OMAHA, Neb., April 28, 2017 /PRNewswire/ -- Silver Management Group, Inc., a leading provider of financial technology solutions, announced today the expansion of its product development team to accelerate delivery of several ground-breaking innovations and to capitalize on fresh waves of client demand. Newly hired software engineering, product management, and quality assurance personnel are employed in Silver's Empire State Building office in New York City and its recently opened Landmark Center office in downtown Omaha, Nebraska.
Conclusion of the multi-phased rollout of cost basis reporting regulations and continued uncertainty about changing fiduciary standards are driving unprecedented demand for Silver's Cost Basis, Fee Billing, and Portfolio Data solutions. "Until recently, firms were satisfied with meeting their minimum regulatory requirements," according to Neal Ruskin, Managing Partner responsible for Product Development. "Today, however, industry leaders are seeking to leverage state-of-the-art technology solutions to improve customer satisfaction, grow revenue, and reduce costs." Silver Solutions enable clients to achieve these objectives.
Among the pioneering advancements in Silver's software suite are useful toolsets of explainers and analyzers. Valuable explainers provide customer support staff, advisors, and investors with easy-to-understand graphical representations and natural language descriptions of complex cost basis and fee billing calculations. Powerful analyzers allow executives, traders, advisors, and investors to quickly and easily extract relevant information from extremely large datasets to make informed decisions. These innovative toolsets may be licensed as part of Silver's software platforms or implemented as modular solutions within a client firm's existing ecosystem.
About Silver Management Group, Inc.
Silver is a trusted provider of business and technology solutions for the investment services industry. The Silver team applies decades of securities industry and software development experience along with a passion for solving real-world problems to deliver cost-effective brokerage operations and wealth management solutions for our clients. Silver's strategic partners provide complementary services, software, and market data to enhance Silver solutions. Silver's proprietary software solutions are currently used by some of the world's most respected financial institutions to process tens of millions of investment accounts and more than $1 trillion in assets.
For more information, please visit www.silvermanagement.com.
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SOURCE Silver Management Group, Inc.