Novartis to Acquire Biotech Firm Excellergy in $2 Billion Deal 
SpaceX Eyes Historic IPO at $1.75 Trillion Valuation 
Luxury Car Sales in the Middle East Take a Hit Amid Iran War 
Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers 
CTOC Adds 3,000 Doctors, 500 Hospitals Ahead of Liquidity Push 
Eli Lilly and Insilico Medicine Forge $2.75 Billion AI-Driven Drug Discovery Deal 
Jefferies Upgrades Sodexo to Buy With €55 Target After Historic CEO Appointment 
Cathay Pacific Holds Firm on Flight Capacity Amid Middle East Conflict and Rising Fuel Costs 
BlackRock CEO Larry Fink Earns $37.7 Million in 2025 Amid Record Growth 
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook 
Nomura Upgrades PDD Holdings to Buy, Calls Stock Too Cheap to Ignore 
Ukrainian Drones and the #MadeByHousewives Movement: Kyiv Fires Back at Rheinmetall CEO 
Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic 
Bank of America's $72.5M Epstein Settlement: What You Need to Know 
TSMC Japan's Second Fab to Produce 3nm Chips by 2028 
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman 
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure 
NEW YORK, July 18, 2017 -- FolioDynamix, a leading provider of wealth management technology and advisory services, announced a bridge for the communication gap between investment managers, overlay portfolio managers and model program sponsors. Amidst the industry’s effort to centralize and standardize a messaging hub for model use, the FolioDynamix Model Exchange presents a solution for all to use.
FolioDynamix Model Exchange introduces a solution designed for both large enterprise firms and smaller RIA’s seeking access to a large list of institutional quality managers, at no fee to program sponsors. The Model Exchange can also be configured to include access to FolioDynamix’s market-leading research.
“We’re proud to continue to deliver this level of innovation to the industry, especially without a true standard established in the marketplace,” Joe Mrak, CEO of FolioDynamix, said. “We have been providing a hub to our managers and clients for over a decade, and it is time to offer it up to all that want to take advantage of our network of more than 700 model-based products. We are experts in model delivery and can offer up the hub at no direct cost to program sponsors.”
FolioDynamix continues to support the Money Management Institute’s efforts to develop a “hub of hubs” for the wealth management industry, and intends to integrate with it upon completion. Meanwhile, many firms currently integrate models through the FolioDynamix Model Exchange, a proven and time-tested investment model hub developed over the past decade. This platform will be maintained separately to help foster greater synergy and collaboration across the industry.
FolioDynamix handles all rotational issues, fees and manager reporting. The company continues to expand the number of managers currently connected to the Model Exchange and is actively growing the number of users. For more information on how to leverage the service, visit www.foliodynamix.com.
ABOUT FOLIODYNAMIX
FolioDynamix is leading the evolution of the wealth management experience, with an integrated end-to-end technology solution paired with a suite of advisory services including model portfolios, institutional quality manager research and overlay management. Through our powerful technology platform, advisors can manage the entire client lifecycle from proposal generation to account opening to account management (trading and rebalancing) to reporting, all through a sophisticated but easy-to-use secure cloud-based solution. FolioDynamix is an Actua company (Nasdaq:ACTA). Visit www.foliodynamix.com.
Contact: FolioDynamix Dan Ciavarella, EVP 201-500-5408 [email protected]
