Tag Archives: Open Access

[VIDEO] TD Ameritrade Institutional’s Veo® Open Access to enhance trading, fee billing, and client on-boarding processes

Posted on June 19, 2012 by in Practice Management, Video Spotlight

Veo® Open Access, the award-winning integration platform initiative launched by TD Ameritrade Institutional last year, is getting additional upgrades this summer to further simplify advisers’ processes.

Several weeks ago, I met with Chris Valleley, director of the new Technology Solutions group for TD Ameritrade Institutional, and asked him about what’s in store for advisers currently using Veo®, the custodian’s account management and trading platform (see TD Ameritrade Institutional’s Jon Patullo discusses electronic signature and future enhancements of Veo® Open Access). The number of supporting integrations with Veo® Open Access Architecture continues to grow, now surpassing 60 vendors in all.

“Throughout the summer, we’re really focusing on those features where the vendor can push data back to Veo, [such as] things like trading and allocations,” Valleley said. (see Orion CEO discusses Veo® integration at the TD Ameritrade Institutional 2012 National Conference)

He discussed three key workflow enhancements planned for the near future: trading and rebalancing, management fees, and client on-boarding and electronic signature.

For example, Valleley highlighted how updates to Veo can streamline the quarterly process of submitting management fee invoices for accounts held at TD Ameritrade Institutional.

“Instead of creating [an intermediate] file and all the manual work that goes along with that, the [integrated portfolio management] vendor can then push the invoice directly to Veo,” he said.

Watch the full interview to get all the information on the progress TD Ameritrade Institutional is making with its integration platform.

[VIDEO] How financial advisers can compare technology integrations

Posted on June 5, 2012 by in Practice Management, Video Spotlight

Financial advisers can quickly assess technology integrations with TD Ameritrade Institutional’s analysis tool

How well does one CRM integrate with financial planning software? What about integrations between portfolio management software and rebalancing software?

To answer those questions, TD Ameritrade Institutional created the Integration Analyzer. Available to all of its affiliated advisers, Integration Analyzer quickly displays how well one software program integrates with another, and with Veo® Open Access.

For insight as to how Integration Analyzer works, I met with Chris Valleley, Director of Technology Solutions for TD Ameritrade Institutional at the custodian’s offices in Fort Worth, Texas. View the video below for the demo.

(click to view on YouTube)

TD Ameritrade Institutional enchances Veo® Mobile with trading and real-time client account access

Posted on April 4, 2012 by in Practice Management, Technology

Advisers using the Veo®  Mobile app can trade and view client account information in real time

In a press release today, TD Ameritrade Institutional announced several enhancements to mobile apps it provides for the Veo® advisor platform.

Click here to read the press release (at Marketwatch.com)

If you recall my interview with Chris Valleley, Senior Manager of Technology Product Management, he mentioned that the trading interface would be opened up to partners through Veo® Open Access, including the company’s own iRebal rebalancing software provider. Now that same trading capability has been expanded to include mobile apps available to advisers who custody assets with TD Ameritrade Institutional.

In today’s release, Jon Patullo, Managing Director of Technology Product Management commented, “In today’s volatile economic environment, advisors need to be able to stay connected while on the go and have the ability to monitor markets and manage their business anytime, anywhere.”

However, not all advisors are on board with trading via mobile devices as noted in this recent RIABiz article, Why RIAs are shunning mobile apps and why Black Diamond, Orion, Fidelity and others are still placing their chips on an iPad future.

In some circumstances, advisers may find the trading functions too limited to submit bulk trades across all client accounts or to perform sophisticated rebalancing. On the other hand, being able to conduct one-off trades while away from the home office is very convenient, and is becoming a more frequent circumstance with advisers seeking productivity from mobile apps while on the road.

Veo® Mobile is available for download from the iTunes app store.

FPPad Bits and Bytes for February 10

Posted on February 10, 2012 by in Bits & Bytes

Relatively speaking, it’s been a quiet week. It’s my first full week home in Dallas with no traveling or conference appearances, but I’ve had a big backlog of work and writing waiting for me. Much of what I did this week was edit video interviews recorded at last week’s TD Ameritrade Institutional conference. Be sure to check those out using the link below.

First up in this week’s Bits and Bytes is my February column for Morningstar Advisor, Embracing the Cloud. Think you can’t ditch the servers that run all your in-house software? Think again.

Next is coverage from last weeks’ TD Ameritrade Institutional 2012 National Conference:

View my three-part Video Spotlight series, filmed on location at the conference, then review my thoughts on electronic signature options being rolled out to advisers.

TD Ameritrade brings some Florida heat to the RIA winter from RIABiz.com

[Guest columnist Tim Welsh does a good job capturing the major themes at the custodian’s annual conference.] Building on the growing momentum of its RIA custody business, TD impressed the crowd with high-profile keynote speakers, a technology showcase, practice management gurus, elegant parties and a legendary 1970’s-era disco band.

Tech Execs Look to the Future: TD Ameritrade Conference from AdvisorOne.com

[Some of the big players in technology participated in a good panel discussion on how today’s innovations are laying the framework for exciting functionality in the future. A quick read with great quotes from the panelists.] A gathering of executives from up-and-coming, as well as established, technology companies sat with AdvisorOne at the TD Ameritrade conference in Orlando Friday morning for a discussion of the state of advisor technology, integration and where the innovation is likely headed next.

Finally, this week’s stories of interest:

Data Standards Elusive from InvestmentNews.com

[Those seeking background on common data standards and integration need only look to the mobile phone industry to witness a scrambled approach to common standards. There’s iOS, Android, WebOS, Symbian, Windows Mobile, and on and on. So really, why should the financial services industry be at all interested in developing a common standard? My take: the winner will be the one with the first mover advantage. Today, that nod goes to TD Ameritrade Institutional’s Veo Open Access initiative.] Getting a fragmented industry to agree on a common framework may be impossible.

New version of Laser App hits industry from InvestmentNews.com

[Generating paperwork is one of those seemingly unavoidable consequences of running a financial advisory business. But with more electronic form automation and e-signature acceptance by custodians, paperwork might soon go the way of the dinosaur.] One of the great quests in the advisory industry is the desire for straight through processing of forms, preferably digital forms that make printed paperwork a thing of the past.

 

Video Spotlight: TD Ameritrade Institutional’s Chris Valleley discusses vendor participation and best practices in Veo® Open Access

Posted on February 9, 2012 by in Video Spotlight

Here’s the third and final pilot in my Video Spotlight series from the TD Ameritrade Institutional 2012 National Conference. This clip features Chris Valleley, Senior Manager of Technology Product Management and his thoughts on vendor participation in Veo® Open Access and how the Technology Product Management team shares best practices with all integration partners.

Special thanks to Chris Valleley, TD Ameritrade Institutional, Marriott World Center Orlando, and FishDawg Productions.

Video Spotlight: TD Ameritrade Institutional’s Jon Patullo discusses electronic signature and future enhancements of Veo® Open Access

Posted on February 8, 2012 by in Video Spotlight

Here’s the second pilot in my Video Spotlight series featuring Jon Patullo, Managing Director of Technology Product Management for TD Ameritrade Institutional.

Special thanks to Jon Patullo, TD Ameritrade Institutional, Marriott World Center Orlando, and FishDawg Productions.

Video Spotlight: Orion CEO discusses Veo® integration at the TD Ameritrade Institutional 2012 National Conference

Posted on February 7, 2012 by in Video Spotlight

I’m launching a new series on FPPad this year called Video Spotlight. Here’s the first in what I hope will be a growing segment of updates to the blog. Enjoy!

Special thanks to Eric Clarke, TD Ameritrade Institutional, Marriott World Center Orlando, and FishDawg Productions.

FPPad Bits and Bytes for December 23

Posted on December 23, 2011 by in Bits & Bytes

I hope you and yours have a wonderful holiday. Here are this week’s stories of interest:

How Black Diamond is faring as a unit of Advent Software from RIABiz.com

[So if you’re a disgruntled adviser on Advent’s legacy software, which new provider are you going to consider? Now that Advent owns Black Diamond, it seems like a no-brainer that advisers will make the transition to the web-based solution with little or no transition cost.] Since the Jacksonville, Fla.-based up-and-comer in portfolio accounting software was purchased back in early June by the San Francisco-based market leader, it has increased the number of advisory practices it serves to 330 from 270, an increase of about 22%.

TD to work on workflows for third-party technology partners from InvestmentNews.com

[This is a good, mid-week submission from Davis Janowski about TD Ameritrade’s efforts to provide sample workflows to advisors using Veo Open Access.] TD Ameritrade Institutional has completed an agreement with technology consultancy Actifi Inc. to help it build automated workflows for TD’s Veo Open Access platform.