TD Ameritrade announced Monday that it has enhanced its rebalancing platform, iRebal, to improve accuracy and make the system more efficient. Advisors can now enter orders directly to Veo, the firm’s trading platform, from iRebal.
“An advisor placing trades in iRebal to the Veo platform will immediately realize time savings by reconciling clients’ accounts directly in the platform,” Justin Di Filippo, senior product manager of iRebal at TD Ameritrade Institutional, said in a statement.
“We’ve eliminated inefficiencies typically associated with the rebalancing process, including the need to export trade files and move back and forth between different technologies and platforms. This time-consuming process can now be executed with a click of a button thanks to an integration using Veo Open Access capabilities.”