Skience Adds SEC 17a-4 Compliant Storage, Redtail Integration to Celebrate 20th Anniversary
Advisor Transitions resource has also been enhanced.
HERNDON, Va.–(BUSINESS WIRE)–#AdvisorTransitions—Skience, a leading financial services solution and consulting provider, today announced an array of new enhancements to its platform including a Securities and Exchange Commission (SEC) 17a-4 compliant repository to store documents, an upcoming integration with renowned financial services client relationship management (CRM) firm Redtail Technology, and enhanced client-advisor collaboration within its Advisor Transitions feature. This is being done as Skience marks its 20th year in business delivering digital transformation to the wealth management industry.
“Ever since our inception almost exactly 20 years ago, we have been steadily innovating and finding solutions for our clients’ operational issues,” said Skience Chief Executive Officer Sanjeev Kumar. “These new and enhanced services provide an additional dimension to our products as we continue to deliver on our goal of offering the best-in-class, end-to-end digital transformation solution for RIAs and enterprises within the wealth management industry.”
Skience’s solution to keeping firms SEC 17a-4 compliant is the Skience Safe™, which stores documents originated either inside or outside of Skience. Firms can determine the length of time a document is stored and can leverage events-based retention. Private folders for mutable documents are also available and documents are automatically uploaded and indexed from DocuSign and Envestnet.
Skience’s enhancements to the popular Advisor Transitions feature include facilitating greater collaboration between advisors and their clients. Through a secure client site, advisors can easily collaborate with clients to collect missing information required to open financial accounts at their new firm. Skience has taken the transition process and fully digitized it, allowing for faster acquisition of assets by the receiving firm, greater collaboration with clients, and reduction in processing errors.
Shortly Redtail will be the latest CRM integration for Skience and users can then pass contact and family information from Redtail to Skience to better facilitate the client digital onboarding experience.
“Offering Redtail subscribers new ways to streamline common processes critical to the ongoing success of their practice is always top-of-mind for us,” said Brian McLaughlin, Redtail’s Chief Executive Officer. “We’re excited about the efficiencies this new integration with Skience will make available to our mutual subscribers, simplifying and further modernizing the onboarding experience for advisors and their clients alike.”
To learn more about Skience’s latest features, go to https://go.skience.com/skience-14-0/.
Skience delivers innovative digital strategies and solutions that transform businesses. Skience offers consulting services and an award-winning integrated platform that provides wealth management firms and RIAs an efficient way to unify their technology, increase back-office and advisor productivity, and set the stage for a great client experience. The Skience platform features a streamlined, end-to-end client onboarding and new account opening experience, deep integrations with leading custodial and clearing firms, compliance features, and daily data consolidation. Skience received a 2020 Technology Provider award from WealthManagement.com, a 2020 American Business Awards® Silver Stevie® award for fintech solutions, and was a Northern Virginia Technology Council Tech 100 honoree in 2019 and 2020.
Visit Skience.com to learn more.
About Redtail Technology
Founded in 2003, Redtail Technology is a leading provider of web-based Client Relationship Management (CRM), compliant text messaging solutions (Redtail Speak), paperless office, and email archiving solutions in the financial services industry. The company is dedicated to helping advisors efficiently grow their firms by providing them with the core technologies that drive their day-to-day operations, offering low cost and easy to implement applications, and integrating with many of the industry’s most widely used applications. As a pioneer in the financial technology industry, Redtail is committed to providing advisors exceptional customer service and strives to contribute in meaningful ways to its local communities in California, Arizona, and Georgia. For more information, visit www.redtailtechnology.com.
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