MINNEAPOLIS, Jan. 23, 2005âInvestigoâprovider of the financial services industryâs fastest-selling practice management systemâannounced today that Investors Capital Corporation, the independent broker-dealer of Investors Capital Holdings (AMEX: ICH) has signed an agreement to offer Investigoâs web-based data consolidation and reporting software to its broker-dealer network of 750 representatives.
According to Investors Capital President Tim Murphy, "We found that Investigo was the best fit for us. We were originally looking for data aggregation, but we found that Investigo not only provides a single point of entry for consolidating and streamlining office functions, but also offers an enterprise solution with the broadest range of core practice management functionality available in one system at a significantly lower price."
For reps, that translates into reduced costs because Investigo eliminates the need to purchase and maintain multiple systems. The system also automatically updates, consolidates and reconciles client data, and provides a single portal for asset tracking, client management and regulatory complianceâstreamlining practice management and enabling better client service.
Investigo CEO Tom Rozman said, "In addition to saving reps money, the hub of Investigoâs platformâa powerful data warehouseâsaves reps time by providing clean, accurate data, freeing advisors from the burden of manually validating data."