AdvisorEngine, a wealth management technology platform that applies smart automation to mission-critical advisor activities, announced the rollout of a brand new technical architecture. According to a statement from the company, the completion of this initiative brings immediate benefits for financial firms, advisors and their clients, positioning AdvisorEngine to scale on demand to meet rapid advisor growth through its newly minted technology back-end.
Advisors will benefit from significantly faster system performance across multiple features, including paperless client on-boarding, portfolio analytics, goals based financial planning, performance reporting, trading and rebalancing, fee-billing, automated alerting and document sharing. Data acquisition and batch processing capabilities will also be enhanced across the platform.
“Financial advisory firms require speed, accuracy, resiliency and the ability to scale, so we are constantly investing in modernizing our technology. Our latest wave of development strengthens the backbone of our offering and positions us to integrate more deeply with other technology providers,” said Tim Betts, Chief Information Officer at AdvisorEngine.
“Incorporating new technologies increases our speed-to-market through reduced development times. Improving our monitoring and remediation tooling allows us to react swiftly to any data anomalies,” said Vladimir Baranov, Chief Technology Officer.
HIRING TO ACCOMMODATE GROWTH
Betts also added, “From a recruiting standpoint, this project is exciting – talented engineers and product managers want to learn within the most modern technology.”
To accommodate the growth and evolution of AdvisorEngine technology, the company is expanding its team through new hires in engineering, product management and quality assurance roles. Candidates interested in applying for open positions at AdvisorEngine can visit http://careers.advisorengine.com.
AdvisorEngine works with forward-thinking financial advisors to create personal, scientific and beautiful experiences. Their wealth management technology platform applies smart automation to mission-critical advisor activities. AdvisorEngine serves 15,000 users across 1,500 firms with over $600 billion in network assets. The AdvisorEngine team is made up of enterprise technologists, data scientists, product managers, designers, futurists and business builders. For more information, please visit www.AdvisorEngine.com.