Two subsidiaries of Charles Schwab have launched upgrades to their technology offerings.

Schwab Performance Technologies has launched PortfolioCenter Hosted, a combination of portfolio management software and outsourced infrastructure.

This means RIAs can outsource physical infrastructure (servers, back up equipment, hardware, secure premises) combined with software administration (updates, upgrades, IT consulting/support services).

Prices for the hosted version of PortfolioCenter will start at $1,200 per quarter, with no transition costs for advisors who custody assets with Schwab Advisor Services.

Meanwhile, SPT has also upgraded its fully outsourced offering, Schwab OpenView Integrated Office. This now includes an advisor branded end-client portal where financial information (top holdings and asset allocation) and quarterly performance reports can be viewed.

Schwab Intelligent Technologies, another Schwab subsidiary, has officially launched Schwab OpenView MarketSquare, a feedback and ratings site on technology vendors for RIAs.

The MarketSquare concept was announced late last year and has so far garnered 400 reviews from advisors on 80 technology products. The site launched yesterday with 15 reviews on CRM, portfolio management, document management, trading and rebalancing, and financial planning products.

Individual reviews are analyzed to identify prevailing sentiments, both positive and negative, which are then used to create a consolidated review. Only products that have received at least five reviews are included.

It is available to advisors working with Schwab Advisor Services though its Intelligent Technologies unit.

So far, around 40 companies have agreed to have their products and services reviewed on MarketSquare. At launch, there were reviews on companies including Envestnet|Tamarac, Salentica CRM, Junxure, Morningstar, and Schwab Performance Technologies.