External IT puts Junxure on its virtual desktops

Partnership aims at getting business from advisers who want to integrate their systems.
AUG 19, 2014
External IT has added the office-management software offered by Junxure to the applications it can include within the cloud-based virtual desktops it creates for advisers. Those using both the External IT cloud system and the software from Junxure, best known for customer relationship management, would log in once from any computer or mobile device and be able to move seamlessly among their documents, CRM, e-mail, calendar and other systems, the firms said. “The market is demanding that all applications and components of an RIA's business model be fully integrated,” said Sam Attias, vice president of External IT's financial services practice. Financial advisers are finding that by integrating their separate technology systems they can create more efficient workflows and boost the profitability and growth of their firms. Some also are moving to cloud-based storage and management of data to boost efficiencies and make new applications available to clients. External IT already hosts more than 2,000 applications for different industries as part of its cloud-based computing offering. Pricing for External IT starts at $143 per user per month, or $1,716 per user per year, for access from mobile devices to cloud-based apps and data. The firms report that many External IT clients already are using Junxure. Greg Friedman, Junxure's chief executive, said External IT's virtual platform will be a good solution for its customers who want their “key applications hosted by a quality company.”

Latest News

Trump greenlights alternative investments in 401(k) accounts – Industry reacts
Trump greenlights alternative investments in 401(k) accounts – Industry reacts

The president signed an executive order late Thursday which he says will broaden choice

After Muni bond fund blow up, broker-dealers Osaic and Stifel Nicolaus face questions
After Muni bond fund blow up, broker-dealers Osaic and Stifel Nicolaus face questions

Plaintiff's lawyers are eying both broker-dealers for potential client complaints.

Retail investors split on AI's place in financial advice
Retail investors split on AI's place in financial advice

Survey research reveals just three-tenths trust AI-generated recommendations, bolstering the case for lasting human relationships with advisors.

Advyzon and SS&C roll out wealth tech platform updates for advisors
Advyzon and SS&C roll out wealth tech platform updates for advisors

Advyzon has launched a new hub for professionally managed model portfolios, while SS&C unveiled a unified suite of wealth solutions under the Black Diamond banner.

Barred investment advisor, former CNBC pundit sentenced to five years for fraud
Barred investment advisor, former CNBC pundit sentenced to five years for fraud

Former LA-based advisor James Arthur McDonald Jr. is facing federal prison time for defrauding investors out millions of dollars in a Ponzi-like scheme after a failed anti-America bet.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.