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.