“Our current processing platform is manually intensive and we realize that we needed to implement an outsourced solution to handle the variety of transactions that we process each month on behalf of our field force,” said Mr. David Coburn, Chief Executive Officer of Coburn & Meredith. “We looked at several solutions, but they each had limitations that Xtiva did not. In addition, we wanted a solution that enabled us to put our entire transaction base in one place so that our advisors could go to a single application for a complete picture of their compensation each and every day.”

“We are pleased that Coburn & Meredith selected us as their vendor of choice,” said Xtiva Vice President of Sales & Services, Rick Scearbo. “We know that there are other vendors that they looked at, but in the end, they realized that the Xtiva solution will provide them with the most flexibility at a competitive price point. In addition, as they continue to grow their advisor base, they can use Xtiva’s leading solution as one of the benefits for their new recruiting efforts.”

Xtiva provides the first industry-integrated approach to fully-automated compensation management, sales performance measurement, institutional client performance management and business policy management. Xtiva’s product line supports today’s need for a managed solution while meeting a wide range of business, operational, financial and technological needs. Xtiva provides clients with the tools they need to drive their businesses forward by enabling clients to:

+ Improve the quality and focus of reporting across the enterprise
+ Reduce total cost of ownership of advanced enterprise reporting solutions
+ Manage revenue and expenses more effectively
+ Bridge gaps between regulatory and financial reporting

About Coburn & Meredith

Founded in 1934, Coburn & Meredith is a full-service investment firm serving both individuals and institutions. The firm leverages its relationships with Pershing LLC (division of Bank of New York) and National Financial Services (division of Fidelity Investments) to provide its representatives and customers with the maximum flexibility and stability. The firm prides itself on its personalized approach to meeting the specific needs of its clients with advisors who act in an unbiased manner and who have a complete menu of products from which to choose for their clients. For more information, please visit www.coburnfinancial.com.

About Xtiva Financial Systems

Xtiva Financial Systems is a leading provider of hosted solutions for the financial services industry. Founded in 1998 and based in New York, Xtiva has developed state-of-the-art technologies that enable retail and institutional broker-dealers to streamline operations, from sales compensation and production reporting to supervision of advisor licensing and compliance issues. Xtiva’s portfolio of clients includes Ameriprise, AXA Advisors, MetLife, Mutual of Omaha Investor Services, New England Securities, RBC Wealth Management, Northern Trust and Walnut Street Securities. For more information about Xtiva, visit www.xtiva.com.

NEW YORK – Sept. 20, 2011 – Xtiva Financial Systems, the leading provider of enterprise-wide compensation solutions for the financial services industry, announced today that it has partnered with RJL Wealth Management (RJLWM) on a multi-year deal. RJLWM will be implementing a number of Xtiva’s automation products, including Commission Manager™, CommissionWeb™ and License Manager™ to enhance their daily operations.

“As our business continues to grow, we determined there was an immediate need to integrate a compensation solution that is able to grow with us,” said RJLWM Chief Financial Officer Brent Ribard. “We did the research and compared the options. In the end, the choice was clear. We chose Xtiva because of their strong reputation, the flexibility and reliability of their systems, and their ability to meet our desired implementation schedule. We were equally impressed by their systems’ reporting capabilities and the ability for us to customize out-of-box functionality.”

“We’re thrilled that RJL Wealth Management chose our solutions to manage critical elements of their business operations,” said Xtiva Vice President – Sales & Marketing Rick Scearbo. “Our team strives to ensure Xtiva remains on the cutting edge of fully-automated compensation solutions for the financial industry. Our partnership with RJLWM has further positioned us as the industry leader in this market.”

Xtiva provides the first industry-integrated approach to fully-automated compensation management, sales performance measurement, institutional client performance management and business policy management. Xtiva’s product line supports today’s need for a managed solution while meeting a wide range of business, operational, financial and technological needs. Xtiva provides clients with the tools they need to drive their businesses forward by enabling clients to:

+ Improve the quality and focus of reporting across the enterprise
+ Reduce total cost of ownership of advanced enterprise reporting solutions
+ Manage revenue and expenses more effectively
+ Bridge gaps between regulatory and financial reporting

###

About RJL Wealth Management
Headquartered in San Diego, RJL Wealth Management is a comprehensive wealth management firm with offices and meeting locations nationwide. RJLWM strives to help clients retire in comfort and safety by utilizing Raymond J. Lucia’s Buckets of Money® retirement strategy. This strategy has been applied to individuals, multi-generational families, foundations, corporations and retirement plans. RJLWM is headed by Raymond J. Lucia, Jr. CPA and a diverse management team. For more information about RJL Wealth Management, visit www.rjlwm.com.

About Xtiva Financial Systems
Xtiva Financial Systems is a leading provider of hosted solutions for the financial services industry. Founded in 1998 and based in New York, Xtiva has developed state-of-the-art technologies that enable retail and institutional broker-dealers to streamline operations, from sales compensation and production reporting to supervision of advisor licensing and compliance issues. Xtiva’s portfolio of clients includes Ameriprise, AXA Advisors, MetLife, Mutual of Omaha Investor Services, New England Securities, RBC Wealth Management, Northern Trust, UBS and Walnut Street Securities. For more information about Xtiva, visit www.xtiva.com.

“It was critical for us to have the best possible sales compensation and production reporting toolset for our advisors,” said Joseph Larizza, Chief Administrative Officer, Fieldpoint Private. “With our recent acquisition of Nutmeg Securities LLC, we are significantly expanding our service offering. Therefore, our advisors will now have more updated information on their current production and a better understanding of exactly what they have produced. Xtiva will assist us in ensuring that we provide an industry-leading solution. After an in-depth search, we found that Xtiva’s suite provided the functionality and the flexibility we require.”

“We are very pleased that Fieldpoint Private chose us as their partner for sales compensation,” said Rick Scearbo, Vice President – Sales & Marketing at Xtiva. “Every day we prove our ability to service the needs of all types and sizes of firms. Fieldpoint Private’s decision further cements our position as a leader for pure-play compensation solutions in the financial services industry.”

Xtiva provides the first industry-integrated approach to truly integrated compensation management, sales performance measurement, institutional client performance management and business policy management. Xtiva’s offering supports today’s needs for a managed solution in meeting a wide range of business, operations, finance, and technology needs. Xtiva provides clients with the tools they need to drive their businesses forward by enabling clients to:

+ Improve the quality and focus of reporting across the enterprise
+ Reduce total cost of ownership of advanced enterprise reporting solutions
+ Manage revenue and expenses more effectively
+ Bridge gaps between regulatory and financial reporting

###

About Fieldpoint Private Bank & Trust
Fieldpoint Private Bank & Trust (www.fieldpointprivate.com) located in Greenwich, Connecticut, is a boutique financial firm providing the highest degree of personalized, confidential wealth planning and private banking services. Catering to highly successful individuals, families, businesses and institutions, Fieldpoint Private offers a powerful combination of Wealth Management and strategy, Family Office, Private Banking and Business Banking services addressing every financial need for each of our Members including: Wealth Transfer Advice, Tax Planning, Aggregation and Performance Reporting, Risk Management, Goals‐Based Investing Strategies, Sophisticated Investment Selection, Discreet and Personalized Banking, Highly Customized Credit Solutions, Custom Custody And Trust Solutions, Highly Attentive/Responsive Service and Concierge Services.

About Xtiva Financial Systems
Xtiva Financial Systems is a leading provider of hosted solutions for the brokerage industry. Founded in 1998 and based in New York City, Xtiva has developed state-of-the-art technologies that enable retail and institutional broker/dealers to streamline operations, from sales compensation and production reporting to supervision of advisor licensing and compliance issues. With over 90 clients and key industry alliances, Xtiva is the leading provider of sales compensation solutions to the brokerage industry. Xtiva’s clients include Ameriprise, AXA Advisors, MetLife, Mutual of Omaha Investor Services, New England Securities, RBC Wealth Management, Northern Trust, UBS and Walnut Street Securities.

NEW YORK – July 1, 2011 – Xtiva Financial Systems, the leading provider of enterprise-wide business and technology solutions for the financial services industry, announced today that co-founder James Iacabucci has re-joined the Management Team.

In addition to his years of experience helping to build Xtiva’s original product solution set, Mr. Iacabucci brings a tremendous amount of software development and information technology experience with him to the Company. As Xtiva’s Solutions Architect, Mr. Iacabucci is responsible for providing and deploying technical architectures that add value to Xtiva solutions, analyzing new technologies to address key market opportunities, and working across all levels of the Xtiva organization to translate market requirements into profitable market-leading solutions. Mr. Iacabucci has been a member of the Board of Directors for Xtiva Financial Systems since its inception. Most recently, Mr. Iacabucci was COO of BroadwebAsia, a social media firm started by MySpace founder Brad Greenspan that focused on building a large network of social network, online video and advertising Internet companies through acquisitions and strategic partnerships.

“James has been recognized as a technology leader in the industry and it’s thrilling to have someone of his caliber back on the team,” said Thomas Moysak, Chief Executive Officer. “James will help to strengthen Xtiva’s foothold in the industry and is a great asset to Xtiva clients and our employees. What a tremendous statement it makes to say that the co-founder believes so much in what we are building to come back and help us get to the next level.”

Xtiva provides the first industry-integrated approach to truly integrated compensation management, sales performance measurement, institutional client performance management and business policy management. Xtiva’s offering supports today’s needs for a managed solution in meeting a wide range of business, operations, finance, and technology needs. Xtiva provides clients with the tools they need to drive their businesses forward by enabling clients to:

+ Improve the quality and focus of reporting across the enterprise
+ Reduce total cost of ownership of advanced enterprise reporting solutions
+ Manage revenue and expenses more effectively
+ Bridge gaps between regulatory and financial reporting

About Xtiva Financial Systems

Xtiva Financial Systems is a leading provider of hosted solutions for the brokerage industry. Founded in 1998 and based in New York City, Xtiva has developed state-of-the-art technologies that enable retail and institutional broker/dealers to streamline operations, from sales compensation and production reporting to supervision of advisor licensing and compliance issues. With over 90 clients and key industry alliances, Xtiva is the leading provider of sales compensation solutions to the brokerage industry. Xtiva’s clients include Ameriprise, AXA Advisors, MetLife, Mutual of Omaha Investor Services, New England Securities, RBC Wealth Management, Northern Trust, UBS, and Walnut Street Securities. For more information about Xtiva, visit www.xtiva.com.

Mr. Brown will be responsible for managing the implementation, execution, and delivery of all Xtiva Financial Services propriety software developments. He will provide technical leadership in architecture, design, and development over all proprietary enterprise applications and end-to-end integrated software solutions. Mr. Brown brings with him to Xtiva over 13 years of experience in application and SaaS development, specializing in full SDLC, P&L and vendor management. Prior to joining Xtiva, Mr. Brown provided business process improvement and technology strategy solutions for small and medium sized businesses, acted as an Operations Engineer for HGTV’s FrontDoor.com and led core aspects of operations for Proximity Match Mobile as Director of Development & Operations.

“We are very excited to have Michael join our team,” said Thomas Moysak, Chief Executive Officer. “Michael has a lot of experience and will be a big asset for us as we enter what will be a tremendous phase of growth and transformation. He is a great asset and completes our executive team in time for the next generation of the company.” “Xtiva is facing some amazing opportunities and I am very excited to be a part of their team,” said Michael Brown. “I am confident we will far exceed our goals and expectations as we move forward.”

Xtiva provides the first industry-integrated approach to truly integrated compensation management, sales performance measurement, institutional client performance management and business policy management. Xtiva’s offering supports today’s needs for a managed solution in meeting a wide range of business, operations, finance, and technology needs. Xtiva provides clients with the tools they need to drive their businesses forward by enabling clients to:

+ Improve the quality and focus of reporting across the enterprise
+ Reduce total cost of ownership of advanced enterprise reporting solutions
+ Manage revenue and expenses more effectively
+ Bridge gaps between regulatory and financial reporting

About Xtiva Financial Systems

Xtiva Financial Systems is a leading provider of hosted solutions for the brokerage industry. Founded in 1998 and based in New York City, Xtiva has developed state-of-the-art technologies that enable retail and institutional broker/dealers to streamline operations, from sales compensation and production reporting to supervision of advisor licensing and compliance issues. With over 90 clients and key industry alliances, Xtiva is the leading provider of sales compensation solutions to the brokerage industry.

Xtiva’s clients include Ameriprise, AXA Advisors, Key Bank, MetLife, Mutual of Omaha Investor Services, New England Securities, RBC Wealth Management, Northern Trust, UBS, and Walnut Street Securities. For more information about Xtiva, visit www.xtiva.com.

NEW YORK – May 30, 2011 — Xtiva Financial Systems, a leading sales compensation software company, announced today its trade processing activity grew by 84% across its client base in 2010.

“Our solutions are scalable to accommodate our clients’ needs providing greater productivity,” said Rick Scearbo, Vice President of Sales & Services at Xtiva.  “In today’s demanding environment, capital market firms are not equipped to efficiently handle complex incentive compensation business requirements while increasing their operational efficiencies. In a wide range of business, operations, finance, and technology needs, our software is able to provide clients with an all encompassing solution to drive their businesses forward while reducing total cost of ownership”

Xtiva provides the first industry-integrated approach to truly integrated compensation management sales performance measurement, institutional client performance management and business policy management.

“We place a significant emphasis on going beyond the expectations of our clients and their current needs,” said Thomas Moysak, Xtiva’s CEO. “Our client satisfaction is reflected in our growth over the last twelve months and we will continue to innovate the industry in order to provide our clients with tools they can use to better grow their business.”

About Xtiva Financial Systems

Xtiva Financial Systems is a leading provider of hosted solutions for the brokerage industry. Founded in 1998 and based in New York City, Xtiva has developed state-of-the-art technologies that enable retail and institutional broker/dealers to streamline operations, from sales compensation and production reporting to supervision of advisor licensing and compliance issues. With over 90 clients and key industry alliances, Xtiva is the leading provider of sales compensation solutions to the brokerage industry. Xtiva’s clients include Ameriprise, AXA Advisors, MetLife, Mutual of Omaha Investor Services, New England Securities, RBC Wealth Management, Northern Trust, UBS, and Walnut Street Securities. For more information about Xtiva, visit www.xtiva.com.

Xtiva offers applications, maintenance and upgrades in a multi-tenant SaaS hybrid model.  Our platform saves client resources and expenses through a service-oriented and results-oriented solution with:

• High-configuration options that reduce the need for custom coding
• Deep integration options that improve on/off-premise systems
• White-label branding options that strengthen a firm’s brand

High-capacity ASP hosting

Industrial-strength communications services

Managed file services

Data integration services

Data management services

Testing services

Historical data transformation services

Industry, federal and state regulatory compliance

The way we support our clients is as important as the solutions we provide.  Our mature service organization delivers unparalleled and pro-active client support. We expect to hear from you, and when we don’t you’ll hear from us.  Xtiva’s customer relationships are not just about service and responsiveness.  They are about partnership.

• Where are you trying to take your business?
• What trends are impacting your market niche?   
• What best-practices are other broker-dealers finding successful?
• Are you succeeding at differentiating your internal brand? 

Xtiva’s Relationship Management Services group provides strategic support to help broker-dealers grow profitably.  With seasoned experts who understand how to optimize broker-dealer compensation services to improve a firm’s internal brand, Xtiva’s relationship managers help broker-dealers improve performance, adapt to change, take advantage of opportunities and achieve service levels that help attract and retain top producers.

The way we implement our solutions is as important as the products and services we provide.  Every client faces different challenges in the way they execute their business plan.  Understanding and appreciating those differences is the key to a successful project.

Xtiva offers a wide range of professional services to meet the business objectives and requirements of our clients: business analysis, project management, product development, network connectivity and design, user acceptance testing, go-live support, pay-cycle support, training and more.  From working with formal Project Management Office teams to working with multi-tasking operations staff, from in-depth project plans to fast-paced accelerated projects, Xtiva’s Professional Services project managers are experts at gathering requirements and sharing ideas that successfully meet and exceed client goals.

With Xtiva’s experience across 100’s of brokerage firms and virtually every broker-dealer business model, broker-dealers Count on Us^sm to collaboratively  identify the right solutions, the right best practices and the right results for their businesses.

Cornerstones of Xtiva projects

• Understanding objectives and correctly defining challenges
  
• Forecasting appropriate resource requirements
• Setting measurable goals and milestones
  
• Providing frequent progress reports
• Tracking accountability for commitments
  
• Building successful long-term business relationships

A Business Analyst (BA) is a Client Services Group position that resides within the Professional Services Department and supports professional services and production support. The Business Analyst is expected to:

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Senior Sales Executive

The Senior Sales Executive operates as a member of the sales team and is primarily responsible for achievement of sales targets and the implementation of the sales strategies as set out by Xtiva Management. The Senior Sales Executive is responsible for driving the sales cycle from initial contact to signing of the deal, and then maintaining a good client relationship going forward.

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Sales Executive

The Sales Executive operates as a member of the sales team and is primarily responsible for achievement of sales targets and the implementation of the sales strategies as set out by Xtiva Management. The Sales Executive is responsible for driving the sales cycle from initial contact to signing of the deal, and then maintaining a good client relationship going forward.

(View Job Description)