RICHMOND, Va., May 14, 2001 (PRIMEZONE) -- In a revolutionary step that has redefined the nature of online document storage, Financeware, a Richmond-based provider of online probability analysis and collaboration tools for financial advisors, today announced the introduction of FinanceFileManager Desktop, a software application that easily manages and securely stores any type of personal computer document online.
Designed for use by financial advisors in the course of communicating with clients, FinanceFileManager Desktop posts client reports and documents to an advisor's secure Web-based account located at www.financeware.com. Documents can then be viewed over the Internet by clients, saving advisors and investors the time and expense of in-office reviews.
"FinanceFileManager Desktop represents the future of advisor-client collaboration. The desktop application easily allows an advisor to generate reports and graphs, post them online in a virtual vault, and then share the documents with a client no matter where the client is located," David B. Loeper, President and CEO of Financeware, Inc., said. "The possible uses of this technology for an advisor are endless."
Designed using the familiar folder and file structure of popular operating systems, the desktop application allows an advisor to move documents by simply dragging and dropping them into client folders. Documents are then securely transmitted from the advisor's desktop to a client's account at Financeware for review. The software package also features an option to automatically email a notification to a client as new documents are posted. And because FinanceFileManager Desktop utilizes encryption and secure storage to protect documents, it provides an additional level of security not found when documents are emailed to clients as attachments.
"We have a global clientele, so it is imperative that we be able to post current portfolio statements for our clients in a secure environment any time of the day or night," Loren B. Kayfetz of San Ramon, CA-based Personal Financial Consultants, said. "FinanceFileManager Desktop enables us to do this."
FinanceFileManager Desktop is available for a free 30-day trial. It can be downloaded at www.financeware.com.
About Financeware, Inc.
Based in Richmond, Va., Financeware, Inc. is powering the future of financial advice through a unique suite of online analysis and client collaboration tools for financial advisors. Founded in 1999, the company is privately held. Information about the company is available online at www.financeware.com.