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Interactive Brokers and Marstone to Provide a Fully-Integrated Digital Wealth Solution for Banks and Institutions

January 9, 2019

NEW YORK--(BUSINESS WIRE)--Jan 9, 2019--Marstone, Inc., a leading, independent digital wealth management platform, and Interactive Brokers Group, Inc. (IEX: IBKR) an automated global electronic broker, today announced the integration of their two platforms to provide a new fully-integrated, turnkey wealth management solution.

Banks and institutions looking to offer wealth management services can now leverage the strengths of both firms – Marstone’s fully customizable digital wealth platform and Interactive Brokers’ best-in-class clearing, custody, and execution services – to deliver a superior client experience.

Marstone’s platform allows financial institutions to strengthen and expand their business through digital wealth management and advisory solutions. The fully-customizable platform is a trusted, flexible solution for financial institutions of all sizes and ensures a seamless online experience for end users.

Milan Galik, President and Director, Interactive Brokers Group, said, “By pairing our superior model portfolio and back office technology with the impressive client software Marstone has built, we have created a complete solution that is ideal for any institution that wants to offer online wealth management services without adding extra operational overhead.”

For more than 40 years, Interactive Brokers has created technology to provide liquidity on better terms. The company, which serves over 593,000 clients worldwide, is known to compete on price, speed, size, diversity of global products, and advanced trading tools. Conducting its broker/dealer business on more than 120 market destinations worldwide, Interactive Brokers provides trade execution and clearing services to institutional and professional traders.

“Interactive Brokers is well known for its best-in-class trading platform and is smartly establishing the same reputation amongst other client segments through ambitious digital projects and partnerships,” said Margaret Hartigan, CEO and Founder, Marstone. “As a growing, global, and truly digital-first company, Interactive Brokers is an inspiration. They maintain an aggressive pace of innovation and believe in a future filled with empowered clients making informed decisions about their finances.”

About Marstone Marstone is a leading digital wealth management platform with a mission to enhance financial literacy, deepen financial inclusion, and humanize finance for all. Its enterprise-ready solution, Powered by Marstone TM, enables financial institutions to efficiently and affordably reach, acquire, and retain clients who seek straightforward information and engagement around their finances.

As a proven and trusted technology partner, Marstone has comprehensive integrations with custodians including Pershing, core banking platforms including Fiserv, account aggregation platforms, and investment managers. These integrations, in addition to Marstone’s partnerships with globally recognized foundations including the World Economic Forum Center for the Fourth Industrial Revolution and leadership participation in the Milken Institute’s FinTech Advisory Committee, provide organizations the opportunity to deploy a technology that will help future-proof their businesses as consumer expectations for digital wealth management evolve.

To learn more about Marstone’s offering, please visit www.marstone.com or contact us at info@marstone.com.

About Interactive Brokers Group, Inc. Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and foreign exchange around the clock on over 120 markets in numerous countries and currencies, from a single IB Universal Account℠ to clients worldwide. We service individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation has enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios at the lowest cost according to Barron’s Best Online Brokers review, March 26, 2018. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190109005087/en/

CONTACT: Pluck PR

Toni Paribello, 914-441-5464

marstone@pluckpr.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Marstone, Inc.

Copyright Business Wire 2019.

PUB: 01/09/2019 07:00 AM/DISC: 01/09/2019 07:01 AM

http://www.businesswire.com/news/home/20190109005087/en

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