Odyssey Financial Technologies, a global provider
of front- and middle-office software for the Private Banking, Private Wealth
Management and Asset Management industries, has received a Positive rating in
Gartner's latest evaluation*, which rates Broker Desktop and Wealth Management
(BDWM) Systems in use in North America and Europe.
The author, senior analyst David Schehr, explains
the purpose of such research, “Broker desktop and wealth management solutions
are one of the dominant approaches to enabling financial firms to effectively
deliver services to affluent and high-net-worth clients. This MarketScope reviews
current vendor offerings in this space in Europe and North America, and looks
at how these vendor offerings have evolved, and the choices and challenges financial
firms will face when taking this approach.”
With its WealthManager™ product reviewed, Odyssey was given a Positive
rating. According to Gartner, vendors rated Positive demonstrate strength in
specific areas, but operations in one or more areas may still be developing
or may be inconsistent with other areas of performance. Gartner recommends current
customers continue with their planned investments and potential customers consider
the vendor a viable choice for strategic and tactical investments, while planning
for known limitations.
Greg Conley, Odyssey’s CEO, comments,
“We are very pleased to have been included in Gartner’s latest MarketScope.
We believe the Positive rating we received with WealthManager is recognition
of the work we’ve accomplished over the last 15 years and of the company’s
growing success. This achievement strengthens Odyssey’s position as one
of the major global players in the field, and I take this opportunity to thank
our customers for their continued trust in our company and our solutions.
About WealthManager™
WealthManager™ is an integrated Wealth Management Platform designed to
simplify and improve the daily work of professionals who manage and advise individuals’
wealth. The platform is a suite of components that can be combined flexibly
to create leading business solutions for Client Management, Advice, Sales, Portfolio
Management, Compliance and Client Reporting. WealthManager™ enhances all
facets of the wealth management process, is highly scalable, multi-lingual,
and multi-currency, and provides the technology that allows firms to increase
their client service capabilities, reduce costs, and generate additional revenue.
WealthManager™ enables wealth management firms to serve all client segments
from Mass Affluent to High Net Worth investors and to fully support the provision
of discretionary, advisory and brokerage services from a single platform.
*The MarketScope for Broker Desktop/Wealth Management
Systems, North America and Europe is copyrighted December 2009 by Gartner, Inc.
and is reused with permission. The MarketScope is an evaluation of a marketplace
at and for a specific time period. It depicts Gartner's analysis of how certain
vendors measure against criteria for that marketplace, as defined by Gartner.
Gartner does not endorse any vendor, product or service depicted in the MarketScope,
and does not advise technology users to select only those vendors with the highest
rating. Gartner disclaims all warranties, express or implied, with respect to
this research, including any warranties of merchantability or fitness for a
particular purpose.
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20-01-2010
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