WHEATON, IL--(Marketwired - Jan 29, 2014) - BondWave LLC ("BondWave") announced that Michael Ruvo, former President at DPC DATA Inc., has been named President. Russ Graham, former President and CEO at BondWave, will stay actively involved as company CEO. Ruvo joins BondWave after spending over 10 years leading DPC DATA Inc. Prior to that he ran global operations for Capital Access International for nearly 8 years before it was sold to Reuters in 2002.
"We are very pleased and excited to have Michael Ruvo join our management team," said Graham. "Michael brings considerable experience and a track record of innovation and success in the financial technology industry. BondWave is on the verge of releasing some very strategic initiatives and we believe his background and expertise will be tremendous assets as we move forward. We are confident in Michael's ability to provide the insight and leadership needed to guide our efforts toward success."
Added Ruvo: "I've had a business relationship with BondWave for a number of years and have always been impressed with their team and the products they had to offer. While leaving a successful position is never easy, I was intrigued with the exciting new direction BondWave is taking and am excited to take on the challenge of introducing some new and innovative fixed income solutions to the marketplace."
BondWave also announced the release of RepView™, an advisor web portal that complements its DeskView™ fixed income portfolio management platform. While DeskView provides a 'trading desk-centric' view of fixed income accounts and holdings, RepView gives Advisors their own view of important account statistics, alerts, trade information and on-demand reports within a graphical web interface.
"RepView displays fixed-income holdings for an advisor's customer accounts plotted in charts by Yield and Maturity, or displayed in a list," said Jonathan Volle, BondWave's Senior Vice President of Customer Experience. "For each holding, detailed bond data, alerts, trades and offerings are available with a mouse click. Other interactive charts summarize holdings by Asset Type or Monthly Cash Flow and provide the ability to filter and review holdings simply by clicking on chart elements. Advisors can also run on-demand reports that provide an in-depth view of a client's fixed income portfolio and enable a richer fixed-income experience for advisors and their clients."
Volle continued: "RepView is designed to help advisors maintain a thorough understanding of each client's fixed income portfolio. We provide the content necessary for both an overall -- and detailed -- perspective of the account. Advisors may utilize our service to analyze a portfolio from multiple angles to identify specific needs and to develop investment recommendations."
"Throughout 2014 BondWave will be focused on enhancing the fixed income experience for advisors and their clients," said Matthew Treter, Senior Vice President of Products and Content Strategies. "RepView is a key component, whose aim is to provide a more vibrant experience for the advisor. We are excited about the current capabilities that RepView will bring and are looking forward to expanding the content and services throughout the year."
BondWave LLC (BondWave®) is a provider of innovative fixed income software solutions designed to assist senior management, traders and advisors in serving their clients, and is a registered investment advisor. BondWave Advisors®, our advisory branch, allows firms to access our technology solutions and services on an outsourced basis. As a combined firm we serve a wide range of customers, from small independent RIAs to some of the largest broker-dealers and custody providers in the financial services industry.
BondWave focuses on helping financial professionals provide unparalleled service and individual bond investing strategies for their customers, enabling a smarter fixed income experience. Our software products include:
- DeskView - a platform for bond specialists and trading desk personnel that provides an integrated set of tools for portfolio proposals, trade opportunity mining, strategy-based investing, automated monitoring and reporting.
- RepView - an easy-to-use web-based solution that enhances an advisor's relationship with his client through important fixed income account information, timely alerts, and client-ready reports.
- FirmView - enables a management team to visualize fixed income opportunities -- from a top-level overview down to details for regions, advisors and accounts (available mid-2014).
BondWave is committed to helping firms improve communication between fixed income specialists, advisors and clients, and to enhance their overall fixed income investment services. For more information on BondWave's products and services, call 877.795.2929 or visit our new website at www.bondwave.com.