Raymond James receives BISA Technology Innovation Award for new Client Reporting system
ST. PETERSBURG, Fla. – The Bank Insurance and Securities Association (BISA) recently recognized Raymond James with its Technology Innovation Award for the fourth consecutive year. This year, Raymond James was recognized for Client Reporting, a new technology tool that aggregates client data to create attractive, easy-to-read, customized reports. Through this user-friendly, efficient system, financial advisors can facilitate a repeatable, yet personalized, client review experience that aligns with investment programs’ business models and client needs.
BISA’s annual Technology Innovation Award highlights leadership in the advancement of the financial services industry’s products, services and platforms through technology innovation. It is designed to recognize companies for their commitment to technology-based solutions and advancements.
“Providing our affiliated bank and credit union advisors with innovative and integrated technology has always remained a top priority here at Raymond James,” said John W. Houston, managing director for the Raymond James Financial Institutions Division. “We are honored to receive this award for the fourth year in a row, as it’s a testament to our continued commitment to meeting and exceeding the technology needs of both our affiliated advisors and their clients.”
Raymond James’ Client Reporting tool allows affiliated banks, credit unions and their investment program advisors to customize their report packages to desired specifications in order to have more productive client meetings. It includes the ability to create and customize reports, add content specific to the institution or advisor, incorporate the institution’s branding on the reports and schedule them to be ready at a future date.
The Client Reporting application can also integrate additional content into the report packages to promote the advisor, the institution, or important information to clients outside of their account information. For the clients, reports are more personalized and in an easy-to-read format, allowing them to better understand their investments.
“Client Reporting is just one of many systems that Raymond James has implemented to give advisors more time to serve their clients, without increasing the overhead,” said Josh Bohlander, vice president of Technology at Raymond James. “The Client Reporting tool drives a more personalized client experience and allows for an additional long-term touchpoint to reinforce the institution’s brand with clients and ultimately deepen those relationships.
“We are honored that Raymond James continues to be recognized as having some of the most innovative technology in the industry, and we are proud to be able to continually support our advisors through these integrated technology solutions.”
Raymond James was recognized with this award at BISA’s national conference on March 16 in Hollywood, Florida.
About Raymond James Financial Services
Raymond James Financial Services, Inc. is a financial services firm supporting more than 3,400 independent financial advisors nationwide. Since 1974, Raymond James Financial Services Inc., member FINRA/SIPC, has provided a wide range of investment and wealth planning related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both broker/dealers are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF) a leading diversified financial services company with approximately 6,600 financial advisors serving in excess of 2.7 million client accounts in more than 2,700 locations throughout the United States, Canada and overseas. Total client assets are approximately $485 billion.
About the Financial Institutions Division
The Financial Institutions Division was established by Raymond James in 1987 to provide banks and credit unions with an alternative to traditional third-party investment providers. Raymond James provides full-service securities brokerage and advisory services to financial institutions seeking to compete with the largest banks and securities firms in the country. In addition to a full complement of investment products and services, Raymond James has the ability to deliver investment banking, public finance, research, self-clearing capabilities and wealth management services to both individuals and institutions.