Here’s new news over the wires: Advent announced that it now supports web-based client portals for its APX and Axys products through an agreement with LIGHT[PORT]. From the press release:
Through this alliance, LIGHT[PORT]’s solution is available to Advent clients using Advent Portfolio Exchange® (APX), Advent’s integrated portfolio and client relationship management solution, or Axys®, its turnkey portfolio accounting and reporting solution. These clients can easily set-up automated, web-based reporting for their clients via their own custom portal. These portals can be added to an existing website or can be built as standalone sites. LIGHT[PORT] supports integration with locally installed APX and Axys®, or with APX through Advent OnDemandSM, which delivers Advent solutions via the Software-as-a-Service model.
Click here to read the entire press release on Advent’s website.
In the last month or two, I have received a number of new reports that focus on operations and technology in the financial adviser space. These reports do a fair job of identifying some of the trends of technology used in a wide variety of firms and some of the reasons why advisers have been slow to roll out new technology.
