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Seattle-based Envestnet Tamarac is one of the leading players in the adviser technology market. One of the reasons for the company’s swift growth has been that it delivers what is quoted. Tamarac ended up doing better post the 2008 market crash. The merger of Tamarac with Envestnet took place later but as per the agreement the latter did not interfere in the former’s independence. The platform now expanded with increasing portfolio and client relationship management. Its tech platform enables enormous data warehousing operations to take place, which can then be further processed to derive vital business insights. At present, there exists a user base of RIAs using the platform to manage operations worth over a trillion dollars.

Source:https://www.investmentnews.com/article/20181105/FREE/181109974/how-tamarac-grew-from-fintech-startup-to-1-2-trillion-behemoth

Uploaded Date:08 November 2018

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