Spire Investment Partners Selects Quadron Data Solutions for Commission Processing, Compliance, and Reporting Needs

DENVER, June 9, 2011 /PRNewswire/ -- Quadron Data Solutions™, a Fetter Logic Company, today announced that Spire Investment Partners, LLC, a combination broker/dealer and registered investment advisor, has completed the first of three phases of deployment of Quadron Data Solutions' compliance supervision tool (ComplianceQ™), analytics and reporting application (ReportQ™) and compensation management system (EarningsQ™).  These applications are being deployed using Quadron's DataPro, an aggregated, unified data warehouse that provides support for all of Spire's custodians, including Fidelity (brokerage and advisory), Pershing (brokerage and advisory), Schwab, and NSCC directly held mutual fund data.

Spire Investment Partners has incorporated Quadron's enterprise database and its related applications into the company's core processes so they can cleanly integrate clearing firm data from multiple feeds into one aggregated data source, facilitating a more efficient and streamlined process for data management; minimizing the chances of manual errors; driving business efficiency and enhancing compliance supervision through improved monitoring of all business investments.

"While searching for vendors to fulfill our data management needs, we quickly came to the conclusion that Quadron was the only technology vendor to offer this breadth of data and application services all under one roof," said Spire's CEO, David Blisk.  He continued, "Their in-depth industry knowledge and experience servicing independent broker/dealers was invaluable to our successful deployment."

Quadron Data Solutions' CEO David Fetter noted, "Managing the diversity of functional requirements, investment products and data sources can be overwhelming for even the largest broker-dealers.  We're excited to be able to offer firms like Spire a high quality, cost-effective solution."

About Spire

Spire Investment Partners is the most flexible Registered Investment Advisor/Broker Dealer in the independent advisory space and is very proud of its clearing and custody partnerships with Fidelity, Pershing and Schwab.  This multiple clearing capability coupled with superior technology, customized compliance solutions and competitive payouts has made Spire a nationally recognized independent RIA/BD.

Spire Investment Partners, LLC, serves as the umbrella organization for Spire Securities, LLC, a broker/dealer registered with the Financial Industry Regulatory Authority (FINRA), and Spire Wealth Management, LLC, an RIA registered with the Securities and Exchange Commission.

About Quadron Data Solutions

Quadron Data Solutions, a Fetter Logic Company, provides technology-enabled solutions for independent, bank and insurance broker-dealers. The company's core platform includes DataPro, a proprietary data warehouse, and the Q-Suite, a set of comprehensive solutions that provide financial professionals with integrated applications for all of their data management and client reporting needs. The Q-Suite is comprised of: AccountQ™, AdvisorQ™, ReportQ™, ComplianceQ™, and EarningsQ™. By leveraging data, technology and expertise, Quadron Data Solutions has created innovative and seamlessly integrated business processes and reporting solutions. Fetter Logic, founded in 1997, retains the branding for consulting projects and products in the institutional trading space. For more information on Quadron, DataPro and the Q-Suite, please visit www.quadrondata.com.

SOURCE Quadron Data Solutions