At BlazePortfolio our goal is to streamline the rebalancing and trading process from end-to-end. We’ve recently added new integration partners on both ends including three portfolio accounting systems (AssetBook, Morningstar Office, and SunGard Charlotte), a back office outsource provider (Empaxis), and Pershing as an electronic trading partner.
We work with many data providers to bring account, security and tax lot data into ATOM ALIGN. With each provider we strive to build the best possible solution for our clients by creating processes to minimize user involvement and be cost effective.
Our first integration partner this summer was AssetBook. We launched the integration in June and as part of the project we worked with their development and account management teams to establish a fully automated process to update ATOM ALIGN before an advisor gets into the office.
Due to advisor demand our next integration was with Morningstar Office. With the upload of one file we synchronize all of the accounts and classify all of the securities. Morningstar Office has a powerful solution for reporting and accounting, at a very reasonable cost. A client called the combined solution with ATOM ALIGN, “the best of both worlds.”
SunGard Charlotte is the latest platform and the first trust accounting system to integrate with Atom Align. To avoid the additional costs associated with the standard SunGard integration we built an easy and flexible interface that works with extracts that users can build on their own and schedule to run automatically.
We are happy to work with back office outsourcing firms because they provide high quality data and have a existing automated procedures we can work with. I’ve known Stephen Van de Wetering, the founder of Empaxis, for nearly a decade and have worked with him at Allianz Global and at Advent. His company is one of the leading Advent back office outsourcing firms and we are glad to have a mutual client.
Last but not least, we are now an approved OMS vendor on the Pershing platform. As an approved vendor we can route trades and allocations electronically using FIX for any Pershing advisory client (PAS) or Pershing broker dealer client. Combined with the automated nightly import of Pershing data this integration delivers the most streamlined rebalancing and trading solution available.