US FINTECH

United States Financial Technology

  • Home
    • Download Android App Directly to Your Tablet or Phone
  • Featured
  • Research
  • Investments
  • Innovations
  • Events
  • People

Private Client Resources Taps Seasoned FinTech CEO As Vice Chairman and Strategic Advisor

July 28, 2016 by US Fintech

WILTON, Conn., July 28, 2016 — Private Client Resources (PCR), the leader in wealth data aggregation and reporting for Private Banks, RIAs and Family Offices, is pleased to announce that Bob Miller, Founder and former CEO of CorrectNet and a pioneer in the web-based delivery of consolidated investment data, has joined the firm as its Vice Chairman and Strategic Advisor.

According to Robert Fiore, President and CEO of PCR, “Over the past seven months, Bob and I have worked closely together with management to shape the vision for a new PCR. His knowledge of the market, expertise and process for delivering a world-class enterprise solution are driving broad adoption of PCR services. Over the next 18 months, we plan to double the assets we aggregate for advisors and their ultra-high-net-worth clients.”

As founder and CEO of four FinTech companies, Mr. Miller has a long history delivering managed solutions to the financial services industry. His most recent company, CorrectNet, was a venture capital backed provider of aggregation and reporting for Institutional Asset Managers, Prime Brokers and Hedge Fund Administrators. CorrectNet was sold a few years ago after achieving impressive growth post the financial crisis (the firm was recently sold again to Markit). CorrectNet’s clients included 16 of the top 25 global investment firms.

In a recent interview, Bob summarized the company’s value proposition, “PCR is the only—yes, only—company that has mastered the nuances of aggregating a total wealth view of the complex investments of ultra-high-net-worth families. These accounts include illiquid, hard to aggregate assets and liabilities that are extremely difficult to make analytics-grade data from. The company’s services are a must have for advisors striving to provide the best possible advice to their ultra-high-net-worth families who’s portfolios often include 30-60% of these types of investments. I am extremely pleased to be part of the team and to help bring these services to a broader market.”

For more than a decade, PCR has provided an outsourced reporting solution to private clients. At the core of the company’s success was the ability to bring together very complex data for advisors and their clients. Over the past 12 months, PCR has expanded their traditional reporting offering and now offers data as a service, new mobile client communication capabilities, enrollment automation tools and the ability to access data via APIs.

“PCR was born from family offices and has developed capabilities specific to their unique and continuously evolving needs. Bob joins us with a demonstrated passion for delivering value and a focused approach to serving wealth management markets. The combination will continue to place PCR at the center of how wealthy families and their advisors collaborate in an ever-changing relationship,” said Josh Fidler, Chairman of PCR.

About Private Client Resources

PCR is the leading aggregator of total wealth data for ultra-high-net-worth families. The Company uses a unique process significantly more secure than typical “screen scrape” technologies that rely on clients sharing their usernames and passwords. PCR helps Private Banks, RIAs and Family Offices better serve their clients with a consolidation of both electronic and difficult-to-acquire manual statement-based accounts. This enriched information is made available as analytics-ready data at an accuracy of 99.86%. PCR supports an architecture of self-serve data feeds, open APIs, web and mobile communication tools, and comprehensive client report packages.

http://www.pcrinsights.com

 

SOURCE Private Client Resources

Related posts:

  1. Vanare Taps Tech Industry Veteran as Head of Product
  2. PINTEC Announces Launch of Robo-advisor XUANJI
  3. Fintech Start-Up NeoGrowth Raises Its Largest Equity Round to Support Credit Access for Entrepreneurs in India
  4. Silver Management and FinTech Studios Join Forces to Provide Enterprise-Class Investment Services Solutions in the Cloud

Filed Under: People Photowire

U.S. National Debt

$UNAVAILABLE
There was a problem fetching the data, please try again later.

Fintech Innovations

Worldcore Payment Institution Launches Groundbreaking Affiliate Program

Worldcore Payment Institution Launches Groundbreaking Affiliate Program

August 15, 2016

Upon signing up for a Worldcore account, account holders fill out a short application and, once approved, are assigned a custom affiliate link, which is used to track new client signings. Worldcore Affiliate Program members will also be paid for each high-value client they enroll in Worldcore payment platform. Social Media Marketers also stand to make money based on social interactions.

Pactera Launches Innoveo Skye Insurance Innovation Suite Solution for Combined Insurance

Pactera Launches Innoveo Skye Insurance Innovation Suite Solution for Combined Insurance

August 15, 2016

Innoveo Skye® is a multi-channel web-based software that enhances the way insurance companies bring products to market with dynamic configuration of insurance products, processes and distribution channels. Combined Insurance is a leading provider of supplemental accident, disability, health and life insurance products, and is a Chubb company.

FEXCO & ENCASH Partner to Launch EasyDebit Solution in the Philippines

FEXCO & ENCASH Partner to Launch EasyDebit Solution in the Philippines

August 15, 2016

The Philippines is a cash-centric culture where more than 95% of all transactions are completed with the Peso in hand. The national ATM penetration rate of 23% is significantly lower than the global average (over 70%). There are less than 19,000 ATMs for over 100 million people in the country and the local ATM can often be a bus or ferry journey away.

Silvervine Software and Elafris Join Forces

Silvervine Software and Elafris Join Forces

August 15, 2016

Silvervine Software has chosen Elafris as the chatbot messaging platform for its insurance software solution suite. Silverware Software clients will be able to use chatbots, powered by artificial intelligence, to collect payments, suggest supplemental products, and provide claim services in most venues including Facebook Messenger, Snapchat and Skype.

Slingshot Insights Partners with Seeking Alpha to Bring Transparency to Expert Research

Slingshot Insights Partners with Seeking Alpha to Bring Transparency to Expert Research

August 3, 2016

Expert calls and management meetings are just some of the tools that professional portfolio managers have utilized for decades to quickly get insights on market moving news. Spending over $600m annually in 2015 on this type of research, financial institutions are able to intelligently invest in a broad range of companies using expert knowledge. By grouping members together, Slingshot similarly empowers individual investors with access to these same experts at a fraction of the cost.

Unmasking Bitcoin Identities: The next level of thwarting illicit activity on the blockchain has arrived

Unmasking Bitcoin Identities: The next level of thwarting illicit activity on the blockchain has arrived

August 3, 2016

LexisNexis Risk Solutions, the global big data, technology and analytics firm, has teamed with Elliptic, a blockchain intelligence company, to promote the ubiquitous adoption of Bitcoin and other virtual currencies by exposing money launderers, human traffickers, terrorists, and drug dealers who use Bitcoin to make dark web purchases.

NextAngles Launches Cognitive Regulatory Compliance Solution for Banking Industry

NextAngles Launches Cognitive Regulatory Compliance Solution for Banking Industry

July 26, 2016

NextAngles has launched a fintech solutions suite for financial institutions that includes: Anti-Money Laundering (AML) Alert Investigation, Trade-Based Money Laundering (TBML) Alert Generation and Investigation, Know Your Customer (KYC), Financial Crimes Investigation, and Liquidity Risk Management.

© 2016 USFINTECH.com · All rights reserved · Privacy · Terms of Service