Turnkey Advisor Desktop announced by NorthStar

NorthStar Systems International on Monday unveiled Turnkey Advisor Desktop Solution. The TADS system is aimed at turnkey asset management providers, service providers and other wealth management firms that service the registered investment adviser market, as well as advisers affiliated with regional and community banks. TADS is software as a service – that is, NorthStar hosts the program itself rather than installing it on a customer's server. Clients access the software remotely using a Web browser. The program, which can be private labeled, is intended to replicate the level of functionality and breadth of products and services that is available to advisers at major wirehouses and private banks. NorthStar says TADS can be integrated with core applications offered by TAMPS, including overlay management, transaction processing, manager selection, or custodial operations. NorthStar's technology is already used by a number of broker-dealers and custodians, including BlackRock Inc., Legg Mason Inc., Merrill Lynch & Co. Inc. PNC Financial Services Group Inc. and Schwab Institutional. For more information specific to TADS visit NorthStar page on the system, for more general information visit the company's homepage.