All-in-one technology platform provider Advyzon this week announced an integration with alternative investment platform iCapital.
This will initially involve integrating iCapital's fund data and activity into Advyzon's portfolio reporting platform (along with single sign-on from Advyzon to iCapital). In the next roadmap will be access to iCapital's document center from within Advyzon's document vault, which will enable advisors using Advyzon CRM to receive alerts involving capital calls or subscription updates directly to their dashboard .
Also upcoming: the same integrations will be available on Auria advisesa new platform intended for use by single-family offices, multi-family offices and other advisory firms and enterprises serving UHNW clients, to be launched sometime in the first quarter of 2025.
Bruce ATS, an after-hours trading system from the upcoming Apex-Nasdaq
Apex Fintech Solutions and owner Peak6 Investments have announced a collaboration with Nasdaq to build an overnight trading system called Bruce ATS. It will run on Nasdaq's Ocean platform, allowing advisors to continue trading after regular market hours Sunday through Thursday, 8:00 p.m. EST to 4:00 a.m. EST, with plans to expand availability on the future. While still awaiting SEC approval (FINRA has granted it), the team behind it anticipates it becoming available at the end of January 2025.
Intelliflo offers more than 110 technological updates
Despite being used by more than 30,000 advisers around the English-speaking world (US, UK and Australia), intelliflo may not yet be a household name for country advisers. It is the rebranding of Invesco of the firm's financial advice applications. The technology provider announced this week that it had delivered more than 110 improvements — most based on advisor feedback or requests — in the past year to intelliflo redblack, the company's award-winning rebalancing and trading technology (it won WealthManagement.com Industry Awards in 2022 and again this year). Among these improvements was launching new wash sale detection capability in October.
Opto Co-Founder Kamal Jafarnia Joins Vise
This week, Kamal Jafarnia, co-founder of alternative investment platform Opto Investments, joined Vise as chief legal officer and general counsel. He has spent his three-decade career in legal roles across various fintech firms, including general counsel at Artivest, where he led the company's acquisition by iCapital in 2020. He will continue to work with Opto as counsel.
Kirsten Knull joins AcquireUp
Many advisors may be unfamiliar with AcquireUp, a seminar and event marketing company serving insurance advisors and agents. The name represents a recent merger of three other brands: White Glove, Acquire Direct and LeadJig. This week, Kirsten Knull joined as the company's chief revenue officer and will lead sales there; she may be familiar to advisors as she was national sales manager at financial planning software provider Envestnet MoneyGuidePro several years ago. She most recently served as CRO at Driver and has worked for Capital One and Unboxed Technology.