WealthStationâs SaaS offering allows advisors to access on demand by credit card, more than 60 financial planning modules, including SunGardâs asset allocation software, and automatically receive upgrades in a secure environment with full disaster recovery backup.
Many experienced advisors are departing traditional banks and brokerage firms to start their own independent advisory practices. There is also a growing demand for advisory services as investors seek guidance from investment professionals. These trends are leading to a greater need for quickly deployed advisor solutions. WealthStationâs SaaS delivery provides an automated, Web-based environment that helps to simplify implementation, accelerate time-to-market, and gain ongoing processing and cost efficiencies with minimal IT support.
Kevin Rafferty, president of SunGardâs wealth management business, said, âIt is more important than ever for advisors to be agile in their service offerings and dedicate more time to acquiring, retaining and serving clients. Utilizing SunGardâs SaaS framework, WealthStation provides the technology and tools that advisors need to plan and execute investment strategies for their clients in an on-demand environment, without requiring a large capital expenditure. WealthStationâs SaaS solution gives independent advisors access to the same quality tools enjoyed by traditional institutions.â
* SunGard Financial Systems is pursuing a visionary initiative to transform some of the key functionality of its core systems into components to form a new software development and on-demand delivery environment called Infinity. Infinity enables financial institutions to develop and deploy custom applications, integrating SunGard components with their own proprietary or third party components. Infinity uses SunGard's Common Services Architecture (CSA), a service-oriented architecture (SOA) development framework, offering business process management (BPM) and a virtualized, software-as-a-service (SaaS) infrastructure.