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Manjinder Jaul
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Odyssey receives positive rating in MarketScope

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.”