in Aite Group's latest report, "Evaluating Wealth Management Advisor Platforms: Integrating the Front Office." The report analyzes the requirements in the wealth management front office, defines the wealth management platform concept, and differentiates requirements and implementation strategies by platform type and wealth management client segment. In the report, Aite Group cited that SunGard's integration of PlanningStation and AllocationMaster, two best-of-breed solutions in their respective disciplines, were instrumental components in SunGard's ability to build a top-of-the line wealth management platform. SunGard's Common Services Architecture (CSA (1) (Canadian Standards Association, Toronto, Ontario, www.csa.ca) A standards-defining organization founded in 1919. It is involved in many industries, including electronics, communications and information technology. ) facilitates a tight integration of these applications, not only on the user-interface level, but also on the data level. The financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against modules within WealthStation offer advisors the flexibility to choose amongst several levels of complexity. In the area of investment planning, the recently released SunGard WealthStation 2.0 provides advanced functionality for unified managed accounts. Alois Pirker, senior analyst at Aite Group and author of the report, said, "SunGard's WealthStation is particularly strong in risk analytics capabilities and support for investment product selection, while financial planning and investment planning remain the platform's core strengths. WealthStation provides support for several levels of planning, helping make WealthStation advantageous for both the mass-affluent and the high-net-worth client segments. WealthStation also provides tight, out-of-the-box integration with SunGard's own back-office systems, including AddVantage, Global Plus, Charlotte and Phase3, while its integration with the newly acquired Automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. Financial Systems solution will provide advanced trading tools and real-time, back-office interfaces." "WealthStation continues to make significant progress in helping advisors to succeed in serving clients over the long term, by offering a complete set of capabilities designed to support their clients' financial needs," said Blaine Maxfield, president of SunGard's WealthStation business. "Our goal is to consistently anticipate and exceed the needs of retail brokerage, bank, trust, insurance and independent firms as they strive to be best in class." SunGard provides an integrated suite of services to help advisors meet the needs of their clients, grow assets and capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. expanding opportunities in wealth management. SunGard helps organizations deliver on the promise of a more holistic Holistic A practice of medicine that focuses on the whole patient, and addresses the social, emotional, and spiritual needs of a patient as well as their physical treatment. Mentioned in: Aromatherapy, Stress Reduction, Traditional Chinese Medicine and consultative client experience by providing an array of capabilities for client profiling and financial planning, asset allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. and portfolio management, securities processing and asset accounting, and consolidated client reporting and performance measurement. About Aite Group, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control Aite Group is a leading independent research and advisory firm focused on business, technology and regulatory issues and their impact on the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry. It was founded by leading industry experts in Banking and Securities & Investments. Aite Group brings together a team of business strategy, technology and regulatory experts to deliver comprehensive, 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. advice to financial institutions and technology vendors. It seeks to become a true partner, advisor, and catalyst by exchanging ideas and challenging basic assumptions to ensure that our clients always stay one step ahead of the competition. Visit Aite Group at www.aitegroup.com. About WealthStation A workstation for financial advisors serving high-net worth individuals, WealthStation provides a single solution for viewing and managing investors' diverse assets. Wealth management professionals use WealthStation to aggregate, allocate To reserve a resource such as memory or disk. See memory allocation. , optimize optimize - optimisation and monitor client portfolios. They rely on its collaboration, workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. and report generation tools to help them improve their client service and strengthen their client relationships. About SunGard With annual revenue exceeding $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 50 largest financial services companies. Visit SunGard at www.sungard.com. Trademark Information: SunGard, the SunGard logo and WealthStation, PlanningStation, AllocationMaster, AddVantage, Global Plus, Charlotte and Phase3 are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders. |
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