Investment Management Newsflashes: Model Portfolios Selects FMC Suite for STP, and more.

Model Portfolios, a Sydney, Australia-based administration service for managed discretionary accounts (MDA), is poised to launch in April and will base its operations on FMCSuite. FMCSuite is a Web-based, investment management platform by Toronto-based Financial Models Company. It's designed to provide integrated functionality -- modeling, trading, portfolio accounting, client communications and other mission-critical workflows -- in an application service provider environment.

"Our expertise lies in the administration and operation of portfolios; FMCSuite provides Web-based technology that enables us to concentrate on these aspects of client support rather than technology development," said Toby Potter, CEO, Model Portfolios, in the press release.

Client, adviser and licensee reporting will be delivered through the Model Portfolios Web site and based on FMCPages, FMC's client statement and reporting solution. The firm's managers will also have the ability to adjust models and client portfolios online. Customized FMCSuite services for Model Portfolios will address reconciliations, fee calculations and Australian tax reporting. ASX and other exchange data will be sourced from Securities Valuation (SVC), a provider of securities data and a division of FMC.

--Albridge Solutions and DST Vision Provide Connectivity for Efficient Data Management and Reporting

Albridge Solutions, a financial data consolidation and performance reporting technology provider, is offering its broker-dealer customers integrated connectivity between Albridge and DST Vision. Vision is an account management Web site for financial advisers provided by Kansas City, Mo.-based DST Systems. The solution will provide financial advisers with "point-of-click" access from Albridge's Wealth Management reporting platform directly into DST Vision, a resource for specific client mutual fund or variable annuity account data.

"Now, with access to DST Vision, our advisers are able to serve their clients better, as they do not have to call the fund companies for routine information such as cost basis, rights of accumulation and share balances," said Lon Dolber, president and chief executive officer of American Portfolios, in a statement. "With management company approval, advisors are also able to affect a buy or sell without having to open another application which saves time and reduces costly trading errors."

--Pioneer Investment Management Goes Wireless With Pyxis

Braintree, Mass.-based Pioneer Investment Management has deployed mPlatform by Waltham, Mass.-based wireless software provider Pyxis Mobile. Used in conjunction with BlackBerry wireless devices, mPlatform gives Pioneer's mobile wholesalers access to a wealth of enterprise data previously unavailable wirelessly. Pioneer's wholesalers now can access, in real time, information such as year-to-date sales, broker information and up-to-date product and customer data. Pioneer's internal management also has better access to up-to-date field information from the product's many reporting features, including the ability for mobile wholesalers to log new activities into the company's back-end systems immediately from the field, instead of stockpiling paper-based notes for their end-of-the-week administration day, as previously was the case.

"This initiative for connecting our wholesalers wirelessly allows them to more efficiently access the information they need," says Tom Santaniello, manager, application management, Pioneer Investments, in the press release. "The wholesalers now have access to various sales screens on the BlackBerry, allowing them to pull up broker information on the fly."