We are very excited to extend our partnership with Ameriprise and look forward to many more years of working together to provide their advisors with the best possible sales management solutions.
New York, NY (PRWEB) March 9, 2011
Xtiva Financial Systems, a leading provider of sales management and commission solutions for the financial services industry, today announced that Ameriprise Financial, Inc. (Ameriprise) has signed a multi-year agreement with Xtiva Financial Systems. Ameriprise originally became a client of Xtiva with their acquisition of H&R Block Financial Advisors in 2008.
“Signing Ameriprise increases our reach to over 65,000 advisors throughout the United States and further establishes the fact that Xtiva is the leading provider of commission solutions to the brokerage industry,” said Rick Scearbo, Vice President of Sales & Services at Xtiva. “We are very excited to extend our partnership with Ameriprise and look forward to many more years of working together to provide their advisors with the best possible sales management solutions.”
Xtiva provides the first industry-integrated approach to truly integrated commission management, sales management, 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 commission and production reporting to supervision of advisor licensing and compliance issues. With over 85 clients, processing for over 60,000 professionals, and key industry alliances, Xtiva is the leading provider of sales management and compensation solutions to the brokerage industry.
Xtiva’s clients include 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.
Ameriprise Financial, Inc. is a diversified financial services company serving the comprehensive financial planning needs of the mass affluent and affluent. For more information, visit http://www.ameriprise.com.