New York (PRWEB) May 23, 2010
Xtiva Financial Systems, a leading provider of enterprise compensation solutions for the financial services industry, today announced that Laidlaw Securities (Laidlaw) has signed a multi-year agreement with Xtiva Financial Systems. Laidlaw has had a history of deploying the very best technology to attract and retain the best advisors. With Xtiva’s solution, it will bring further automation and scale for modeling compensation policies that match the changing needs of advisors.
“We are very excited about adding Laidlaw to our growing roster of customers.” said Rick Scearbo, Vice President at Xtiva. “We want to thank Laidlaw for choosing us as their new partner and look forward to getting them live on Commission Manager.”
Xtiva provides the first industry-integrated approach to truly integrated compensation management, sales performance measurement, institutional client performance management and business policy management. Xtiva’s offering supports today’s needs for a managed solution in meeting a wide range of business, operations, finance, and technology needs. Xtiva provides clients with the tools they need to drive their businesses forward by enabling 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 gaps between regulatory and financial reporting
About Xtiva Financial Systems
Xtiva Financial Systems is a leading provider of hosted 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 90 clients and key industry alliances, Xtiva is the leading provider of sales compensation solutions to the brokerage industry.
Xtiva’s clients include Ameriprise, AXA Advisors, 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 Laidlaw & Company
Laidlaw & Company (“Laidlaw) is a full-service investment banking and brokerage firm offering personalized investment advice and skillful execution to private and public institutions, as well as high net worth individual investors. For more information, visit http://laidlawholdingsplc.com/.
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