SOURCE: External IT

FiComm Partners

June 24, 2015 09:00 ET

External IT Partners With Telemet America to Provide Clients Real-Time Data in a Secure Hosted Cloud Environment

NEW YORK, NY--(Marketwired - June 24, 2015) -

  • Telemet America now integrated with External IT's comprehensive, cloud based desktop focused on providing a holistic and compliant environment for the financial services community
  • Through External IT, Telemet users now have access to all their applications and data through single sign on, delivering flexibility for users along with centralized control
  • The partnership offers Telemet and External IT clients real-time market data and appraisals, portfolio metrics and analytics anytime, anywhere on the users platform choice

External IT, a cloud-based IT outsourcing firm that focuses on RIAs, Broker Dealers, and Asset Managers, and Telemet America, a cost-effective, integrated information platform for the investment professional, is proud to announce their partnership today. The partnership offers clients real-time market data and appraisals, portfolio metrics and analytics anywhere at any-time in a secure and compliant hosted cloud environment.

Through External IT, Telemet users now have a single, secure place for all applications and data, delivering flexibility for users along with centralized control -- a major differentiator versus other platforms currently available on the market.

"We are delighted to be partnering with External IT, the financial sector's leading cloud provider," said Frederick Parsons, CEO & Founder of Telemet. "The collaboration with External IT is an exercise in best practice on how companies can use an agile software environment in the cloud to better serve users, enter new markets and provide up-to-date, real-time data in a secure cloud environment."

Driven by the ubiquity of mobile devices and users' need to access their information as and when they need it, Telemet's move to External IT's cloud solution is part of a larger trend of software moving towards web-based environments. The move also allows Telemet to interact and integrate with custodians, data and other business and financial applications by being part of the broader External IT ecosystem.

"We are excited to be teaming up with Telemet America and look forward to having them as a component of our cloud based platform," said Sam Attias, VP, Financial Services Practice, External IT. "Telemet America is a great example of a cutting-edge company that understands the critical need for a single platform that can deliver cloud and big data integration."

The Telemet analytics now offered on External IT include insight into a portfolio's sector allocation and industry weights, and provides visual comparisons to a chosen benchmark. Further, the Telemet and External IT client sees the portfolio's financial characteristics such as its top holdings and performers, dividend yield, market cap, debt to equity, price to book, price to earnings, long term growth rate and a host of other metrics.

After developing the first commercial Cloud Desktop, External IT's founders established the company in 2002 with an idea that was ahead of its time, helping drive the firm to become the industry standard in cloud computing. Whether accessing External IT through a pre-packaged platform or through a professionally customized configuration directly through the firm, advisors can count on security without being limited by hardware, geography or application set, so they can focus on their clients.

About External IT
External IT is a leading provider of unified cloud computing solutions to Financial Services Clients including RIAs and Broker Dealers. The company's cloud-based solution is delivered via its unique OS33 Cloud Desktop platform, which provides all of a user's applications and data simply in one place. The company offers integrated managed services that provide everything from end user helpdesk to data migrations, nationwide on-site assistance, and remote management of clients' networks. Founded in 2000, External IT has been delivering IT services for nearly 15 years and is a recognized innovator and pioneer in the cloud computing space. For more information, visit www.externalit.com.

About Telemet America, Inc.
Telemet America, Inc. is 35 year old information provider for professional investment firms. Telemet offers an integrated investment platform that combines real-time and historic financial information, investment research, and portfolio analytics. Telemet's integrated platform enhances workflow, increases revenue opportunities and improves productivity. Seamless links to major portfolio accounting software and systems include Portfolio Center and Advent.

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