NEW YORK, Dec. 9, 2015 /PRNewswire/ -- RiXtrema announced that its Portfolio Crash Test solution is now integrated with Albridge Applink, which enables advisors to access and transfer client data between Albridge Wealth Reporting and third-party applications. Applink provides a single sign-on interface and seamless data movement that integrates all of an advisor's applications. Albridge is an affiliate of Pershing LLC, a BNY Mellon company.
The addition of RiXtrema to Applink will offer advisors the ability to integrate client data into a risk management tool, and present their clients with comprehensive charts and reports illustrating their investment options.
"Albridge, and its affiliate Pershing, are highly regarded, well-established forces in the financial advisory community and we are pleased to be available as an Applink provider," said RiXtrema President Daniel Satchkov. "This new integration option can help advisors anticipate and avoid potential problems, enabling them to provide additional value to their clients."
"We are personally invested in helping our clients succeed and continue to add applications to Applink that address our clients' needs," said Anthony Johnson, Director of Albridge and lead on the Albridge Applink solution. "RiXtrema's Portfolio Crash Test is a risk management tool that will contribute to Applink's ability to help advisors increase productivity and reduce compliance risk."
RiXtrema, founded in 2010, is the only institutional quality risk analysis provider for independent financial advisors that is also selected by many top institutions, including the Nobel Foundation. The Portfolio Crash Test tool is currently used to collectively manage over $400 billion. Built on a solid analytical framework with scientific credibility, the tool now provides independent advisors and broker/dealers with a risk management solution that truly serves the investor's best interest.
Albridge is a leading provider of data management solutions including performance reporting, business intelligence, imaging and workflow. Albridge provides the foundation for financial organizations to leverage a single source of information to power a number of mission critical technology applications.
RiXtrema, founded in 2010, is a portfolio crash-testing company that helps advisors discuss risk with clients. Long used by fund managers, pensions plans and funds of funds, RiXtrema has introduced its risk management tools to the financial advisory and broker/dealer community to help ensure that clients get the analysis and advice they need. RiXtrema recently introduced BioniX, the first robo platform for advisors that includes sophisticated risk modeling. For more information, visit www.rixtrema.com.
Albridge, an affiliate of Pershing LLC, is a leading provider of enterprise data management solutions that deliver a single view of an investor's broad range of assets. Our proprietary technology consolidates and reconciles client account and transaction data from hundreds of data sources representing banking, brokerage, insurance, retirement, managed accounts and more. Albridge processes this cleansed data and uses it to power a variety of downstream technology solutions, including performance reporting, sales practice monitoring, data warehousing, business intelligence, imaging and workflow. Albridge provides the foundation for financial organizations to leverage a single source of information to power a number of mission critical technology applications. Additional information is available at albridge.com.
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