Edward Jones Purchases Oakbrook Solutions WealthWorx® Product





Oakbrook Solutions announced today that it has entered into an agreement with Edward Jones Trust Company to implement its WealthWorx® Business Process Management (BPM) Software. WealthWorx® will be used by the Trust Company business unit within Edward Jones to enhance its business processes in the areas of Account On-Boarding, Operations Request Management and Account Closing.

WealthWorx® fundamentally changes the way financial services firms, trust companies and brokerages manage their operations by providing a platform that makes processes and their results both transparent and collaborative. It helps companies achieve efficient growth and significant reduction in risk through its audit capabilities and management controls.

“We greatly value our partnership with Oakbrook Solutions and WealthWorx® will play a key role in helping us achieve our client service and growth objectives going forward,” said Jeffrey A. Stuerman, President, Edward Jones Trust Company. “Oakbrook Solutions used its significant expertise in the financial services industry to create an innovative solution from both a technical and subject matter perspective.”

“Oakbrook Solutions is fortunate to be able to work with a visionary customer like Edward Jones Trust Company,” commented Tony Painter, CEO of Oakbrook Solutions. “Starting with the BPM Value Assessment we conducted with them and leveraging our best practice process models, Edward Jones Trust Company has been committed to the collaborative transformation of their business processes on a platform that will adapt and scale to meet their current and future needs.”

WealthWorx® is the only BPM solution built specifically for the wealth management industry. Working with our technology partner, Appian Corporation, we have created an unparalleled set of prebuilt applications that can be customized for your operations to reduce cost, risk and time to market.

About Oakbrook Solutions, Inc.

Since 1999 Oakbrook Solutions Inc. has been the leading systems, process, and delivery expert for the Wealth Management industry. We provide consulting services and software solutions that solve problems commonly faced within our industry. Through our focus, expertise and commitment to our clients, we have successfully serviced firms of all sizes, from start-up organizations to the world’s largest financial institutions. For more information, visit www.oakbrooksolutions.com

About Edward Jones Trust Company and Edward Jones
Trust and/or investment-advisory services are provided by Edward Jones Trust Company, an affiliate of Edward D. Jones & CO., L.P. (Edward Jones), a registered broker-dealer. Edward Jones Trust Company and Edward Jones are subsidiaries of the Jones Financial Companies, L.L.L.P.

Broker-dealer Edward Jones provides financial services for individual investors in the United States and, through its affiliate, in Canada Edward Jones, which ranked No. 2 on FORTUNE magazine’s “100 Best Companies to Work For 2010,” is headquartered in St. Louis. The Edward Jones Web site is located at www.edwardjones.com, and its recruiting Web site is www.careers.edwardjones.com. Broker-dealer Edward Jones is a member SIPC.

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Source – http://www.prweb.com/releases/2010/08/prweb4428704.htm









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