Interactive Data's MARKET-Q & Sterne Agee's eCustody platform offers one-stop-shop for advisors and broker-dealers
Interactive Data Corporation, a leading provider of market data solutions for wealth management firms, and Sterne Agee, one of the oldest and largest privately-held financial services firms in the country, announced today the expanded integration of Market-Q's real-time trading, streaming portfolio holdings, and customer account information into Sterne Agee's eCustody client platform.
Sterne Agee will deploy an enhanced "powered-by" version of Market-Q to their more than 750 Registered Investment Advisor (RIA) and correspondent broker-dealer clients who subscribe to the firm's eCustody clearing and custodian services platform.
"We are very excited about the integration between eCustody and Market-Q," said Daniel Garrett, Managing Director and Business Technology Officer for Sterne Agee. "These products truly complement one another and add efficiencies to the research and trading functions that our financial advisors engage in every day."
"We have had a successful partnership and distribution agreement in place with Sterne Agee for quite some time," said Bill Chambers, Vice President and General Manager for Wealth Solutions at Interactive Data. "We are excited to take our joint offering to the next level and to create a true one-stop-shop experience for the RIA and correspondent broker-dealer communities."
Sterne Agee's eCustody client solution is unique in that it provides a fully integrated experience enabling advisors and broker-dealers to manage major accounts/portfolio features while seamlessly incorporating Market-Q's vast research options.
New and enhanced Market-Q features within eCustody include:
Market-Q, with over 25,000 active users, provides members of the wealth management community integrated workflow solutions facilitating their market data, news and research needs helping to efficiently win and grow their business.