Corporate History

Univeris Celebrates Over 14 Years of Leadership in Enterprise Wealth Management Technology

It was back in 1996 that Univeris set its vision and course to build an enterprise application enabling Total Financial Management (TFM) for Canadian financial institutions. That same year, MPS, or Money Products System, the first real-time mutual fund dealer system in Canada was launched. MPS revolutionized the mutual fund distribution market with its ability to be integrated throughout the company operations, enabling sales agents to track transactions from start to finish, as well as access contact information through integrated Practice Management functionality.

In 2004, CTA Systemsource became Univeris and MPS was renamed EWMS.

"From the very beginning our vision was to make TFM a reality for financial institutions and MPS was the first part of that vision" states Carmine Tullio, President and CEO of Univeris. "We worked very closely with our first customers back in 1996 and continue, to this day, to work with our clients to build the absolutely finest enterprise wealth management platform available" says Tullio.

With Univeris EWMS, financial services providers can rapidly develop and implement TFM strategies to gain share of investor wallet. Its success is built on a comprehensive approach to enterprise wealth management with fully integrated capabilities for manufacturing, product distribution, plan administration and channel management. Front office capabilities of EWMS provide advisors with the tools and information they need to build optimal wealth strategies for their clients.

Univeris EWMS is a world-class technology platform that boasts a number of firsts in Canadian mutual fund distribution including real-time processing, web access, RESP capabilities, built-in compliance, plus GIC and segregated funds processing capabilities. Technology innovation is one of the cornerstones of Univeris' product development strategy and through its Evergreen approach to technology, new features and capabilities transparently integrate into the platform.

Univeris, headquartered in Toronto, Canada, is a privately held company and is the leader in enterprise wealth management for the Canadian market. Founded in 1991 by Carmine Tullio, president and chief executive officer, Univeris has over 80 staff and 20 leading financial services clients representing over 17,000 financial advisors licensed on the EWMS platform. It offers the most comprehensive enterprise wealth management platform with fully integrated manufacturing, product distribution, plan administration, compliance, channel management and front office for financial advisors in the credit union, banking, insurance and investment dealer sectors.