Thomson Reuters Expands Its Offerings To Financial Advisors Through Agreement with ByAllAccounts
Service to Provide Integration of Single Feed on Wealth Platform Service eXimius
New York – 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.”
About Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (NASDAQ: TRIN). For more information, go to www.thomsonreuters.com.
Founded in 1999, ByAllAccounts, Inc. (Woburn, MA) provides a single data feed from thousands of financial institutions for the wealth management back office. Our patent pending technology analyzes, augments, and delivers data for even the most sophisticated holistic wealth management practice and enables efficient and timely account reconciliation, performance analysis and consolidated reporting. ByAllAccounts, serves clients having a full range of managed and “held-away” accounts, including retirement, banking, brokerage, trust, hedge fund, limited partnerships, private equity, annuity, and more enabling efficient allocation analysis and “holistic advice” for their clients’ accounts. For more information about ByAllAccounts, Inc. solutions, please call 781.376.0801, email firstname.lastname@example.org, or visit www.byallaccounts.com/thomson.
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