By leveraging the best of what ADP has to offer through its ProVisor application, including real-time access to account-level and tax lot information as well as online order entry, and integrating it with the market data, news and research of Reuters Plus, ADP and Reuters are providing a robust producer workstation. This integration exemplifies the commitment of both firms to expand their offerings to meet the changing needs of the retail brokerage marketplace.
"We are delighted to announce this partnership with Reuters and are very impressed with the Reuters Plus product suite. As ADP's clients embrace Wealth Management, we believe this integrated workstation becomes a core element for producer productivity and asset gathering," commented Marianne Brown, Senior Vice President and General Manager, ADP Brokerage Processing Services.
"This combination of two of the most respected and experienced industry leaders will undoubtedly help our customers to extend their competitiveness," said Steve Lipper, Executive Vice President, Asset Management, Reuters Group. "This alliance demonstrates the power and flexibility of Reuters Plus as a proven, yet cost-effective technology platform our clients can trust."
ProVisor is ADP's browser-based desktop application that offers financial consultants and other front-office professionals access to critical portfolio information, including real-time tax lot updates and contact management capabilities, coupled with automated order entry and real-time market data. ProVisor offers financial professionals and other sales personnel a comprehensive desktop application that will increase overall productivity in the front office, and through its integration with ADP BPS securities processing engine, streamline the firm's back office operations.
Reuters Plus is Reuter's premier desktop solution for the Wealth Management marketplace. Designed to improve the efficiency and effectiveness of financial advisors, Reuters Plus offers a combination of real-time, historical and key fundamental data which can be personalized for quick access to relevant information. Market data, news, research and a variety of third-party services can be easily integrated with back-office, CRM (Customer Relationship Management), financial planning as well as internal data and applications.