Financial Accounting Software

Boulder and Colorado Springs, CO (PRWEB) January 20, 2008 - Chartwell Partners Asset Management has launched another folio, called the Global Innovation 30 Folio.

The folio is based on Business Week’s annual feature, The Most Innovative Companies Rankings, which is a collaborative effort with the Boston Consulting Group. The Chartwell Global 30 Innovation folio is managed by Chartwell on FOLIOfn’s online brokerage platform.

The rankings of the top fifty companies are determined through a survey that is sent to the top ten executives at 1,500 largest companies in the world asking them to name the most innovative company outside their own industry group.

There are some surprises on the 2007 list, including four new companies in the top 25 - Disney, Boeing, Genentech, and Cisco Systems. On the other hand, Dell fell from #14 to #22 and 3M fell from # 3 to # 7.

In building and managing the Global Innovation 30 Folio, Chartwell uses a value approach to select 30 publicly-traded companies from the 50 companies in the rankings and then weights them equally in the folio. Currently, nine of the thirty companies in the Global Innovation 30 Folio are headquartered outside of the United States.

“Innovation drives sustained growth and should lead over time to superior returns for the global companies in the Chartwell Global Innovation 30 Folio”, said Carl Delfeld, Managing Director of Chartwell Partners. In addition, Delfeld explained that FOLIOfn was the ideal platform for the folio since it “offers the ability to buy and sell in fractional shares and allows for the rebalancing of the folio in a single, low-cost transaction.”

Greg Vigrass, President of FOLIOfn Institutional, commented, “The Chartwell Global Innovation 30 Folio makes excellent use of the versatility and power of the FOLIOfn platform. We are pleased that Chartwell has launched this innovative new investment product and look forward to the continued success of their offering.”

The Global Innovation 30 Folio will join the other folios that are available to investors through Chartwell Partners on the FOLIOfn platform.
These are the:

Core Conservative ETFfolio
Fixed Income ETFfolio
Global Dividend/Income ETFfolio
World Economic Freedom ETFfolio
Country Rotation ETFfolio
Momentum Country Rotation ETFfolio
Value Country Rotation ETFfolio
Global Sector Rotation ETFfolio
Global Growth ETFfolio
Emerging Markets ETFfolio
Asia-Pacific ETFfolio
China Strategy ETFfolio
Global Long/Short Strategy ETFfolio

Chartwell uses these folios as building blocks to develop custom global portfolios for investors using a core/satellite strategy. The ETFfolios are also available to investment advisors on a sub-advisory basis. Delfeld is a columnist for Forbes Asia, editor of ChartwellETF.com and author of “Think Global, Grow Rich”, “The New Global Investor” and “ETF Investing Around the World”.

New York, NY (PRWEB) February 22, 2008 — Xtiva Financial Systems, a leading provider of enterprise compensation solutions for the brokerage industry today announced that Legent Clearing of Omaha, Nebraska has formed a marketing alliance with Xtiva. This alliance will enable Legent correspondents to receive preferred pricing for Xtiva’s sales compensation system solutions.

“Once we saw the success that two of our correspondents were having with Xtiva’s system, we were confident that our other clients would be interested in achieving similar results,” said Ray Maratea, Executive Vice President of Sales for Legent Clearing. “Our mission is to provide our clients with the best technology solutions so they can maximize their operational effectiveness. Xtiva’s solutions have been proven at over 100 client installations to do just that.”

“Our business development strategy has always been to partner with the top clearing firms to enable us to provide the maximum value to their fully-disclosed correspondents. Legent has proven that they have a platform that correspondents want, and they have been great to work with as we have developed the integration points for our solutions.” said Thomas Moysak, Vice President of Sales and Business Development, Xtiva Financial Systems. “Forming this alliance will help us deploy our compensation solutions to Legent clients at a better price point and more effectively, reducing total cost of ownership for the correspondents.”

The Xtiva suite provides full support for commission and compensation planning, back-office operations and reporting. Key benefits of the Xtiva suite include:

- Consolidation - clients gain command of all key business data in one accessible and extensible data mart;
- Flexibility - Easy modeling of unlimited payout, fee, and bonus structures to support the evolving business needs of a brokerage firm;
- Efficiency - Streamlined back-office processing and automation of processing for all types of data feeds
- Business visibility - Enterprise production reporting, including management-level reporting, agent/rep, branch, account, products, etc.

About Xtiva Financial Systems
Xtiva Financial Systems is a leading provider of enterprise compensation Software as a Service (SaaS) 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 compensation and production reporting to supervision of rep licensing and compliance issues. With over 100 clients and key industry alliances, Xtiva is the leading provider of sales compensation solutions to the brokerage industry.

Xtiva’s clients include AXA Advisors, H&R Block Financial Advisors, Mutual of Omaha Investor Services, New England Securities, Northern Trust, UBS, and Walnut Street Securities. Xtiva’s partners include: Bear Stearns, Dain Correspondent Services, First Clearing, National Financial Services, Ridge Clearing, Investigo, and PriceMetrix.

About Legent Clearing
Legent Clearing is a leading independent provider of correspondent clearing services. Since its founding in 2002, Legent has grown rapidly as a result of its unique combination of independence, best-of-breed technology and ability to offer customized solutions. Legent provides access to investment products such as equities, mutual funds, foreign securities, fixed income investments, prime brokerage, options, annuities, DVP/RVP and WRAP accounts through a variety of online tools and platforms. Legent Clearing, a wholly owned subsidiary of Legent Group, is headquartered in Omaha, Nebraska.

San Ramon, CA (PRWEB) February 23, 2008 — Premiere privately held mortgage companies have formed an affiliation to become one of California’s largest retail mortgage lending organizations. BWC Mortgage Services and StoneCastle, Land & Home Financial announced today they have joined forces with annual loan origination volume exceeding $2,000,000,000. Additionally, Paragon Mortgage Bankers (Alamo), the former Concord California branch of All California Mortgage and Bay Area Funding Group, the lending division of Remax Accord, a local real estate powerhouse with over 400 Realtors® in eight offices have also joined forces with BWC Mortgage Services.

BWC Mortgage Services (began in 1994 and formerly a division of the Bank of Walnut Creek) provides mortgage banking, FHA lending capabilities, multi-state licensing and industry leading technology. StoneCastle contributes extensive experience and quality loan volume, which when combined with BWC will result in superior lending options and pricing for consumers.

“With the passage of the federal economic stimulus package and the likelihood of conforming loan limits being raised substantially in California, we are forecasting a great year to deliver quality real estate financing solutions to consumers, builders and Realtors®,” said Richard Fahey, StoneCastle CEO.

“Borrowers benefit with expanded loan options and better pricing and that’s a win-win for our clients and employees. BWC remains at the forefront of the lending industry and we are thrilled to be affiliated with such outstanding organizations,” said Scott Simonich, CEO of BWC.

BWC Mortgage Services now operates with over 200 Loan Agents in 21 branches. BWC is a direct lender and is approved by the Federal Housing Administration. The company maintains an active membership in CAMB, California Association of Mortgage Brokers, which acts as consumer advocacy group promoting responsibility and best business practices among the lending community