Thomson Reuters partners ByAllAccounts for financial advisor data

Source: Thomson Reuters

Thomson Reuters today enhanced its offerings to financial advisors through an agreement with ByAllAccounts Inc, a Woburn, MA based technology company that delivers reconciliation-ready data to investment management and advisory firms.

Financial advisors using Thomson Reuters eXimius private client wealth management platform will have detailed account data through the integration of ByAllAccounts Custodial Integrator. This agreement demonstrates Thomson Reuters firm commitment to support the growing ranks of financial advisors in need of high-quality yet accessible financial data during this challenging financial climate.

By combining ByAllAccounts' Custodial Integrator which captures account data in the form of transactions, positions, balances and prices from virtually any online source, and feeds this data into eXimius, financial advisors will benefit from access to thousands of online sources within a single feed. eXimius integrates relevant systems and processes into a complete and efficient business solution for managing private client business on a multi asset level. eXimius with Custodial Integrator Universal delivers the complete picture in a single action, without requiring a separate effort for each of a growing list of custodians, or working with only a limited portion of client assets.

"Thomson Reuters is committed to delivering the most advanced and innovative technologies to our clients in the financial investment community," said John Fennelly, Global Managing Director, Wealth Management, Thomson Reuters. "This agreement with ByAllAccounts supports our overarching strategy to deliver broad and deep workflow solutions for financial advisors to make informed decisions quickly and easily. Our aim is not to simply deliver information, but about delivering value and understanding the customer's goals against the competition in an uncertain market environment."

"We are thrilled to partner with Thomson Reuters," said James Carney,CEO of ByAllAccounts. This agreement demonstrates our commitment to building strong relationships with market leaders to provide the level of information and service required to support increasingly sophisticated data needs. Together we create a cost-effective, easy-to-implement solution for advisors and wealth managers that enables access to a complete world of data and a holistic view of their client's portfolios with unparalleled quality."

Comments: (0)