Cloud Interoperability, APIs & Standardization

Cloud Interoperability Magazine

Subscribe to Cloud Interoperability Magazine : eMailAlertsEmail Alerts newslettersWeekly Newsletters
Get Cloud Interoperability Magazine : homepageHomepage mobileMobile rssRSS facebookFacebook twitterTwitter linkedinLinkedIn

Cloud Interop Authors: Kevin Jackson, Thanh Tran

Related Topics: Cloud Computing, Cloud Interoperability, Cloudonomics Journal, SaaS Journal, Mutual Funds on Ulitzer

Mutual Funds: News Feed Item

Redi2 Technologies Launches Software as a Service (SaaS) Fee Billing Offering

Asset management provider Bellatore signs on for Redi2's new web-based software delivery option

OAKLAND, Calif., Jan. 22 /PRNewswire/ -- Redi2 Technologies, a leading provider of sophisticated yet simple-to-use fee billing solutions for the global financial services industry, today announced a new Software as a Service (SaaS) solution for web-based delivery of its Redi2 Revenue Manager and add-on software modules. SaaS gives clients online access to Redi2's fee billing solutions to build profitability while avoiding the costs and complexity of in-house technology management.

Asset management services provider Bellatore has implemented Redi2 Revenue Manager(TM) and Redi2 STP Automation(TM) via Redi2's SaaS delivery model. Redi2 Revenue Manager automates account setup and termination, revenue reconciliation, invoice generation, special adjustments and reversals. Redi2 STP Automation streamlines processing by filtering exceptions and prioritizing only items that need personalized attention. Redi2's SaaS Solution gives Bellatore more cost-efficient web-based support for managing fees in the increasingly complex managed accounts segment.

"Our scalable and secure new delivery offering gives customers cost- effective connectivity to browser-based client desktops anywhere around the world, getting users such as Bellatore up and running with ease," notes Seth Johnson, CEO of Redi2 Technologies.

Under the SaaS delivery model, Redi2's fee billing solutions are hosted at the software vendor's robust and reliable SAS 70 Type II certified data center. Users need only a web browser to access Redi2's solutions. Reliability features include real-time data mirroring, geographic redundancy and multi-failover for guaranteed up-time. Additional client benefits include faster time to market of more functionally robust fee billing support to virtually unlimited end-user desktops.

"Our partnership with Redi2 takes flexible fee calculation and billing to a new level and underscores Bellatore's commitment to putting the marketplace's best technologies and services to work for our advisors and their clients," said Al Steele, President and CEO of Bellatore, LLC.

About Redi2 Technologies

Redi2 Technologies is the only software provider to exclusively focus on fee billing software for the global financial services industry, including institutional asset management, managed accounts, private wealth, mutual funds, custody and alternative investment firms as well as third party outsource providers. Based in Oakland, Calif., Redi2 offers flexible, feature- rich solutions that help firms streamline operations, improve cash flow, reduce costs, enhance client service and meet compliance obligations. Redi2's flagship fee billing and revenue management solution, Redi2 Revenue Manager(TM) features an advanced yet intuitive user interface and user- definable workflow and calculation rules. Redi2 Revenue Manager can be deployed on all industry-standard relational databases and operating systems, easing integration with third party solutions, including accounting, performance measurement and customer relationship management (CRM) systems.

About Bellatore, LLC

Bellatore, LLC is a financial services company that delivers knowledge leadership services, turnkey asset management solutions and practice equity monetization services. Bellatore provides a Total Business Solution for independent financial advisors interested in accelerating their practices. From systematizing a business to monetization and succession strategies, the company offers a distinct array of practice management services. In addition, Bellatore helps financial institutions bring meaningful value to their businesses through a range of services that include business management consulting, public speaking, wholesaler training, practice management content and business intelligence. For more information, please visit

For more information, visit

Redi2 Technologies

CONTACT: Monica VanHorn of Catalyst Communications, +1-212-763-8518,
Cell +1-917-446-6358, or [email protected]

Web site:

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.