Advisers and portfolio managers will now have access to Schwab custodial data throughout the day on Advent’s Black Diamond and Advent Portfolio Exchange (APX) platforms, via Advent OnDemand
“This is an extension of our more than 20-year relationship with Advent, during which we have worked together to serve more than 1,400 shared clients,” said Neesha Hathi, senior vice president of adviser technology solutions for Schwab Advisor Services.
Dave Welling, vice president at Advent Software and general manager of Black Diamond, added: “Deeper integration of custody information and workflows across the Advent, Black Diamond and Schwab platforms will help our clients realize significant productivity gains, while also giving them better tools to serve their clients—and we are proud to be a part of a solution that helps to support adviser greatness.”
Schwab Intelligent Integration is a multi-year initiative designed to integrate disparate systems and workflows in advisers’ offices. Schwab OpenView Integrated Office includes Salesforce customer-relationship management (CRM) and is a collaboration between Microsoft, Junxure, Salentica, salesforce.com and Tamarac. More information about Schwab Intelligent Integration is available at http://www.schwabintelligenttechnologies.com,