InvestCloud, Inc, a provider of cloud-based front, middle and back office solutions focused on digitizing customer experiences and internal operations for global investment advisors, today announced a partnership with Chicago Clearing Corp., (CCC), a class-action claims recovery specialist. The partnership will deliver a technology solution for financial institutions to manage, file, and recover funds in securities class action settlements. Financial advisors within the InvestCloud universe will now have a turnkey solution that increases value to clients by streamlining the settlement process from beginning to end.
Today, most financial advisors rely on mailings or hard-to-track industry communications just to stay informed of existing settlements. Claim filing itself requires a significant amount of paperwork filing on behalf of the Advisor and/or client. InvestCloud’s customized Chicago Clearing Corp Applet will dramatically simplify this notoriously difficult process.
“InvestCloud has built an easily deployable and scalable first-class investment platform for every professional investment manager or financial institution. By partnering with Chicago Clearing Corp we are increasing our user experience and continuing to support our ongoing effort to improve advisor efficiency,” said John Wise, chairman and CEO of InvestCloud, Inc. “The partnership with Chicago Clearing Corp is yet another example of how we’re helping advisors to grow and achieve great results for their clients, while equipping them to become leaders in the industry.”
Read more by clicking here.
Family Wealth Report spoke to John Wise, CEO at InvestCloud, about why he launched the firm, which markets he wants to push into next year, and other long-term industry trends.
Here, Wise goes into a little more detail about his career and the recent cash injection from FTV Capital, which was founded in 1998 as FTVentures. Click here to read more on Wise’s interview with Elaine Chavagnon, Editor of Family Wealth Report.
If you would like to learn more about InvestCloud’s offerings, visit us at www.investcloud.com or click here to get in touch.