CI Financial live with Odyssey's solutions

Odyssey Asset Management Systems Inc. takes great pleasure in announcing the successful phase one "go-live" of the project at Assante Wealth Management, a wholly owned subsidiary of CI Fund Management Inc. ("CI Financial”) to implement Odyssey's Portfolio Manager and Relationship Manager Workstations. This first phase of implementation included the installation of several Triple'A components, which entailed a complete Triple'A B2F and F2B interface, over 20 interfaces with several internal applications and the custodians, a tax optimisation process developed by Assante Wealth Management, and a complete tax reporting tool. Together these represent the "building blocks" of the final system.

The Toronto-based wealth management company will use Odyssey’s Portfolio and Relationship Manager Workstations to provide a fully-integrated platform to support both the management of HNW client assets and to deliver new client acquisition and service capabilities to Assante’s advisors.

"This conversion is the culmination of a year-long co-coordinated effort to offer advisors and clients one of the best solutions in the marketplace today" explains Steve Donald, President and COO of Assante Wealth Management. "These changes are part of our ongoing commitment to offer greater support to advisors and enhance the Assante Private Client program."

The new Odyssey platform will deliver superior client reporting, and, by replacing several existing applications, significantly increase the operation’s productivity.

The next phase of the project will include the implementation of the Odyssey Client Data Management component as well as the powerful client reporting tool Live!Reports and the report distribution tool MailManager.

"We wish to thank the two teams for their seamless collaboration and exceptional commitment that made this project implementation a success. The Odyssey team provided the needed product knowledge and guidance with utmost professionalism. We at CI and Assante value the relationship we have with Odyssey, and know that we have made the right choice in terms of product and services' partner", said Tony Issa, Executive Vice President and Chief Technology Officer at CI.

Assante Wealth Management represents Odyssey's first local North American client. Odyssey client services are provided via Odyssey's New York office.

Assante Wealth Management is a diversified, full-service organization offering a wide range of integrated wealth management products and services. Over 1000 Assante professional advisors work to provide hundreds of thousands of clients with trusted, face-to-face advice and personalized wealth management solutions.

CI Financial is a leading Canadian financial services company. More than two million Canadians rely on CI to help realize their goals and dreams. Together, CI Financial and its affiliated companies are responsible for $68 billion in client assets.

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