Broker-dealer hopes to realize "increased efficiencies in managing data". Broker-dealer ValMark Securities has chosen Albridge Solutions' enterprise data management (EDM) and wealth reporting technology to coordinate data and information flow for the 225-plus financial advisors in its network.

Different views

"The array of technology solutions Albridge delivers will enable ValMark to realize increased efficiencies in managing our enterprise data, and, ultimately, our business," says Larry Rybka, president of Akron, Ohio-based ValMark. "Albridge's wealth-management reporting platform allows our advisors to provide their clients with a comprehensive, consolidated statement."

This newfound access to Albridge's EDM platform, also helps ValMark's advisors get a consolidated view of client data, such as brokerage assets and insurance-product details. In turn that lets them compile reports with customizable product focuses.

ValMark will also look to Albridge for new account opening and compliance reporting, gathering information at the transaction level and channeling it to the appropriate feed.

"In today's rapidly changing investing environment, leading financial organizations like ValMark Securities are incorporating best-of-breed solutions that help them manage their businesses and client relationships even more efficiently," says Jake Rohn, executive v.p. at Lawrenceville, N.J.-based Albridge. --FWR

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