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FolioDynamix's Model Hub Exceeds $1 Billion Mark
[November 01, 2010]

FolioDynamix's Model Hub Exceeds $1 Billion Mark

NEW YORK --(Business Wire)--

FolioDynamix, a driver of innovation in fee-based managed accounts technology and wealth management services, today announced that it has crossed $1 billion in assets supported by its model hub, called "FDx Model Connect".

From the centralized FDx Model Connect, asset managers upload their strategies, that converts models to the appropriate format for acceptance into a sponsor firm's model management and rebalancing tool of choice. Asset managers using FolioDynamix's model hub no longer have to send their contracted strategies to each sponsor separately or in multiple formats. FDx handles the secure automatic data transformation, tracking, history, audit trails, reporting and invoicing and fee remittance.

"The $1 billion asset milestone represents significant efforts by our team to buildout a robust model delivery infrastructure," said Bill Martin, CFA, Director of Managed Account Services at FolioDynamix. "Our FDx Model Connect connects over 80 asset managers, comprising 13 investment strategies, with a growing base of sponsors firms running FolioDynamix technology and third-party applications on their UMA platforms. Because we have an operationally sound infrastructure, we are now expanding our hub capabilities."

FolioDynamix has adopted the MMI model communication standards as part of the next generation of its model hub. Also, FDx has worked closely with its participating managers in designing enhanced asset manager reporting to help support the fast-growing UMA and model-based business.

"Our FDx Model Connect allows asset managers to efficiently distribute their strategies into model-based programs that could have otherwise been too cumbersome to accommodate," said Joe Mrak, CEO. "The integrity and efficiency of our model hub and our continued commitment to building out this infrastructure are significant reasons why FolioDynamix has emerged as a leading provider in the managed account and wealth servicing industry."

About FolioDynamix

Privately held and based in New York since inception in 1999, FolioDynamix is an established leader in the fast growing managed account industry. Its FDx platform is a configurable, thin client application with tools to manage a portfolio through the lifecycle of an account, including a fully proprietary tax lot and cost accounting engine, model management, multi account trading, rebalancing, management reporting and performance reporting. FolioDynamix also offers supplementary business services to complement the FDx technology platform, including a comprehensive database of leading money managers, mutual funds and ETFs. For more information on FolioDynamix, please visit

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