New York, NY (PRWEB) April 1, 2009
Xtiva Financial Systems, a leading provider of business performance management solutions for the financial services industry, today announced that Capital Investment Companies has signed a multi-year renewal agreement with Xtiva Financial Systems.
"Our working relationship with Xtiva has been incredible over the past three years. They are a great business partner in these tough times and their application suite has allowed me to cut costs while gaining efficiencies and giving me the scale to add more revenue without adding expenses. It was an easy decision for us to extend our agreement and continue our relationship." said Richard Bryant, President of Capital Investment. "Our independent contractor business is growing, and Xtiva is an integral part of that."
Xtiva's business performance management portal is the first industry-integrated approach to truly incorporate compensation management, sales performance measurement, institutional client performance management, and business policy management tools. Xtiva's Suite supports today's needs for a managed solutions in meeting a wide range of business, operations, finance, and technology needs. The Xtiva portal combines Xtiva's next generation data consolidation, calculation, and business rules engines integrated with MicroStrategy's leadership in business intelligence in one seamless Software-as-a-Service suite of products. Xtiva's Business Management Portal delivers the industry's most comprehensive and flexible reporting and analytics capabilities; providing Xtiva clients with the advanced tools they need to manage their businesses.
"We have had a great working relationship with Capital Investment Companies from the beginning. We are excited about being part of their next phase of growth and look forward to working with them for the next several years." said Thomas Moysak, Executive Vice President at Xtiva. "We appreciate the opportunity to partner with them as they continue to grow their business."
Xtiva's new business performance management portal enables clients to:
+ Improve the quality and focus of reporting across the enterprise
+ Reduce total cost of ownership of advanced enterprise reporting solutions
+ Manage revenue and expenses more effectively
+ Bridge the huge gaps between regulatory and financial reporting today
About Xtiva Financial Systems
Xtiva Financial Systems is a leading provider of Software as a Service (SaaS) solutions for the brokerage industry. Founded in 1998 and based in New York City, Xtiva has developed state-of-the-art technologies that enable retail and institutional broker/dealers to streamline operations, from sales compensation and production reporting to supervision of advisor licensing and compliance issues. With over 100 clients and key industry alliances, Xtiva is the leading provider of sales compensation solutions to the brokerage industry.
Xtiva's clients include AXA Advisors, Gunn Allen Financial, H&R Block Financial Advisors, Key Bank, MetLife, Mutual of Omaha Investor Services, New England Securities, RBC Wealth Management, Northern Trust, UBS, and Walnut Street Securities. For more information about Xtiva, visit http://www.xtiva.com.
About Capital Investment Companies
Based in Raleigh, North Carolina, Capital Investment Companies offer clients a management philosophy that is contrary by nature. Rather than push a corporate agenda or follow analyst recommendations, they focus on creating individual solutions designed to meet specific financial goals. Capital has built a loyal following by providing independent and straightforward wealth management solutions. Capital Investment provides a full range of investment products and services including stocks, bonds and mutual funds. Their investment services are tailored to individual clients as well as independent brokers and other financial institutions. For more information about Capital Investment Companies, visit http://www.capital-invest.com.