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News
New software platform streamlines managed account operations; improves communications, capacity and service
| CONTACT: | Gib Veconi, Peridrome Corporation (877) 363-7770 x101 |
Peridrome unveils automated solutions at MMI Fall Conference in NYC
New York, NY, October 16, 2008 – Peridrome Corporation, a leading developer of automated solutions for the managed accounts industry, today unveiled a suite of financial software products that gives operations and technology professionals, for the first time ever, a fully customizable, single-platform solution for efficient straight-through processing.
Money Management Institute and Peridrome Corporation release white paper on business case for commmunications standards
| CONTACT: |
Gib Veconi, Peridrome Corporation (877) 363-7770 x101 Scott Sunshine, Middleburg Communications (212) 812-5665 |
Washington, DC, July 30, 2008 – The Money Management Institute (MMI), the national organization for the managed investment solution and wealth management industry, and Peridrome Corporation, a provider of straight-through processing solutions for wealth management operations, announced today the release of a white paper validating the need for industry adoption of communications standards in the managed account solutions industry.
Peridrome announces closing of Series A financing led by Milestone Venture Partners
Early leader in fast-growing managed accounts technology space to expand marketing and development
CONTACT: Gib Veconi, Peridrome Corporation (877) 363-7770 x101
Todd Pietri, Milestone Venture Partners (212) 223-7400
Emily DeSantis, New York State Common Retirement Fund (518) 474-4015
NEW YORK, April 30, 2008 – Peridrome Corporation, a leading provider of business process management solutions to the wealth management industry, today announced a $1.1 million Series A financing round led by New York-based Milestone Venture Partners. The New York State Common Retirement Fund participated in the financing through a fund managed by Milestone.
MMI conference highlights industry scalability needs
A March 25 article in the industry journal FundFire on the proceedings of the 2008 Money Management Institute Annual Conference highlights the discussion of the role of technology and communications in enabling managed account operations to scale. The conference featured a presentation by Gary Jones, Vice President of Industry Operations for the Money Management Institute, and Peridrome President and CEO Gib Veconi, which forecast the increase in client service requests as a function of growth of accounts industry-wide.
Peridrome to Link to DTCC's Managed Accounts Service
New York, NY, January 31, 2008 – The Depository Trust & Clearing Corporation (DTCC) announced today that Peridrome Corporation, a leading provider of business process management (BPM) solutions to the wealth management industry, has joined DTCC’s Managed Accounts Service (MAS). Peridrome will offer a gateway between its Dash BPM platform and MAS.