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Crowell, Weedon to use Portfolio Management & Trading Solutions and
Financial Advisor Workbench from Fiserv to expand its advisory base
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Fiserv solutions will automate existing processes at Crowell, Weedon,
providing greater efficiencies to the front- middle- and back office
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, announced today that Crowell,
Weedon & Co. has selected its Portfolio Management & Trading
Solutions, formerly known as Security APL, and Financial Advisor
Workbench, its Rep as Portfolio Manager solution, for processing,
reporting and portfolio accounting.
"The registered investment business at Crowell, Weedon has grown at a
rapid rate over the past several years. It became evident that we did
not have the tools in-house to accommodate this growth, so we went to
market to look for the best technology and partner to help us meet this
challenge," said Andrew Crowell, managing partner, Crowell, Weedon. "We
are very optimistic about our partnership with Fiserv and believe that
the technology of the Portfolio Management & Trading Solutions and
Financial Advisor Workbench will give us a leg up for the next wave of
growth in our business."
Portfolio Management & Trading Solutions from Fiserv enable fee-based
program sponsors and investment professionals to manage all of their
products using a single ASP-based solution. Crowell, Weedon will
leverage Fiserv technology through OneViewSM from Fiserv, an
intuitive, roles-based interface that enables users to quickly and
efficiently navigate the platform while offering better service to their
investors.
Additionally, the Southern Calif.-based regional broker-dealer will
leverage Financial Advisor Workbench from Fiserv, which supports more
than 124,000 accounts nationwide. Financial Advisor Workbench offers a
suite of portfolio accounting tools for fee-based assets that will
enable advisors at Crowell, Weedon to grow their business by leveraging
the network of managers at Fiserv and the solution's unparalleled
modeling and automated trading capabilities.
"Through our partnership
with Crowell, Weedon, we are confident that the best-in-class
connectivity, scalability and robust functionality of Fiserv technology
will fulfill their current and future investment advisory requirements,"
said Cheryl Nash, president, Investment Services, Fiserv. "The common
goal shared by Fiserv and Crowell, Weedon is our dedication to putting
clients first. Fiserv technology will equip new and existing Crowell,
Weedon advisors with a competitive advantage, by streamlining workflow
and creating operational efficiencies designed to free the advisor to
spend more time with clients. We know that when advisors have more time
with clients, they are in a better position to grow their business and
deliver a higher level of service."
With more than 3.6 million accounts and 1.3 million UMA sleeves on its
Wealth Management Platform, Fiserv is the market leader in the managed
accounts industry. With financial planning technology through its
acquisition of AdviceAmerica, and data aggregation capabilities through
its acquisition of CashEdge, Fiserv remains the leader in the financial
services industry with technology that can support all functions of a
wealth management business, from planning, trading, post-trade
processing and investor reporting to fee billing and invoicing.
Additional Resources:
About Crowell, Weedon & Co.
Crowell, Weedon & Co. is a Regional Broker Dealer located in Southern
California. For more than 80 years, Crowell, Weedon & Co. advisors have
served individuals, families and leading businesses. The financial
professionals at Crowell, Weedon & Co. are dedicated to providing a full
range of investment strategies and services to meet client's personal
financial management goals.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider
serving the financial services industry. Fiserv is driving innovation in
payments, processing services, risk and compliance, customer and channel
management, and business insights and optimization. For six of the past
eight years, Fiserv ranked No. 1 on the FinTech 100, an annual
international listing of the top technology providers to the financial
services industry. For more information, visit www.fiserv.com.
FISV-G
Media Relations:
Julie Nixon
Senior PR Manager
Fiserv,
Inc.
+1 678-375-3744
julie.nixon@fiserv.com
or
Additional
Contact:
Wade Coleman
Director, Public Relations
Fiserv,
Inc.
+1 678-375-1210
wade.coleman@fiserv.com
Source: Fiserv, Inc.
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