Posts tagged with 'Product Announcements'

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Introducing Compliance Cloud

Today, we’re excited to announce an entirely new product, targeted at the broker-dealers and corporate RIAs we work with: Riskalyze Compliance Cloud. Here’s the press announcement from this morning.

Riskalyze Launches Game Changing “Compliance Cloud” Big Data Platform
New Technology Will Spot Compliance Problems…Before Regulators Do

Auburn, California – Riskalyze, which was named one of the world’s ten most innovative companies in finance by Fast Company Magazine, today announced the launch of a revolutionary new big data platform called Compliance Cloud, designed to help large wealth management institutions sift through their data, spot issues before they become problems, and uphold their compliance obligations.

Compliance and supervision teams at broker-dealers and large registered investment advisory (RIA) firms can easily connect the existing account data feeds from their custodians, clearing firms or aggregation providers. Compliance Cloud recalculates the risk across millions of client holdings every night, indexes the results, and delivers a Google-like ability to search the accounts for potential problems.

Compliance Cloud helps these firms find accounts with inappropriate investments for their investment objective; with concentrated positions; with high-risk positions; with excessive cash; with periods of inactivity, and more. Searches can be sliced by client, advisor, balance, risk level and more. Case management and resolution workflow for compliance and supervision teams is built in.

“Our broker-dealer and RIA partners have a missile aimed at the heart of their operations: mounting audits, SEC demands for risk-based compliance assessment and FINRA’s effort to find enforcement targets with CARDS,” said Riskalyze CEO Aaron Klein. “Fortunately, with Compliance Cloud, the era of the ‘random account spot-check’ is officially over.”

While many broker-dealers and RIAs have successfully adapted to ever-tightening regulations, 2015’s deployment of FINRA’s Comprehensive Automated Risk Data System (“CARDS”) initiative will open a new era of scrutiny that broker-dealers must be prepared for. In addition, the SEC is telling firms of all stripes that they need a risk-based assessment of their accounts to uphold their obligations.

“Broker-dealers need to know what CARDS is going to tell FINRA next year, but they also need to change the outcome before CARDS goes live,” said Michael McDaniel, Chief Investment Officer at Riskalyze. “Compliance Cloud will prepare these firms to walk into next year’s FINRA and SEC audits with thousands of documented cases of proactive problem resolution.”

Riskalyze also announced Orion Advisor Services as the premier launch partner for Compliance Cloud. Large RIAs who use Orion can seamlessly implement the product with almost zero data feed setup work required. Orion will make Compliance Cloud available directly to its large RIA clients through its extensive nationwide sales team.

“At Orion, we know a thing or two about revolutionary technology that helps advisors enjoy their business again, and Compliance Cloud is a game-changing tool for the large RIA clients that we serve,” said Orion CEO Eric Clarke. “We’re pleased to make Compliance Cloud available as a seamless addition to the portfolio accounting systems that our advisors rely on.”

Compliance Cloud is available to qualified broker-dealer and RIA firms today, and Riskalyze is currently booking new implementations in October.

Riskalyze is the company that invented the Risk Number™ and was named as one of the world’s ten most innovative companies in finance by Fast Company Magazine. Riskalyze works with RIAs, hybrid advisors, independent broker-dealers, custodians, clearing firms and asset managers to align the world’s investments with investor risk tolerance. To learn more, visit or email

Model Portfolios —> Templates

To lay the groundwork for some upgrades we’re planning for the near future, we’re renaming “Model Portfolios” as “Templates” in Riskalyze, starting today.

Why, you ask?

Well, we’ve found at least three competing definitions of model portfolios used by the advisors and asset managers we work with. Many advisors think models are a “starting template” for building a client portfolio; others think models are an allocation you religiously rebalance clients into; and many asset managers use “model” as the word for their strategy or fund.

So for the sake of clarity, “Model Portfolios” and “Draft Models” are now simply “Templates” and “Drafts” in Riskalyze. You should see this change take effect across the system over the next few days.

If you have any questions, never hesitate to let us know!

Making Portfolios Faster, Smarter and More Flexible

Today, we’re excited to launch a big upgrade to Riskalyze that has been months in the making: a faster, smarter and more flexible Portfolios tool.

Frankly, some of our advisors will be shocked that any upgrade was needed, but an equal number of them have had to deal with some cumbersome and slow workarounds to handle the diverse situations that clients can throw their way. We’re confident both groups of advisors are going to love this upgrade!

Here’s how the new Portfolios is faster, smarter and more flexible.

  • Multiple Accounts. Split portfolios into multiple accounts, import one account at a time from different custodians, and manage SMAs and VAs with a click.
  • Separately Managed Accounts and Variable Annuities. We’re adding 10,000 third party money managers and 130,000 VA subaccounts to Riskalyze. This will be a free upgrade for all of our existing customers at the time of release.
  • Notifications for Young Investments. As we’ve always said, it’s tough to be sure you’ve nailed all of the downside risk of an investment that’s never seen a true bear market. A simple icon lets you see those — and set a proxy if you want.
  • Better Search. Don’t remember the symbol? Search for stocks, ETFs, mutual funds, VAs, SMAs and more by name. Just type what you’re looking for into the “add investment” box at the bottom of each account.
  • Flexible Optimizer. Using the optimizer tool isn’t an all-or-nothing deal any more. When you click on Optimize, you can select which investments you want to optimize against each other, and review the results. It’s easy to either save the results, or undo them and roll back to the portfolio’s prior allocations.
  • Amazing Stress Tests. An all-new stress testing engine offers a simple and beautiful look at how a portfolio might have performed during key market events, like the 2008-09 financial crisis or the 2013 bull market.
  • Portfolios have never looked so sharp or been so fast. As part of a broader redesign coming later in the summer, the new Portfolios has fresher colors, a sharper design and is even easier to use — all while maintaining the great features our advisors love. And yes — it’s WAY faster, especially on larger portfolios.

If you’re an advisor interested in checking out all of the new features, join us for an upcoming guided tour at We’d love to have you.

If you’re already a Riskalyze customer, you’ve already been upgraded with the new Portfolios. Please don’t be shy with your feedback — we want to know what we can improve, what you like and what you love!

Thanks for being one of our amazing customers. We love continuing to innovate, and being a small part of your success.

Riskalyze Launches TD Ameritrade Veo Integration

Today, we’re excited to announce that Riskalyze is integrated with TD Ameritrade Institutional’s Veo platform. Our customers who utilize TD Ameritrade Institutional for custody of client assets are now able to link their Riskalyze and Veo user accounts, and link client accounts with the corresponding client profiles in Riskalyze.

Riskalyze also supports multi-account integration. Advisors can link as many accounts as needed to a single Riskalyze client profile. Each of those accounts will be synced into that client’s current portfolio, making it simple to align the household’s portfolio risk score with that client’s Risk Number.

We’ve been big fans of the people of TD Ameritrade for a long time. We’re very pleased to officially launch this long-awaited integration, so our shared customers can benefit from a more seamless experience between their risk engineering and custodial platforms.

If you’re already a Riskalyze customer, please contact our support team to start the integration process. And if you want to take a closer look at Riskalyze, join a guided tour to learn more.

Riskalyze and TradeWarrior Announce Integration Partnership

We’re excited to announce our integration partnership with TradeWarrior rebalancing and trading software for advisors. Here’s the press release for today’s announcement.

LAYTON, UTAH and AUBURN, CALIFORNIA — TradeWarrior and Riskalyze announced an integration between the two firms today. The partnership provides advisors with the ability to export their model portfolio data from TradeWarrior into Riskalyze’s risk analytics software. This will allow for greater efficiency and time savings for advisory firms.

"In our ongoing effort to improve advisor efficiency, we are excited to announce this integration effort between Riskalyze and TradeWarrior for the benefit of our joint clients," stated TradeWarrior’s CEO Damon Deru. "Riskalyze has pioneered a new concept in risk analytics for the advisory industry and their clients, and we are thrilled to be partnered with them."

"The integration between TradeWarrior and Riskalyze is going to be a serious time saver for me," said Matt Nelson of Focus Financial. "In one shot I uploaded over 30 model portfolios. Now I can keep my actual trading portfolios in sync with my risk assessment analytics without re-keying everything."

"It’s always great when customers drive the need for integration, and we’re excited to be working with TradeWarrior," said Aaron Klein, CEO at Riskalyze. "Advisors are already loving how they can sync up their trading with their risk engineering in just a few clicks."

TradeWarrior, Inc. was founded by investment advisors with the idea of bringing better software to the financial services industry. We were frustrated by the lack of intuitive trading and rebalancing software in the industry, so we decided to scratch our own itch and built TradeWarrior from the ground up. TradeWarrior is a Household based tax-aware trading program. It is the product of years of in-depth research on portfolio trading and rebalancing and offers all investment professionals the opportunity for powerful portfolio management tools at a reasonable price. You can learn more about the software on our website at, or calling 801-295-9192.

Riskalyze is the company that invented the Risk Number™, the first-ever quantitative way to capture client risk tolerance, align portfolios to client expectations, and quantify the suitability of investments. Riskalyze works with RIAs, hybrid advisors, independent broker-dealers, RIA networks, custodians, clearing firms and asset managers to align the world’s investments with investor risk tolerance.

© 2014 Riskalyze, Inc. All Rights Reserved. All trademarks are owned by their respective companies.