FolioDynamix, the investment and wealth-advisory technology provider, has released the sixth version of its wealth management platform, aiming to provide enhanced order management, business process management and performance reporting for investment firms and advisors.

Features of the new system are said to include:

Advanced Order Management, designed to increase the agility, visibility and control that advisors have in managing trades;

Pre-configured Business Process Management (BPM) capabilities that aim to automate and streamline repeatable functions such as accessing current client holdings to generate investment proposal comparisons and enabling trading workflows driven by configurable business rules;

Composite performance and management reporting capabilities that aim to allow advisors and sponsors to generate reports specific to their needs, as well as support audit and compliance needs on demand.

“Version 6 is the latest delivery in support of our vision of transforming how broker dealers, banks, custodians and advisors meet the needs of their clients through leading-edge technology and greater visibility and control over the wealth management lifecycle,” said Joe Mrak, president and chief executive of FolioDynamix.