Here are the links to today’s top stories:
Orion Launches Compass, a Revolutionary New Resource to Help Firms Scale Compliance Operations from BusinessWire
Conga Acquires Orchestrate from GetConga.com
Disclosure: Bill Winterberg provides consulting services to Orion Advisor Services. Click here to view all conflicts of interest.
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Orion Advisor Services Launches Compass App
Orion Advisor Services is in the news once again, as the company announced the launch of a new compliance application for advisers called Compass. The new app includes an Audit Tool that retrieves portfolio and trading information from Orion and formats it in a way that meets common regulatory requests from auditors during an SEC examination, and also a Verify Tool that facilitates anti-money laundering screening with an integrations with LexisNexis® Risk Solutions. These new compliance apps can help advisers recover days of lost productivity when preparing for a compliance exam, according to the company’s press release.
DataPoints Introduces Investor Profile Assessment Tool
In behavioral finance news, DataPoints recently announced the launch of its behavioral assessment tool called Investor Profile. According to a company press release, the Investor Profile assessment gives advisors a scientific way to assess psychological risk tolerance of investors and use a consistent framework to guide clients towards recognizing and correcting for their unique investing behaviors. The Investor Profile measures five unique characteristics, including confidence in investment decision-making, behavior during times of wild market swings, willingness to try new strategies or take new chances, and more.
Conga Acquires Orchestrate
And in industry acquisition news, Conga, a provider of document automation solutions for Salesforce users, announced it has acquired Orchestrate, a workflow automation provider with a focus on financial professionals that use Salesforce in their business. The acquisition will add Orchestrate’s expertise with RIAs and wealth management firms to Conga’s suite of enterprise-grade Intelligent Document Automation solutions. With more on that, here’s Orchestrate President and Co-CTO, Joshua Van Heukelom.
At Orchestrate, our mission is to enable best-of-breed efficiency for firms that are on the Salesforce platform. So we were born out of an RIA, so we know the language, we know the industry, we know what people need. We’ve been in wealth management for a number of years, and so our tools really help solve problems we know these people have.
To watch my full interview with Orchestrate, head over to fppad.com/flashbriefing to get all the links to today’s top stories.
I’m Bill Winterberg, and those are your fintech headlines for today from FPPad.com. Check back in with me later for more fintech news.
