SS&C solves its Axys problem -- for now -- by acquiring Modestspark

Great illustration of small firms being at the forefront of technological innovation. Large firms that have self selected not to support professional standing in advisory services will increasingly not fare well in today's rapidly changing competitive business environment which affords a far higher advisor value proposition at far lower cost than conventional brokerage. .Advisors wonder why they should give their b/d half or more of their gross revenues for inferior advisory services support. A wake-up call for large brokers who oppose fiduciary duty and professional standing in advisory services. SCW