The all-in-one technology platform provider Advyzon announced this week an integration with alternative investments platform iCapital.
This will initially include integrating iCapital’s data and fund activity into Advyzon’s portfolio reporting platform (along with single sign-on from Advyzon to iCapital). On the future roadmap will be access to iCapital’s document center from within Advyzon’s document vault, which would enable advisors using Advyzon CRM to receive alerts that include capital calls or subscription updates right on their dashboard.
Also upcoming: the same integrations will be available in Advyzon Auria, a new platform intended for use by single-family offices, multi-family offices and other advisory firms and enterprises serving UHNW clients, that is set to roll out sometime in the first quarter of 2025.
Bruce ATS, an after-hours trading system from Apex-Nasdaq coming
Apex Fintech Solutions and owner Peak6 Investments have announced a collaboration with Nasdaq to build out an overnight trading system called Bruce ATS. It will run on Nasdaq’s Ocean platform, allowing advisors to continue trading after regular market hours from Sunday through Thursday, 8 p.m. EST to 4 a.m. EST, with plans to expand availability in the future. While it still awaits SEC approval (FINRA has granted it), the team behind it anticipates it should become available at the end of January 2025.
Intelliflo Delivers More Than 110 Tech Updates
Despite its being used by more than 30,000 advisors around the English-speaking world (U.S., UK and Australia), intelliflo may still not be a household name for advisors stateside. It is Invesco’s rebrand of the firm’s financial advice applications. The technology provider this week announced it had delivered more than 110 enhancements—most based on advisor feedback or requests—in the past year to intelliflo redblack, the company’s award-winning rebalancing and trading technology (it won WealthManagement.com Industry Awards in 2022 and again this year). Among those improvements was the launch of its new wash sale detection capability in October.
Kamal Jafarnia, Opto Co-Founder, Joins Vise
This week, Kamal Jafarnia, co-founder of alternative investments platform Opto Investments, joined Vise as its chief legal officer and general counsel. He’s spent his three-decade career in legal roles across various fintech firms, including general counsel at Artivest, where he led the company’s acquisition by iCapital in 2020. He will continue to work with Opto as an advisor.
Kirsten Knull joins AcquireUp
Many advisors may be unfamiliar with AcquireUp, a seminar and events marketing company that serves advisors and insurance agents. The name represents a recent merger of three other brands: White Glove, Acquire Direct and LeadJig. This week, Kirsten Knull joined as the company’s chief revenue officer and will lead sales there; she may be familiar to advisors as she was national sales manager at financial planning software provider Envestnet MoneyGuidePro several years ago. She most recently served as CRO at Draiver and has worked for Capital One and Unboxed Technology.
