Contact Information: For more information, please contact: Ryan Diachok Geneos Wealth Management 303.785.8470 Morrison Shafroth Communications Strategy Group (720) 470-3653
Geneos Wealth Management Unveils Enhanced Technology Platform for Broker/Dealers and Registered Reps
New Version of Award-Winning Geneos Nexus Platform Provides Accessibility, Flexibility and Myriad Business Efficiencies for Advisors and Broker/Dealers
| Source: Geneos Wealth Management
DENVER, CO--(Marketwire - October 22, 2008) - Geneos Wealth Management, Inc. (Geneos), a
Denver-based broker/dealer serving elite financial advisors, today
announced major enhancements to its industry-leading technology platform.
The latest version of the Web-based Geneos application -- Nexus 2.0 --
automates many of the tasks associated with an independent financial
advisor's business, including account opening, compliance, and reporting. A
fully open architecture platform, Nexus 2.0 enables its users to manage
data in multiple formats and applications and allows comprehensive
paperless document imaging.
"What makes Nexus 2.0 unique is the innovation in its design and function,"
said Dean Rager, Senior Vice President for Geneos. "Our streamlined
software development methodology provides for a very rich application that
delivers more features and functionality than ever."
The Web-based system allows reps to access information virtually anywhere,
and its paperless data environment provides efficiencies and flexibility in
reporting, business approval, and compliance processing. Nexus 2.0 also
incorporates direct input from reps -- key reporting has been in
conjunction with advisors -- to create a suite of services that are
adaptable to broker needs. "Nexus 2.0 is a rep's fully customized office --
available anywhere," said Rager.
By bringing together technologies such as Rich Internet Application (RIA)
programming techniques and XML interfaces, Nexus 2.0 is a full-fledged
technology platform designed to be nimble and agile in a fast-changing
compliance environment. Nexus, which has won several industry awards,
including the "Run Smarter Award" from Laserfiche, is able to meet rigorous
auditing and regulatory mandates with a transparent solution for tracking
and managing data.
In addition, Nexus 2.0 incorporates straight-through processing, which
virtually eliminates faxing and cuts printing and mailing costs and audit
preparation time. Nexus 2.0 also provides all client data to its clearing
firm partners, Pershing and National Financial, in a single easy-to-use
interface.
"The robustness of Nexus 2.0 can only be made possible by developers with
years of experience in the Independent Broker/Dealer industry," said Geneos
President and CEO Russ Diachok. "In line with the definition of its own
name, Nexus 2.0 can be the core or center of an independent advisor's
technology strategy."
While more than 70 different reports available in the full version of Nexus
2.0, Geneos allows its representatives the ability to pick and choose the
components that best suit their independent practice. "There's no comparing
Nexus 2.0's data power over any other competing system," said Rager, "but
the system can exist in many different forms. There is no paying for things
you don't need with Nexus 2.0."
About Geneos Wealth Management
Geneos is a leading broker/dealer headquartered in Denver, CO, providing
financial and estate-planning services through a select network of
registered representatives. The firm's 260 high-quality advisors around the
nation represent over $7 billion in client assets under management. Geneos
advisors offer a complete array of wealth management products, including
mutual funds, alternative investment options, fixed and variable annuities,
and life insurance company products. For more information, visit
http://www.geneoswealth.com.