Albridge, an affiliate of advisory firm and business solutions provider Pershing, announced improvements to its compliance and operational capabilities.
The changes, announced Tuesday, are a result of its October merger reorganization with Pershing's iNautix affiliate, according to a press release from Pershing. Pershing is a BNY Mellon company.
The reorganization will allow Albridge to help customers improve advisor productivity and boost investor satisfaction, too, according to a press release from Pershing.
"Broker-dealers are challenged currently to operate more efficiently and reduce costs" while getting investment professionals the information they need, said Greg Pacholski, president and CEO of Albridge. The reorganization of Albridge and iNautix will allow customers to consolidate data for reporting, analytics, intelligence and data warehousing all in one place, according to Pacholski. The new structure will also enhance compliance oversight and operating efficiency, he said.
Albridge will discuss its platform enhancements at its annual customer conference, Perspectives 2011, at the Lowes Philadelphia, Nov. 14 to Nov. 16, according to the press release.