Scivantage Unveils Expanded Account Aggregation Capabilities at 2009 Financial Planning Association Conference.Financial Guidance Division Partners with ByAllAccounts to Offer Comprehensive Account and Client Data Access to Enhance 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 Process JERSEY CITY, N.J. -- Scivantage, a leading provider of web-based, front- and middle-office technology solutions to 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, today announced that it has partnered with ByAllAccounts, Inc., a technology company that delivers reconciliation-ready data to investment management and advisory firms, to deliver expanded 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. capabilities to its users of Methuselah([R]) and Financial Compass(TM). Financial advisors and wealth managers who utilize either Methuselah, the industry's most comprehensive financial planning solution, or Financial Compass, a goals-based, needs analysis application designed to support the investment sales process A sales process is a systematic approach for performing product or service sales. The reasons for having a sales process include seller and buyer risk management, achieving standardized customer interaction in sales and scalable revenue generation. , will now be able to import detailed client account data, including both managed and held-away assets directly into their financial planning suite. Utilizing a proprietary web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. solution for gathering, normalizing and distributing client account information, data can be seamlessly delivered to either of the solutions to give advisors comprehensive views of a client's entire financial portfolio, with no manual entry. By leveraging ByAllAccounts' Data Connect solution which captures account-level data such as transactions, positions and balances from thousands of online sources, financial advisors can significantly reduce administrative needs, improve overall workflow and build stronger client relationships through more detailed and accurate financial plans. "Scivantage is committed to providing innovative technology solutions that help streamline the workflow of financial advisors," said Michael Forbes Michael Patrick Forbes (b. July 16 1952, Riverhead, New York) is a politician from the state of New York. Forbes graduated from the SUNY Albany. Forbes worked as an assistant for Sen. Al D'Amato and U.S. Rep. Connie Mack. , senior vice president and general manager, Financial Guidance, a division of Scivantage. "By partnering with ByAllAccounts, Scivantage continues to focus on improving advisor productivity, while also providing solutions that enable advisors to cultivate their best and most profitable client relationships." James Carney, 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. and Co-Founder of ByAllAccounts, Inc states: "Scivantage's platform offers both new and leading firms a compelling option to create a distinct competitive advantage. Scivantage through ByAllAccounts, Inc. has just increased the gap further. Business requirements continue to evolve and adapt to meet changing customer demands, the need for more advanced technology and greater emphasis on the client experience has become paramount." The partnership with ByAllAccounts supports Financial Guidance's ongoing efforts to enhance workflow management solutions for our enterprise clients and when coupled with our suite of productivity solutions for linking to CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. and compliance platforms provides significant advantages for those firms using Methuselah and our Enterprise Management Server (EMS) solution. To learn about the expanded account aggregation capabilities offered by Scivantage, stop by Booth #806 at the 2009 Financial Planning Association Annual Conference or visit www.scivantage.com. About Scivantage Leading financial institutions depend on Scivantage for essential front- and middle-office applications that deliver transaction-critical data, automate key business processes and drive operational efficiencies. Scivantage's proven, back-office independent brokerage solutions offer a powerful suite of applications that span the workflow of financial professionals and support the complex investment needs of the retail investor Retail Investor Individual investors who buy and sell securities for their personal account, and not for another company or organization. Notes: Retail investors buy in much smaller quantities than larger institutional investors. . From online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. and event notification Event notification is a term used in conjunction with communications software for linking applications that generate small messages (the "events") to applications that monitor the associated conditions and may take actions triggered by events. management to automated account opening, maintenance and funding, Scivantage enables financial institutions and financial professionals to dramatically reduce operational costs, strengthen customer relationships and improve productivity. Through the Financial Guidance Division, Scivantage offers a full range of planning and wealth management solutions for financial advisors, insurance professionals and centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. planning departments. For more information, please visit www.scivantage.com or contact us at +1.866.724.8268. Enabling Financial Transactions. Automate Connect Transact About ByAllAccounts, Inc. ByAllAccounts has been gathering and delivering professional use, reconciliation-ready data to investment management and advisory firms since 1999. Using innovative technology, we provide unparalleled access to reliable, accurate financial account data from thousands of custodians and enable efficient and timely account reconciliation, performance analysis and consolidated reporting. We help our customers build stronger, more profitable relationships by providing timely, 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. levels of service and better advice based on a more complete understanding of their clients' assets. For more information about ByAllAccounts, Inc. solutions, please call 781.376.0801, email info@byallaccounts.com, or visit www.byallaccounts.com |
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