Tech Bits

This week: Version 6.0 of CNG-SAFE, Laserfiche Compliance and a partnership between InvestEdge and Evare.
JAN 11, 2008
By  Bloomberg
Version 6.0 of CNG-SAFE CNG-SAFE: Unspool the acronym and you get Cabinet’s next generation safe access filing environment. This just-released updated version of Cabinet NG Inc’s flagship document management system is meant to meet advisers’ increased concerns for regulatory compliance and data protection. The product offers enhanced security, a new user interface and simplified integration with most Windows-based software, including Advisor’s Assistant, ACT!, LaserApp, Junxure, Outlook and Qube among others. The update provides stronger authentication of users and more-in-depth control over access rights down to the file level, as well as document-level tracking features. The base price for a typical small-office adviser system is $2,500, which includes one server license, two user licenses, a license for CNG-Books (a co-branded QuickBooks interface often used as a back-office tool) and four hours of help with installation, configuration and training. For more information go to cabinetng.com. Laserfiche Compliance While some (like me) might assume it’s software based on the ‘toolkit’ label placed on it in a press release, the just-published Laserfiche white paper entitled “Countering Compliance Confusion” could nonetheless prove useful to advisers or firms that have not yet embarked on their journey toward a paperless office. While this 22-page document is marketing, there’s some genuinely useful advice inside including a four-page worksheet that you can use and expand as a starting point for a document management plan, as well as a two-page appendix written by an attorney on the subject of advisor electronic recordkeeping. To access the paper/toolkit head over to laserfiche.com. InvestEdge and Evare form alliance Thanks to a partnership announced this week between the companies, adviser firms using the InvestEdge ASP platform should soon have access to reconciled, report-ready client data from virtually any custodian via Evare’s data aggregation service. In a nutshell this will give advisers using the InvestEdge platform better access to data on assets not held by their firm, thus allowing them to give their investor clients a more well-rounded sense of their entire portfolio. For more information and actual availability visit investedge.com and evare.com .

Latest News

SEC bars ex-broker who sold clients phony private equity fund
SEC bars ex-broker who sold clients phony private equity fund

Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.

The key to attracting and retaining the next generation of advisors? Client-focused training
The key to attracting and retaining the next generation of advisors? Client-focused training

From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.

Chuck Roberts, ex-star at Stifel, barred from the securities industry
Chuck Roberts, ex-star at Stifel, barred from the securities industry

"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.

SEC to weigh ‘innovation exception’ tied to crypto, Atkins says
SEC to weigh ‘innovation exception’ tied to crypto, Atkins says

Chair also praised the passage of stablecoin legislation this week.

Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest
Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest

Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.

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.