Albridge Solutions, an industry leader in enterprise data management (EDM), web-based portfolio accounting and performance reporting, received the top ranking among providers supporting the high-net-worth market segment in the wealth management data consolidation solutions report published this week by Celent. The report compared five leading data consolidation solutions in the North American market. In addition to its market leading position in the high-net-worth segment, the Celent report gave high marks to Albridge for breadth of functionality and advanced features. The reported also cited the quality of Albridge’s data sources as a key factor that distinguished its technology from the solution providers covered in the study.
“Albridge’s top ranking in Celent’s wealth management study reflects our focus on providing the comprehensive, consolidated portfolio performance reporting that high-net-worth clients have come to expect from their advisors,” says Greg Pacholski, president and CEO of Albridge. “Recent studies show that only 1 in 5 high-net-worth families are receiving the comprehensive financial planning they need. We are committed to continuously improving the service we provide, and to delivering enterprise data management and wealth reporting solutions that enable financial services firms and their advisors to address this growing client need.”