Independent broker-dealer Prospera Financial Services has introduced a new advisor software tool, dubbed COREngine.
Designed by Sycamore Company on the Salesforce App Cloud, the new platform will provide company’s advisors a single technology platform to access its proprietary tools, third-party vendors and data from multiple custodians.
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Prospera said that the pilot testing of the software will commence in April 2016 and general launch thereafter.
Phase one of tailored programme, which will fit the needs of both advisors and firm’s back office staff, will feature a suite of tools to help automate the direct business process of advisors and staff alike.
The platform will include a customer relationship management tool that will allow advisors to easily manage and track client interactions, online document storage and data aggregation.
It will also offer real-time reports and analytics, auto-form filling through LaserApp, and customized work-flow processes to track business every step of the way.
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By GlobalDataThe future phases, which are expected to be launched later in 2016 and in 2017, will include a complete paperless universe with support of E-Signature, an integrated commission system, mail merge for regulatory mailings and integration of third party vendors. The third party vendors include AI Insight, CSI WatchDOG Elite and Litmos by Callidus Cloud.
Prospera president David Stringer said: "We are very excited to be partnering with Sycamore Company to give our advisors a consistent and efficient way of processing business.
"With the help of Sycamore Company and the collaboration of our Prospera home office team, we have developed what we anticipate to be a huge and vital resource for our advisors."
