CashEdge Unveils Advisor View; New Client Permission Application Enhances CashEdge Advisor Suite.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 6, 2003 CashEdge Inc. (www.cashedge.com), a provider of secure Online Money Movement and Advanced 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. platforms, today announced the launch of Advisor View, an account aggregation and permissioning tool for financial advisors and their clients. The application is currently in pilot with advisors at a major U.S. financial institution. A critical enhancement to the CashEdge Advisor Suite, Advisor View enables advisors to securely obtain client permission to access account balances at any or all of their financial institutions. Advisor View allows clients to specify the accounts and the level of detail that may be accessed by their advisor without exposing the advisor or their firms to private account password information. The Advisor View application can be used by financial partners and technology providers to power any wealth management solution by providing a daily feed of normalized "off-book" asset information. This data elevates performance reporting and portfolio accounting systems to the next level "Advisor View was customized to meet the demands of our financial partners and their advisors. With its automated permission process, Advisor View walks even the least tech-savvy client through an electronic authorization, while eliminating any exposure or risk," explained CashEdge CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Sanjeev Dheer. Powered by CashEdge's Advanced Account Aggregation platform, the CashEdge Advisor Suite allows financial advisors to leverage an "advice ready," consolidated repository of clients' held-away and domiciled dom·i·cile n. 1. A residence; a home. 2. One's legal residence. v. dom·i·ciled, dom·i·cil·ing, dom·i·ciles v.tr. 1. portfolio information. This enables advisors to access a comprehensive snapshot of their clients' portfolios, deliver comprehensive financial plans and time-sensitive advice, identify issues and opportunities, and customize immediate solutions. "CashEdge is recognized as the leader in next generation aggregation solutions. Our platform, which offers a superior level of enhanced data, is especially well suited for wealth management solutions," added Dheer. "Our new Advisor View application further expands on the value proposition by empowering advisors to view held-away accounts and potentially increase assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. ," he concluded. About CashEdge CashEdge(R) provides infrastructure that global financial institutions rely on to extend their online channels and enhance customer profitability Customer profitability (CP) is the difference between the revenues earned from and the costs associated with the customer relationship in a specified period. According to Philip Kotler,"a profitable customer is a person,household or a company that overtime,yields a revenue . CashEdge delivers secure Online Money Movement and Advanced Account Aggregation platforms that power specialized retail banking and advisor applications. These proven solutions enable CashEdge's clients to create compelling online offerings that attract customers, generate revenues, and reduce costs. CashEdge serves top-tier financial institutions around the world including Vanguard, RBC RBC red blood cell. RBC or rbc abbr. red blood cell RBC, n See red blood cell count. RBC red blood cells; red blood (cell) count (see blood count). Financial Group, CIBC CIBC Canadian Imperial Bank of Commerce CIBC Centres Interinstitutionnels de Bilan de Compétences CIBC Commonwealth Institute of Biological Control (Trinidad) CIBC Commercial International Brokerage Company , TD Canada Trust CT Financial Services Inc. was a financial services holding company that was founded in London, Ontario and later had its headquarters in Toronto, Ontario and operated in Canada through subsidiaries including Canada Trustco Mortgage Company and The Canada Trust Company , Laurentian Bank, and Yahoo! Finance. CashEdge has offices in 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 and Silicon Valley. |
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