Information Builders Case Studies Cetera Financial Group

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	Cetera Financial Group Information Builders

Cetera Financial Group

Information Builders

Technology Category	Analytics & Modeling - Real Time Analytics Application Infrastructure & Middleware - Data Exchange & Integration
Applicable Industries	Finance & Insurance
Applicable Functions	Business Operation Sales & Marketing
Use Cases	Real-Time Location System (RTLS)
Services	Software Design & Engineering Services System Integration
Challenge	Cetera Financial Group, one of the nation’s largest independent broker-dealer/RIA firms, wanted to increase revenue by providing powerful technology offerings to its independent financial advisor network with an emphasis on enhanced reporting. The company wanted to offer visually rich financial reports and industry-leading practice management tools that enable advisors to be extremely responsive to clients. The challenge was to find a business intelligence (BI) solution that could pull data from multiple back-end systems in a cohesive way, with advanced graphing, scheduling, and report-distribution capabilities, with only one or two clicks required to access important content. Read More
About Customer	Cetera Financial Group is one of the nation’s largest independent broker-dealer/RIA firms, providing comprehensive service, support, innovative technology, and competitive advisory programs. Its clients include approximately 6,500 independent financial professionals and 600 financial institutions affiliated with its four independently managed broker-dealers: Financial Network Investment Corporation; Multi-Financial Securities Corporation; PrimeVest Financial Services, Inc.; and Genworth Financial Investment Services, Inc. (GFIS). Based in Los Angeles, Cetera manages more than $100 billion in assets. One of the ways Cetera helps advisors be more efficient and successful is by offering visually rich financial reports. The company offers industry-leading practice management tools that enable advisors to be extremely responsive to clients. Read More
Solution	Cetera Financial Group chose to use the WebFOCUS business intelligence (BI) platform from Information Builders. The IT staff could quickly develop new reports and dashboards to support the advisor network using this platform. WebFOCUS Enable for Adobe Flex, an application engine, was used to create multi-dimensional, visual dashboards that use dynamic animation, interactions, and transition effects to highlight important information and guide users through an analytic process. This was important for financial reporting, as precise insight had to be derived from a tremendous amount of information. Advisors needed only Adobe Reader or a standard web browser to view interactive commission statements that combine high-quality graphics, charts, and other visual representations of critical business information into one complete document. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Application Infrastructure & Middleware - Data Exchange & Integration

Applicable Industries

Finance & Insurance

Applicable Functions

Business Operation

Sales & Marketing

Use Cases

Real-Time Location System (RTLS)

Services

Software Design & Engineering Services

System Integration

Challenge

Cetera Financial Group, one of the nation’s largest independent broker-dealer/RIA firms, wanted to increase revenue by providing powerful technology offerings to its independent financial advisor network with an emphasis on enhanced reporting. The company wanted to offer visually rich financial reports and industry-leading practice management tools that enable advisors to be extremely responsive to clients. The challenge was to find a business intelligence (BI) solution that could pull data from multiple back-end systems in a cohesive way, with advanced graphing, scheduling, and report-distribution capabilities, with only one or two clicks required to access important content.

About Customer

Cetera Financial Group is one of the nation’s largest independent broker-dealer/RIA firms, providing comprehensive service, support, innovative technology, and competitive advisory programs. Its clients include approximately 6,500 independent financial professionals and 600 financial institutions affiliated with its four independently managed broker-dealers: Financial Network Investment Corporation; Multi-Financial Securities Corporation; PrimeVest Financial Services, Inc.; and Genworth Financial Investment Services, Inc. (GFIS). Based in Los Angeles, Cetera manages more than $100 billion in assets. One of the ways Cetera helps advisors be more efficient and successful is by offering visually rich financial reports. The company offers industry-leading practice management tools that enable advisors to be extremely responsive to clients.

Solution

Cetera Financial Group chose to use the WebFOCUS business intelligence (BI) platform from Information Builders. The IT staff could quickly develop new reports and dashboards to support the advisor network using this platform. WebFOCUS Enable for Adobe Flex, an application engine, was used to create multi-dimensional, visual dashboards that use dynamic animation, interactions, and transition effects to highlight important information and guide users through an analytic process. This was important for financial reporting, as precise insight had to be derived from a tremendous amount of information. Advisors needed only Adobe Reader or a standard web browser to view interactive commission statements that combine high-quality graphics, charts, and other visual representations of critical business information into one complete document.

Impact #1	Cetera advisors can view aggregate performance and drill into details.
Impact #2	Advisors can view metrics and commissions at a granular level.
Impact #3	Executives can determine top performers to empower their retention model.

Impact #1

Cetera advisors can view aggregate performance and drill into details.

Impact #2

Advisors can view metrics and commissions at a granular level.

Impact #3

Executives can determine top performers to empower their retention model.

Benefit #1	Cetera manages more than $100 billion in assets.
Benefit #2	The company serves approximately 6,500 independent financial professionals and 600 financial institutions.

Benefit #1

Cetera manages more than $100 billion in assets.

Benefit #2

The company serves approximately 6,500 independent financial professionals and 600 financial institutions.

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Overview

Cetera Financial Group

Operational Impact

Quantitative Benefit