New integration provides SS&C advisory clients with a turnkey, goals-driven planning and investment management solution
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WEST CHESTER, Pa., Oct. 28, 2020 /PRNewswire/ --  Wealthcare , an innovator in wealth management, tech-enabled advisor solutions, and a business unit of Financeware, a NewSpring Holdings platform company, today announced a new integration with SS&C's Black Diamond® Wealth Platform . Through this integration, Black Diamond clients will have access to Wealthcare's groundbreaking GDX360® goals-driven planning and investment management platform. "Partnering with Wealthcare empowers firms to further customize their client's financial plans," said Justin Wayne, Head of Black Diamond Partnerships and Integrations at SS&C Advent. "A comprehensive plan then helps advisors facilitate in-depth client conversations and foster long-lasting relationships." The GDX360 platform from Wealthcare synchronizes financial planning, investment strategies, goals-driven advice, operations, and compliance. The integration between the GDX360 platform and Black Diamond allows advisors to make real-time updates to client plans by leveraging details such as relationships, accounts, and holdings. "Black Diamond is a well-respected industry leader, and through our integration, we will be able to provide their advisors access to our proprietary goals-driven experience," says Matt Regan, President of Wealthcare. "We are thrilled to introduce our planning solution to a whole new set of advisors, who will see the benefits of comprehensive goals-driven planning as well as the option of a fully integrated goals-based investment framework. We look forward to working with Black Diamond as a partner in transforming the way that their advisors provide value to their clients' lives." ABOUT WEALTHCARE
For over 20 years Wealthcare, a business unit of Financeware, has enabled advisors to transform theoretical plans into life-changing realities using our patented goals-driven process, GDX360®. Wealthcare holds 12 patents on its established goals management process. Powered by its patented Comfort Zone®, Wealthcare's approach features innovative, personalized experiences and step-by-step tools that create deeper relationships between advisors and investors. Wealthcare empowers advisory firms and independent advisors to grow their business using this proven fiduciary process that seamlessly integrates planning, trading, and investing – and a full-suite of practice-management services. Wealthcare's tech-enabled offering services both fee-only and hybrid advisors through its two RIAs. Wealthcare is a Financeware platform company with over $3 billion in AUM across both RIAs and serves more than 130 affiliated advisors. Learn more at www.wealthcaregdx.com
About Financeware
Financeware is an industry-leading fintech platform company focused on delivering a robust suite of innovative solutions to the financial services market. The company's set of broad capabilities span financial market data, wealth management workflow processing, and tech-enabled RIA services. Established by NewSpring Holdings in 2018, Financeware combines the rich competencies and market leadership of its three businesses QUODD, VMS and Wealthcare and leverages go-to-market and operational synergies across the platform. Learn more at www.financeware.com . About NewSpring Holdings
NewSpring Holdings, NewSpring's dedicated holding company with a strategy focused on control buyouts and platform builds, brings a wealth of knowledge, experience, and resources to take profitable, growing companies to the next level through acquisitions and proven organic methodologies. Founded in 1999, NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages approximately $2 billion across four distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries. Visit NewSpring at www.newspringcapital.com . ABOUT SS&C TECHNOLOGIES
SS&C  is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology. SOURCE Wealthcare

Wealthcare Announces Integration with SS&C's Black Diamond Wealth Platform

Former Head of Fidelity Corporate Actions Solutions to Execute the Company's Vision and Strategy
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JERSEY CITY, N.J., Sept. 4, 2019 /PRNewswire/ --  Financeware , a leading data and wealth management fintech platform and NewSpring Holdings' company, is pleased to announce that it has appointed William Dolan, former Head of Fidelity Corporate Actions Solutions, as the company's Chief Executive Officer. Mr. Dolan's appointment is a key milestone in executing Financeware's broader strategy to accelerate its growth across the financial data and wealth management sectors and highlights the company's commitment to assembling industry leaders at the management and Board levels to help propel the company through its next phase of expansion. "We are extremely fortunate have such a talented and experienced executive to lead Financeware at this exciting time in our growth," said Jim Ashton, NewSpring Holdings General Partner and Financeware Board Member. "With his unique combination of strong business leadership and vast experience in delivering data and financial technology solutions, Will's expertise is ideally suited to lead Financeware's expansion in the data and wealth management segments." Mr. Dolan was most recently the Head of Fidelity Corporate Actions Solutions, a wholly-owned subsidiary of Fidelity Investments that provides corporate actions data and workflow solutions to financial services organizations. During his tenure, Mr. Dolan was responsible for architecting and leading the execution of the company's strategy and running its daily operations, and was instrumental in driving its success and growth. Prior to this, he held senior roles in Fidelity's Clearing and Custody business supporting the Broker Dealer and Registered Investment Advisor client base, including the creation of Fidelity Clearing Canada in Toronto. "I am thrilled to have the opportunity to help drive Financeware through the next phase of its evolution as a significant provider of technology and services across the financial data and wealth management sectors," said Dolan. "I've known VMS for a long time as a key data provider to the industry. Then, as I learned more about Financeware's three businesses – each with a significant data and technology underpinning complemented by value-added services for workflow automation including front, middle, and back office outsourcing services – I immediately understood and was excited by the potential for the Financeware platform. These capabilities, along with the strength of the leadership team and Board is a powerful combination, and I believe Financeware is well positioned to become an even bigger provider of data and wealth management services." Financeware's growing portfolio includes three business units:   QUODD  provides financial market data and information analysis tools to the financial services industry, Wealthcare  is a registered investment advisor that differentiates its wealth management offering through its innovative, goals-based experiences generated by the business' proprietary advisor-focused GDX360 platform; and VMS  provides financial processing and account aggregation technology solutions for the wealth management and retirement space. About Financeware
Financeware is the industry's leading fintech platform company focused on driving strategic growth and expansion of innovative companies across the new wealth management space. Established by NewSpring Holdings in 2018, Financeware was born of a need to connect winning solution sets to the fast-moving targets, partners and market relationships playing out across the entire wealth management sector. With a deep history of game-changing wins driven by broad and deep market leadership, the group drives strategic growth of portfolio companies focused in key areas of wealth management, financial advisory, and data management. Financeware's growing portfolio includes Wealthcare, VMS and QUODD. Learn more at www.financeware.com . About NewSpring Holdings
NewSpring Holdings, the dedicated, diversified holding company within NewSpring, with a strategy focused on control buyouts and platform builds, brings a wealth of knowledge, experience, and resources to take profitable, growing companies to the next level through acquisitions and proven organic methodologies. Founded in 1999, NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages approximately $1.8 billion across four distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries. Visit NewSpring at  www.newspringcapital.com . SOURCE Financeware

Financeware Appoints William Dolan as CEO to Drive its Data and Wealth Management Strategy

Financeware adds key asset to its comprehensive, cutting-edge fintech      platform servicing the wealth management industry
March 05, 2019 08:00 AM Eastern Standard Time
WEST CHESTER, Pa.--( BUSINESS WIRE )-- Financeware ,      a leading wealth management fintech platform and NewSpring Holdings      company, today announced it has expanded the breadth of its portfolio      with the acquisition of QUODD      Financial Information Services , a leading provider of financial      market data and information analysis tools for the wealth management      industry. The acquisition reinforces Financeware’s commitment to      actively identifying and acquiring top innovative and complementary      companies across the wealth space. QUODD aggregates, manages, and streams a holistic set of real-time      market data sourced from all North American exchanges. QUODD’s      real-time, interactive data workstation is equipped with robust tools      that enable wealth managers to easily analyze market data to derive and      capitalize on market insights. In addition, QUODD’s data offering can be      seamlessly integrated directly into a wealth management firm’s existing      technology applications, including other third-party software. This      gives firms cost-effective, flexible access to market information they      can use to make better investment decisions on behalf of their clients. “In today’s increasingly data-driven and hyper-competitive world, wealth      managers need access to real-time, accurate, and actionable market data      that doesn’t break the bank," said Kevin Rafferty, CEO of Financeware. “This macro trend is consistent with our mission. Financeware is      committed to expanding our portfolio of offerings to provide innovative      solutions to the wealth management industry at an attractive price      point. QUODD’s ability to deliver easy-to-integrate, cost-effective      market data solutions makes them a perfect fit for our strategy.”
QUODD will be combined with the data offering of VMS ,      another Financeware business unit that delivers smart data and      information flows in a single, streamlined format. Together, QUODD and      VMS Data will provide an extensive set of comprehensive data solutions      for the wealth management industry spanning multiple asset classes and      delivery channels. “The QUODD organization is extremely excited to become part of      Financeware and collectively, in tandem with VMS Data, we will possess      an impressive array of capabilities across the data space,” said Dennis      Cassidy, President of QUODD Financial Information Services. “Not only      will we be delivering direct data feeds to our clients, we will also      offer a normalized data feed across all asset classes. In addition, as      part of our future initiatives, we will be expanding into global      markets, allowing us to provide our clients with an even wider choice of      products and services from a broader array of vendors. Lastly, we will      remain focused on our commitment to provide our clients with      state-of-the-art and affordable market data offerings.”
About Financeware
Financeware is the industry’s leading fintech platform company focused      on driving strategic growth and expansion of innovative companies across      the new wealth management space. Established by NewSpring Holdings in      2018, Financeware was born of a need to connect winning solution sets to      the fast-moving targets, partners and market relationships playing out      across the entire wealth management sector. With a deep history of      game-changing wins driven by broad and deep market leadership, the group      drives strategic growth of portfolio companies focused in key areas of      wealth management, financial advisory, and data management. Financeware’s growing portfolio includes Wealthcare, VMS and QUODD. Learn more at www.financeware.com . About NewSpring Holdings LLC
NewSpring Holdings, the dedicated, diversified holding company within      NewSpring, with a strategy focused on control buyouts and platform      builds, brings a wealth of knowledge, experience, and resources to take      profitable, growing companies to the next level through acquisitions and      proven organic methodologies. Founded in 1999, NewSpring partners with      the innovators, makers, and operators of high-performing companies in      dynamic industries to catalyze new growth and seize compelling      opportunities. The Firm manages approximately $1.7 billion across four      distinct strategies covering the spectrum from growth equity and control      buyouts to mezzanine debt. Partnering with management teams to help      develop their businesses into market leaders, NewSpring identifies      opportunities and builds relationships using its network of industry      leaders and influencers across a wide array of operational areas and      industries. Visit NewSpring at  www.newspringcapital.com . About QUODD Financial Information Services
QUODD Financial Information Services provides a real-time data      management solution poised to revolutionize the integration, delivery      and use of live data. The company's solution is based on a proprietary      platform technology which allows an enterprise complete flexibility in      content selection as well as customized delivery with personalization      down to the seat level (a radical improvement over existing rigid data      solutions that force all enterprises to accept a standard delivery      format and defined data set). Furthermore, because QUODD's platform      seamlessly integrates all third party market data within a company's own      internal systems/databases, and the entire solution is      centrally-managed, it eliminates the need for company resources, thus      significantly decreasing the data management costs across an enterprise. The flexibility of QUODD’s data feeds cover all asset classes in North      America and soon will include global markets as well. Learn more at      QUODD.com.

Financeware Acquires Market Data Provider QUODD

Akshay Software Technologies Limited, incorporated in June 1987 is one of an Indian IT services company catering to the needs of corporate bodies, banks and financial Institutions in India and UAE. The company provides professional services to support the internal capabilities of IT departments of large organisations by providing the right resources at the right time.

Akshay Software Technologies

Akshay 's Service Bureau , offered in partnership with Financeware , currently has a primary data center location at the QTS with its contingency data center provided by Telef nica in S o Paulo , Brazil .

Akshay to Offer Global Customer Base Greater Redundancy, Business Continuity through QTS Expansion.

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A category of financial technology that is digitizing & streamlining the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors. 

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Financeware is a fintech platform company focused on driving growth and expansion of companies across the wealth management space.

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