News and Updates
Panoramix™ Now Reports on $10 Billion in Assets Under Management (AUM) for RIAs
Innovative performance reporting and billing technology platform experiencing growing momentum in the independent RIA marketplace
EAGAN, MN. January 28, 2019. Panoramix™ an innovative advisor technology platform, announced today that the company has passed the $10 billion milestone for assets on the Panoramix platform. In only its third full year in business, Panoramix is becoming a go-to choice for independent RIAs to meet their performance reporting and billing needs.
“We are extremely pleased and honored to be working with some of the best advisors in the country, supporting them with our purpose-built technology to meet their unique needs,” said Chris Hastings, CEO of Panoramix. “Powered by our innovative Sapphire Data Engine, we are able to provide a tremendous value to advisors with comprehensive functionality, multiple custodial and third-party integrations in a native Cloud application, all at an affordable cost.”
Panoramix’s success has been attributable to advisory firms moving away from overly-complicated, burdensome portfolio management systems that can cost upwards of hundreds of thousands of dollars a year. Meanwhile, Panoramix is able to leverage an innovative approach to data management through optimized algorithms, AI and automated workflows to be able to provide what advisors need at a fraction of the cost.
Panoramix’s approach to performance reporting and billing has been the subject of its latest practice management resources in the form of high impact white papers that provide valuable insight from Panoramix’s experience as technologists and practice management experts. Panoramix’s flagship paper on the high cost of performance reporting was the subject of numerous industry articles, as well as being named a finalist in wealthmanagement.com’s prestigious Industry Awards for technology thought leadership.
“We are very excited with the industry’s response to Panoramix and are thrilled and honored to have our technology solutions validated by achieving this tremendous milestone of $10 billion on the platform,” said Hastings. “We will continue to invest in our technology and services for advisors to help them better manage their businesses as we look to cross the next $10 billion in assets.”
Panoramix will be exhibiting and demonstrating the latest features and functionality at the upcoming Technology Tools for Today (T3) Conference January 29 – February 1, 2019 in Dallas, TX, as well as at the TD Ameritrade Institutional LINC conference in San Diego, CA February 6-9. 2019.
Sapphire Software Services inc., a custom software and business-to-business automation company founded in 2003, developed Panoramix® for financial advisors in 2013 and completes 16 planned releases per year to the product. Sapphire brings business applications to the web, provides consulting services with the best vendors and partnerships, and offers professional development capabilities to automate business processes. Sapphire specializes in business application software development for companies in the financial services sector. Panoramix, its award-winning flagship software tool for portfolio management for financial advisors, focuses on providing multi-custodial performance reporting and client billing, with a wide-ranging additional feature set. Sapphire markets under the name Panoramix Financial. For more information on Panoramix connect with us at www.panoramixfinancial.com.
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