18 December 2017
visit www.avoka.com

Thomson Reuters connects with MyVest for client managed account programmes

01 July 2014  |  2191 views  |  0 Source: MyVest

Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced an agreement with MyVest Corporation to enable Thomson Reuters Wealth Management customers to leverage MyVest's Strategic Portfolio SystemTM (SPS) to automate the end-to-end delivery of managed accounts.

MyVest's SPS is a cloud-based platform which allows the provision of holistic wealth management across an enterprise in a single, unified system. By integrating MyVest's SPS, Thomson Reuters BETA customers will be able to leverage SPS from within the application to automate and scale managed accounts operations for certain managed programs such as mutual fund advisory, ETF advisory and unified managed accounts.

"Managed accounts are an important component of the wealth management industry and Thomson Reuters is committed to helping our customers support and grow their managed accounts franchises," said John Fennelly, managing director, Wealth Management at Thomson Reuters. "MyVest's Strategic Portfolio System is an ideal solution for any firm which wants to transform their technology and operational infrastructure to scale their mutual fund advisory, ETF advisory or unified managed account programs. With MyVest, they also offer the previously unattainable unified managed household program. We evaluated the firms in the marketplace and chose MyVest because they successfully combine managed accounts expertise, Silicon Valley innovation and an impressive management pedigree to deliver a leading product."

"Thomson Reuters is a proven leader in the wealth management service solutions space and MyVest is excited to become part of the BETA ecosystem," said Anton Honikman, chief executive officer of MyVest. "With SPS, wealth management firms can differentiate themselves by offering a greater level of sophistication in a fully integrated system. Our agreement with Thomson Reuters combines the power of SPS with BETA's robust and highly scalable transaction processing capabilities to create a comprehensive managed accounts solution that advisors can easily adopt from within Thomson ONE."

"MyVest enables wealth management firms to transform their business by adopting modern best practices in portfolio management and technology," said Bill Harris co-founder and chairmrman of the Board of MyVest. "We look forward to helping more firms, advisors and investors access these best practices through our partnership with Thomson Reuters."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.atos.netvisit www.ebaday.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
11050 views comments | 3 tweets | 2 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
8634 views comments | 15 tweets | 17 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7547 views comments | 19 tweets | 22 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
7034 views comments | 6 tweets | 26 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6965 views 0 | 4 tweets | 2 linkedin

Featured job

Competitive package
New York City, NY - USA

Find your next job