New tiered pricing model makes company’s enterprise-grade solution affordable for smaller money managers.
San Diego, CA – June 1, 2015 – Seismic, the leading provider of automation solutions that help marketing teams deliver world-class client experiences, today announced that it is winning an average of one new asset management customer per week.
In addition to the significant productivity gains Seismic provides to marketing and distribution teams, its increased market momentum is partly due to new, tiered pricing the company introduced earlier this year. Seismic’s enterprise grade solution to date has been used primarily by large firms, including five of the top 15 asset management firms. The new pricing model, which is based on a firm’s assets under management, makes Seismic’s cloud-based software affordable for firms with as little as $1 billion of AUM.
Seismic’s solution allows financial services firms to automatically generate personalized, up-to-date, and compliant marketing and presentation materials in minutes. Distribution teams, relationship managers and advisors can deliver those materials to clients and prospects via any device. In addition, the turn-key onboarding process puts Seismic’s clients into full production within eight weeks.
“We’re delighted to see that our new tiered pricing has really resonated in the marketplace,” said Doug Winter, chief executive officer at Seismic. “Asset and wealth management firms know that a tremendous amount of time and productivity is lost in creating materials for client reports and presentations. The only difference between a $1 billion asset manager and a $1 trillion manager is the scale of the problem. Now all these managers can benefit from Seismic.”
A key component of the Seismic platform is its unique LiveDocs® feature, which enables asset management and wealth advisory firms to automate production of their marketing and distribution materials. With LiveDocs®, firms can reduce the time it takes them to produce updated and compliant materials from several weeks down to minutes. From updating fund fact sheets after quarter close, to producing client review materials, to building customized pitchbooks, Seismic’s automated content generation saves marketing teams significant amounts of time and lets distribution teams spend more time in front of prospects and clients.
“Our solution helps marketing and distribution teams deliver higher-quality client experiences and respond more quickly to new opportunities,” added Winter. “Seismic frees up marketing and distribution teams so they can spend more time focusing on growing their businesses and strengthening client relationships.”
Seismic provides the leading automation solution that enables institutional asset management and wealth management firms to deliver world-class client experiences. Seismic’s cloud-based software allows relationship managers and advisers to automatically generate personalized, up-to-date and compliant client materials in seconds, from any device. With offices in San Diego, Boston, New York and Melbourne, Australia, Seismic is privately held by its three-time serial entrepreneur executive team and leading venture capital firms JMI Equity and Sigma West.