Thomson Financial continued to add functionality to its strategic wealth management platform last month with an agreement to offer Scivantage’s account management capabilities to its Thomson One Wealth Management system. The move is the latest in a series that has seen Thomson look outside for additional functionality for what it has identified as a strategic area of its overall business.

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Salesforce.com this month unveiled plans for a wealth management edition of its CRM capabilities, based around a so-called circle of success – the group of vendor organizations with which it has worked to implement the 25,000-position Merrill Lynch branch network. This circle includes Thomson Financial, Dow Jones, Cisco and Dell.

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Spotfire Inc., a provider of visual analytical software, has launched Spotfire Asset Management, a data management and display application that helps buy-side managers, analysts and traders create visual displays of market, client and other data used in the investment process. The 10-year-old U.S./Swedish company, with a background in life sciences, oil and gas, and the intelligence services, is seeking to capitalize on the growing requirement for better ways to deal with the huge amount of data at the disposal of portfolio managers.

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Thomson Financial jumped headlong into the private client investment management space this month with the acquisition of Belgium-based eXimius N.V. The purchase positions Thomson squarely in the private banking and wealth management marketplace, with a front-office integration offering that ultimately will itself be integrated with the Thomson ONE delivery platform.

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