Chicago, IL – May 17, 2012Press Release
Schwab Announces Envestnet | Tamarac™ as Selected Participant in Schwab Intelligent Integration™As part of the ongoing initiative to integrate with leading platforms serving independent investment advisors, Schwab announced today that Tamarac, a division of Envestnet, Inc., has been selected for participation in Schwab Intelligent Integration™. This integration will allow for real-time custody data from Schwab Advisor Services to be available within the Tamarac Xi web-based platforms Advisor CRM® and Advisor View®.
"This marks another important milestone in our effort to work with leading platforms to provide high quality integrations that have a meaningful impact on the work that independent investment advisors do every day," said Neesha Hathi, vice president of technology solutions for Schwab Advisor Services. "We have a long relationship with Tamarac, including their licensing of Schwab Performance Technologies' PortfolioCenter®, and we look forward to the additional benefits we will be able to provide to clients."
"Integrating Tamarac Advisor CRM and our performance reporting, portal and billing application, Advisor View, with Schwab Intelligent Integration is a perfect complement of customer management, portfolio management and custodial technologies," said Stuart DePina, Group President of Envestnet | Tamarac. "Advisors using the comprehensive solution will see dramatic gains in their ability to service their clients and scale their businesses more profitably."
As part of its platform, Tamarac employs a customized version of Microsoft Dynamics® CRM. Tamarac will be the second provider using Microsoft CRM to become part of Schwab Intelligent Integration. The first, Salentica, is currently in beta and is expected to enter pilot this summer.
Schwab announced general availability of two other integrations with leading CRM providers in February. More Press Releases Schedule a Demo