BondDesk Introduces New Portfolio Monitoring Service for Its Award Winning Wealth Management Platform

NEW YORK--(BUSINESS WIRE)--BondDesk Group LLC today announced the availability of an advanced new Portfolio Monitoring service for its award winning BondWorks™ Wealth Management Platform. A video highlighting the capabilities of this new service can be found on http://www.bonddeskgroup.com. BondDesk is a leading provider of fixed income technology and operator of the largest odd-lot fixed income alternative trading system (ATS) in the United States.

“These portfolio monitoring capabilities will free our financial advisors from a tremendous amount of administrative research and enable them to focus their efforts on supporting and growing their accounts.”

The BondWorks Portfolio Monitoring service proactively monitors clients’ holdings and alerts financial advisors through the platform and via email to significant events such as bond ratings changes, price changes and redemptions. These capabilities help financial advisors strengthen their client relationships by enabling them to:

Have meaningful conversations about the ongoing state of their clients’ portfolios;
Make insightful investment recommendations based on events impacting current holdings;
Stay informed of any changes to investments they have recommended;
Distinguish themselves as providing fixed income expertise.

"We are very excited to be rolling out these capabilities to our clients,” said Ron Crampton, Managing Director at BondDesk Group. “Our clients really appreciate that our sophisticated analytics can cross reference over 130 various event triggers each day such as ratings changes, positive and negative watches, full or partial redemptions and calls, and material movements in price, against each advisor’s individual bond holdings.”

“It’s very time consuming for financial advisors to research all of their clients’ bond holdings on a daily basis,” continued Crampton. “These portfolio monitoring capabilities will free our financial advisors from a tremendous amount of administrative research and enable them to focus their efforts on supporting and growing their accounts.”

About BondDesk

BondDesk Group LLC is a leading financial technology company providing innovative, enterprise-wide fixed income solutions to a community of over 2,000 investment firms, including many of the top broker-dealers in North America. BondDesk’s workstation solutions, including its flagship BondWorks™ Wealth Management Platform, enable over 100,000 financial advisors and asset managers to trade bonds with confidence, manage client portfolios and attract new assets. The company’s industry-leading advisor workstation, price transparency, portfolio management and compliance solutions empower wealth managers to better service the needs of the investing public. BondWorks is the first financial services solution to win the highly coveted “Best Application Design” award from the Nielsen Norman Group (NNG), one of the world’s leading design and usability research and consultancy firms.

In addition, the BondDesk Alternative Trading System (ATS), operated by BondDesk Trading LLC, member FINRA and SIPC, provides the BondDesk community with access to an aggregated pool of over 110,000 daily live offerings of odd-lot fixed income securities in a broad range of asset classes. The BondDesk Trading ATS executes over 20,000 transactions per day with high fill ratios and price quality.

BondDesk Trading LLC is a wholly-owned subsidiary of BondDesk Group LLC.

To learn more, visit www.bonddeskgroup.com, and follow @BondDesk on Twitter.