Albridge Unveils Integrated Reporting Platform
Albridge Solutions is adding detailed policy
attributes on a broad range of insurance products to Albridge Wealth
Reporting (AWR), providing investment advisors with a single,
comprehensive relationship report integrating client insurance and
investment product information.
Initially Albridge, based in Lawrenceville, N.J.,
will collect and normalize information from more than 60 insurance
carriers, capturing and reporting on insurance policy attributes
including premiums, party information, benefits, riders and policy
status. This enables AWR to provide investment advisors with a
consolidated view of a client‚s insurance and investment products, and
a more complete picture of their total net worth. The addition of this
detailed policy information also represents an extension of the
Albridge platform that collects, normalizes and consolidates data for a
financial services firm‚s major lines of business.
"The worlds of investment and insurance are
converging," says Jake Rohn, Albridge‚s executive vice president of
corporate development. "Increasingly, investment advisors are assuming
the role of wealth managers and serving a broader range of their
clients‚ financial planning needs. We believe this is one of the first
technology solutions that can help them meet the challenges this
presents by providing a more complete picture of a client‚s total net
worth through an integrated investment and insurance report."
Additional information is available at www.albridge.com.
Raymond James Selects SunGard
Raymond James Financial will make a number of
SunGard solutions available to its more than 4,800 financial advisors,
who serve 1.2 million accounts in 2,200 locations.
Included are SunGard‚s WealthStation, its
Foundation, Planning and Advisor Series modules, its Comprehensive
Planning module and Multi-Issue Reporting and AllocationMaster.
PlanningStation also will integrate with Raymond
James‚ back-office system to help minimize the amount of manual data
entry.
AXA Rosenberg Launches Global Funds
AXA Rosenberg Group LLC, part of AXA Investment
Managers group, has launched the AXA Rosenberg Global Emerging Markets
Equity Strategy and an All Country World Equity Strategy. They are
designed to outperform the Morgan Stanley Capital International
Emerging Markets (MSCI EM) and All Country World (MSCI ACWI) indexes,
investing in emerging markets of Asia Pacific, Eastern Europe, Africa,
the Middle East and Central and South America.
For more information, please visit www.axarosenberg.com.
Allianz Releases Three Indexed Annuities
Allianz Life Insurance Company of North America has
launched three equity-indexed fixed annuities, the InfiniDex suite.
InfiniDex offers growth opportunity by crediting
interest based on changes in an external equity market index selected
by the contract holder. InfiniDex 5 and InfiniDex 10 feature the same
product features, but InfiniDex 5 offers a 5% bonus and InfiniDex 10
offers a 10% on premiums received during the first five contract years.
BNY Securities Forms Technology Unit
BNY Securities Group, a unit of The Bank of New
York, has formed a new Financial Engineering & Advanced Trading
Solutions (FEATS) unit to accelerate development of trading tools and
technology for institutional clients.
FEATS initially will focus on developing program
trading capabilities, analytics and other capabilities to help users of
its electronic trading platform DEx (Direct Execution Services)
meet existing and emerging liquidity challenges.
Wilmington Trust Expands In N.Y.
Wilmington Trust is expanding the management team of its New York City office.
It has hired Murray Stoltz, formerly of Fiduciary
Trust Company International, as senior private client advisor and head
of sales management; James Nesci, of the company‚s Corporate Client
Services office, as chief operating officer; and Lisa Hurwich, formerly
of advertising agency Saatchi & Saatchi, as regional marketing
director.
ADVISOR EMPORIUM
May 1, 2006
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