NextStage News

Lumesis Lands Pershing

Lumesis Announces Strategic Relationship with Pershing LLC

DIVER Advisor Muni Bond Report To Be Integrated Into Pershing’s BondCentral® Platform

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We are delighted to be working with an industry leader like Pershing to ensure that their clients have access to the most current information...

Stamford, CT (PRWEB) May 05, 2015

Lumesis, Inc., a leading provider of business efficiency, regulatory compliance and data solutions for the municipal market has announced a new strategic relationship with Pershing, a BNY Mellon company, that will give immediate access to DIVER Advisor’s municipal bond reports and compliance solutions to Pershing clients. The content integration into Pershing’s platform for broker-dealers, wealth managers and advisors will provide these Pershing clients with immediate access to required information for disclosure and ongoing portfolio surveillance.

“We are delighted to be working with an industry leader like Pershing to ensure that their clients have access to the most current information, whether they are providing required information to retail and non-SMMP clients for primary or secondary market trades, or conducting research,” said Gregg L. Bienstock, Esq., CEO and Co-Founder of Lumesis.

DIVER Advisor was developed to help the muni bond industry leverage technology to stay ahead of a changing compliance landscape. “Integration into the Pershing workflow makes research and compliance with time-of-trade, supervision and suitability rules simple and seamless,” said Tim Stevens, CFA, President, COO and Co-Founder of Lumesis.

“We’re pleased to be the first clearing and custody provider to make DIVER Advisor available, at no cost, to our clients. With DIVER Advisor Muni Bond Reports fully integrated into Pershing’s BondCentral workflow, it’s easy for advisors to get the most current muni bond information they need, when they need it,” says John Vrettos, Director of Fixed Income Business Development at Pershing. “In conjunction with other guardrails that come out of the box with Pershing’s platform, advisors and their firms can now incorporate municipal bonds into their practices with increased confidence thanks to DIVER Advisor.”

About Lumesis 
Lumesis, Inc. is a financial technology company focused on providing business efficiency, data and regulatory solutions to the municipal bond marketplace. Founded in 2010, Lumesis is completely dedicated to serving the municipal market with industry-leading analysis and compliance solutions that meet the needs of an evolving regulatory environment. Today, the company’s DIVER platform helps hundreds of firms with over 40,000 users efficiently meet credit, regulatory and risk needs. Lumesis investors include Safeguard Scientifics, Inc. (NYSE:SFE) Learn more at

About Pershing 
Pershing and its affiliates provide global financial business solutions to advisors, asset managers, broker-dealers, family offices, registered investment advisor firms and wealth managers. A financial services firm located in 23 offices worldwide, Pershing provides business-to-business solutions to clients representing 5.8 million active investor accounts on the U.S. platform. Pershing affiliates are members of every major U.S. securities exchange, and its international affiliates are members of the Deutsche Börse, Australian Stock Exchange, Irish Stock Exchange, London Stock Exchange and Toronto Stock Exchange. Pershing LLC (member FINRA/NYSE/SIPC) is a BNY Mellon company. Additional information is available on, or follow us on Twitter @Pershing.

About BNY Mellon 
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of March 31, 2015, BNY Mellon had $28.5 trillion in assets under custody and/or administration, and $1.7 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on, or follow us on Twitter @BNYMellon.

Sidecar Introduces Industry Leading Offering


The SaaS firm's latest release changes the Google Shopping game by intelligently grouping products based on key performance metrics, ensuring that every product has the right bid at the right time.

PHILADELPHIA, Feb. 18, 2015Sidecar, the only fully automated technology for grouping and bidding products in Google Shopping campaigns, today announced product enhancements that take precision bidding to the next level. The new release brings Intelligent Product Grouping functionality to the channel; a proprietary feature that groups products based on key performance metrics and product data, continuously adjusting bids to maximize revenue and profitability.

The Sidecar release solves one of the biggest challenges e-commerce marketers face when trying to optimize their Google Shopping campaigns; assigning the right bid to every product at the right time. Currently, most retailers are too resource-constrained to group products beyond Google's default controls, such as brand or category, resulting in wasted ad spend or missed revenue opportunities. Even retailers that group by margin leave opportunities on the table by not considering key product performance metrics in bid strategies.

Sidecar changes that with Intelligent Product Grouping.  Working in tandem with Sidecar's existing automated bidding functionality, the new best-in-class technology evaluates every SKU in a retailer's catalog and dynamically groups products based on performance and a retailer's unique business and return goals.

"E-commerce marketers are investing heavily in the Google Shopping channel, but some are seeing plateauing results and are trying to determine how to increase volume and efficiency," said Andre Golsorkhi, founder and CEO of Sidecar. "Google Shopping is a unique channel that requires a shift in the approach from content-driven channels like text advertising. Success in product level advertising has little to do with content, and nearly everything to do with math; calculating the right bid for the right product at the right time.  Sidecar was built specifically to solve this challenge, by programmatically leveraging key performance metrics and product data to deliver maximum gains in Google Shopping."

(How is your PLA campaign really performing?  Click here for a no-cost effectiveness report of your existing campaign)

The release also features the debut of the Sidecar Dashboard, providing marketers with an intuitive, measurable view of how Sidecar is improving campaign performance in the Google Shopping channel. The dashboard also surfaces valuable data, revealing recent trends and opportunities marketers might not otherwise uncover in their catalog. The Dashboard highlights high and low performing products and brands according to KPIs (click-through rate, conversion rate, and cost/sale), giving marketers more information and context to make merchandising decisions on the site.

Other features include:

  • Mobile Optimization: Mobile traffic in the channel is an enormous opportunity, and growing. Sidecar automatically optimizes mobile bid adjustments to capture the mobile growth market while still performing to a retailer's specific return goal.
  • Automated Feed Optimization: Feed content optimization is just one piece of the Google Shopping puzzle, but well-defined titles and descriptions ensure that your customers will find the exact product they're looking for. Sidecar optimizes feed titles with relevant product attributes that increase impressions for maximum campaign impact.  

This Sidecar release follows a year of significant growth and innovation for Sidecar.  In 2014, it added a bevy of world-class e-commerce brands to its client roster, including Nomorerack, Internet Retailer's 2015 digital marketer of the year, and also raised additional growth capital led by Osage Venture Partners

Media Contact: Marifran Ritchie, 484-680-1213,  This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

Topics: Product level adse-commercedata-driven marketingPLAse-commerce marketingautomated marketingGoogle Shoppingmobile e-commerceprogramatic marketing

Lumesis Expands With Key Talent

Lumesis, Inc. Announces Two Key Hires

Steve McLaughlin and Stacey Virzi Join Fast-Growing Municipal Market Data and Software Firm

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Stamford, CT (PRWEB) January 14, 2015

Lumesis Inc., the municipal market software and data firm delivering business efficiencies and regulatory support, announced that Steve McLaughlin has joined the company as Managing Director of Business Development and Stacey Virzi as Director of Client Services. Both hires bring a wealth of client and industry experience to the fast-growing company and strengthen the breadth and expertise of the team.

“We are delighted to welcome Stacey and Steve to the Lumesis team,” said Gregg L. Bienstock Esq. CEO and Co-Founder of Lumesis. “These two hires are a critical part of our continued growth and will help us serve our expanding client base and bring the DIVER by Lumesis solutions to a wider market.”

Steve McLaughlin has two and a half decades of experience in the municipal bond industry working with muni market buy-side credit analysts, sell-side dealers, regulators, and research analysts. Prior to joining Lumesis, Steve was a managing director and national sales manager at Municipal Market Analytics (MMA) where he was responsible for building the sales and educational platform for MMA’s research, data products, and consulting business. Prior to MMA, Steve was the Lead Fixed Income Portfolio Manager for FCG Advisors LLC. Steve has also served as a Director and Head of Institutional Municipal Bond Distribution at Bank of New York and was an advisory board member of which is an independent firm specializing in municipal pricing data and research. “Given my years in the muni marketplace, I understand how beneficial the Lumesis solutions can be from both an analytical and a compliance perspective. Our industry is changing and I am looking forward to helping our clients embrace that change and become more efficient in the process,” said McLaughlin.

“Steve brings the kind of deep market understanding to Lumesis that we need to best meet the needs of the ever-evolving municipal bond market,” said Bienstock.

Stacey Virzi joins Lumesis as an experienced client services executive with deep expertise in financial services and data businesses. She has over 11 years developing and managing a client service department and has experience working with all types and sizes of firms and end users. “Stacey brings a consultative approach to our clients and can help ensure they are leveraging the DIVER platform to its fullest potential while also offering new strategies based on the unique ways clients view the market,” said Bienstock. Most recently, she was the VP of Client Services for Virzi also has worked in operations and marketing roles and holds A BA from Rutgers University.

"I am pleased to be joining Lumesis at a key point in the growth and development of the company. We have top-tier clients and products and the company continues to innovate around and expand the DIVER solutions to better serve the municipal bond marketplace. I look forward to continuing to build out a world class service and support organization to address the needs of all of our subscription and solution clients," said Virzi.

About Lumesis Inc. 
Founded in 2010, Lumesis, Inc. is a financial technology company focused on providing business efficiency, data and regulatory solutions for the Municipal marketplace under the DIVER brand. Providing access to hundreds of datasets, DIVER solutions are tailored to address the unique needs of the municipal bond market.

Agilence Wins at Coborn

Coborn’s Incorporates Cloud-Based Exception Reporting Solution to Reduce Fraud and Increase Efficiency

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The employee-owned grocer will utilize Retail 20/20 to improve in-store operations throughout their 120 plus locations

Coborn'sMOUNT LAUREL, NJ, October 7, 2014 – Agilence, Inc., the leader in cloud-based exception reporting solutions, today announced that Coborn’s will deploy the Retail 20/20 exception reporting solution to reduce shrink and improve in-store operations.  Minnesota-based Coborn’s grocery chain operates 120+ retail locations in Minnesota, North Dakota, South Dakota, Iowa, Illinois, and Wisconsin.  Retail 20/20 promises to reduce fraud and increase efficiency for the grocer as soon as the software is engaged.

“We needed a solution that was dynamic enough to analyze our vast amounts of data, yet flexible enough to integrate with our different POS terminals,” said Matt Larson, Director of Loss Control & Compliance, Coborn’s, Inc.  “As we continue to grow Retail 20/20 will help us become a much more efficient organization, allowing us to concentrate more of our energy on business strategy.”

“We can provide Coborn’s with the flexibility they have been looking for in a powerful solution that allows them to make informed decisions faster,” said Russ Hawkins, CEO, Agilence, Inc.  “Coborn’s is another validation to the success of Retail 20/20, and we welcome them to our family.”

About Agilence

) is the industry leader in next-generation exception-based reporting solutions for retail loss prevention and operations.  Agilence develops Retail 20/20™, a highly flexible and powerful, cloud-based reporting solution that provides visibility into daily store operations to reduce fraud and operational inefficiencies.  Retail 20/20 provides users with a complete view of their business, empowering them to make informed decisions faster, to increase efficiency and improve profit margins across the enterprise.  Founded in 2006, Agilence, Inc. is headquartered in Mount Laurel, NJ. To learn more about Agilence, please email This e-mail address is being protected from spambots. You need JavaScript enabled to view it. or call 856-366-1200.



Adam J. Creamer


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Agilence Raises Fresh Growth Capital

Nextstage Capital-backed Agilence Raises $1 Million

Agilence Inc. has closed an $1 million offering of debt and convertible notes, raising the amount from seven investors, according to an SEC filing.

The Mount Laurel, N.J. company, according to Crunchbase, has previously received $13.2 million from five rounds including $4.2 million in Series C funding in 2012. Its investors include Aster Capital, based in Paris; and Audubon, Pa.-based Nextstage Capital.

Agilence provides exception-based reporting solutions to help retailers prevent fraud and cut losses. Its Retail 20/20, an intelligent store-level reporting video synchronization technology, provides visibility into daily store operations, reducing fraud and raising efficiency.

Founded in 2006, Agilence is led led by President and CEO Russ Hawkins. Prior to Agilence, Hawkins was president and CEO of SilverStorm Technologies, a developer and manufacturer of computer networking equipment. In 2006, he sold SilverStorm to QLogic Corp. Prior to SilverStorm, he was the president and CEO of Paragon Networks, a developer of wide area backhaul solutions for wireless networks, which he sold to Carrier Access Corporation in 2003.

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Waywire - New Patent and New COO

Waywire Grows Channel Network, Names New COO to Continue Building
 / Jul 15, 2014 - The VideoInk


Video curation and discovery service Waywire believes it can be the “program guide” for digital video, and in doing so, solve the video discovery problem that continues to plague the industry.

To accomplish this, Waywire has been rolling out curated video channels, some tied to individual content brands and others that focus on specific genres, topics, or interests. Users are able to follow these channels via a simple user interface (see below), which helps them create a personalized guide to access the content they want to watch from the sources and curators they are interested in following.

Waywire’s network has grown to hundreds of channels since the beginning of the year. The service isn’t looking to slow down anytime soon, either, announcing this morning the addition of a bulk of new channels and a new chief operating officer to oversee all of the growth.

waywire program guideEighty-five new brand-focused channels are now available on Waywire, including those for Al Jazeera, RT America, DanceOn, and Maker Camp, as well as several for YouTubers likeMakeupbyMandy24 (real name: Amanda Steele).

In addition, Waywire has expanded its roster of expert curators to 25. These individuals are responsible for managing Waywire’s network of curated content hubs, which go beyond simply offering video content around a particular brand or topic. In addition to video, these channels feature relevant social and RSS feeds and photos, as well as several community options to keep followers entertained and engaged.

Waywire is careful to manage its network of channels to ensure a healthy balance between “web-discovered” branded channels and curated channels, says Steve Rosenbaum, CEO of Magnify Networks, which acquired Waywire last fall.

That said, Waywire’s hand-curated offering is a major part of the service’s growth strategy. Even with 25 curators on board, the service will continue to add 2-4 new curators a week through the fall, says Rosenbaum.

Overseeing all of this will be new Waywire COO Todd Tarpley, who joined the service a few weeks ago. “We were looking for someone who had a background in cable television and quality niche publishing,” says Rosenbaum. On this front, Tarpley has plenty of experience, having previously served as GM of digital at Meredith’s Parents Network, VP of online at Nielsen, and VP of interactive at A+E Networks.

Those are not the only updates from Waywire, though.

On the monetization side, Waywire has also been awarded a patent for its “Pre-Roll Everywhere” technology, which enables clients that use the service’s curation platform to run ads as interstitial units before a third-party video is pulled up and starts playing. The PRE patent builds off Waywire’s “Video Channel Creation” patent, which makes it possible for publishers, brands, and websites to create collections of video content that they can curate, share, and monetize.

Sidecar Raises Fresh $3.1M From NextStage and Others

FROM Citibizlist - Philadelphia / June 17, 2014

According to an amended SEC filing, Philadelphia-based Sidecar Interactive, Inc. has raised $3.1 million from 16 investors via sale of shares and warrants. An earlier filing in January reported raising $1 million from 14 investors.

The lead investor in the current round of funding, according to Crunchbase, was Bala Cynwyd, PA.-based Osage Venture Partners.

Sidecar has previously received $5 million from three rounds of funding, including $2.5 million in Series-A funding in 2011. Investors include New York-based ARC Angel Fund, and four Pennsylvania-based firms – Nextstage Capital, Robin Hood Ventures, Gabriel Investments, and MAG Fund.

Philadelphia-based Sidecar is a fully automated online marketing platform that offers customer acquisition, conversion and retention for online retailers, big and small. The company uses online information like product performance, product availability, competitive pricing, external user demand, channel performance and ROI data to generate data-backed marketing decisions for its clients.

Sidecar was founded in 2010 by CEO Andre Golsorkhi. According to his profile on LinkedIn, prior to founding Sidecar, Golsorkhi was the CEO and founder of Snipi Inc. a patented system for people to save their interests while browsing anywhere online. 

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Lumesis Reports Record User Growth


 Lumesis, Inc. Reports Record Growth in User Base Prompted by New Time-of-Trade Disclosure Rule

Municipal Compliance Solution Reaches 30,000 Users as Protection of the Retail and Non-Sophisticated Market Participant Continues to be of Importance to Regulators

 Stamford, CT (PRWEB) June 11, 2014

 Lumesis Inc., a financial services software firm providing business efficiency, regulatory and data solutions for the municipal bond marketplace under the DIVER brand, announced today that their DIVER Advisor active user base has grown by a factor of 5.5x (alternative: has grown 550%) since the SEC approved the MSRB’s New Time-of-Trade Disclosure (Rule G-47), and amended Suitability (Rule G-19) rules on March 7, 2014. The Advisor platform is now generating tens of thousands of bond reports per month and registering, on average, two Municipal Bond Reports for every trade. These actions highlight the fact that Financial Advisors, Sales and Traders, are using the bond reports for research purposes, as well as for business efficiency and regulatory adherence purposes at or before the time of trade.

“The introduction of the new and amended rules is prompting many firms to re-examine policies, procedures and what is actually being done when a municipal bond is bought or sold to ensure compliance. This is especially important in this environment of heightened regulatory scrutiny,” said Gregg L. Bienstock Esq., CEO and Co-Founder, Lumesis. “The rapid growth of our user base and the surge in Municipal Bond Report generation validates the platform’s ability to support regulatory needs and demonstrates its capacity to increase business efficiency and enhance client service. We are excited to see our platform become the standard in municipal Time-of-Trade Disclosure.”

 President, COO and Co-Founder of Lumesis Tim Stevens, CFA added, “As we built Advisor, we engaged client and market participants to ensure the platform was versatile and addressed both regulatory and business needs. The Advisor platform leverages our core competencies in data and software development. These two critical proficiencies, combined with our municipal market expertise and commitment to meeting our clients’ needs, allow us to bring products with significant value to the municipal market.”

 The Advisor platform was created to address the time-consuming and clarified requirements for Time-of-Trade Disclosure Obligation, Suitably determinations and Supervision requirements for municipal bonds. Municipal Bond Reports, which are at the core of the platform, aggregate key data and information for every municipal bond.

 Demand for the Advisor platform along with the topical evolution of regulatory requirements prompted Lumesis to launch a series of thought leadership webinars focusing on the new and amended rules. To participate in the upcoming virtual event “Regulatory Requirements and Technology” scheduled for June 12 at 2 p.m. ET Register Here.

 Founded in 2010, Lumesis, Inc. is a financial technology company focused on providing business efficiency, data and regulatory solutions for the municipal marketplace under the DIVER brand. Providing access to hundreds of datasets, DIVER solutions leverage the most current economic and demographic data available from both public and private sources, combine that with security master file data, credit ratings, continuing disclosures, price and yield data, news links and more. Our solutions are tailored to address the unique needs of our clients comprised of U.S. Banks, Broker/Dealers, Asset Managers, Insurance Companies, Hedge Funds and others.

Media Contact:

Dalia Valdajevaite


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Agilence Announces New Product For Retail Industry

Enables automated notification of exception events and provides workflow tools for compliance

MOUNT LAUREL, NJ, April 8, 2014– Agilence, Inc., the leader in cloud-based exception reporting solutions for retail, today announced the release of ACT, Automated Compliance Tool, for Retail 20/20.  ACT enables retailers to define alert triggers based on individual events, summary data or KPIs and to create workflows for triaging and reporting on the subsequent alerts.  ACT is a highly sophisticated yet intuitively simple application that automatically monitors incoming data for specific user defined exception events and provides automated notification and workflows for each alert.  These alerts are coupled with supporting information and sent directly to store managers and other field personnel for investigation.

“ACT is a major step forward in the evolution of exception reporting,” said Derek M. Rodner, VP of Product Strategy, Agilence, Inc.  “The solution delivers unprecedented results and our customers are already seeing significant improvements in efficiency with its automated notification and workflow management capabilities.”

  • Rules-Based Compliance Engine:  ACT has a sophisticated rules engine that enables retailers to define complex monitors that include multiple data sets and vary the thresholds by region, district, risk class, store, etc., along with frequencies including: daily, weekly, and monthly
  • Automated notification:  The new engine also enables email & SMS notifications to be sent to multiple roles and users based on severity so that users only need to react  if exceptions are identified and assigned.
  • Workflows and Reporting:  Each alert includes a specific action and recommended resolution. Tracking of alerts resolved and unresolved provides the basis for compliance management, enabling district managers and corporate-level users to monitor their direct reports and verify that alerts are being acknowledged and investigated.

About Agilence

Agilence is the industry leader in next-generation exception-based reporting solutions for retail loss prevention and operations.  Agilence develops Retail 20/20™, a highly flexible and powerful, cloud-based reporting solution that provides visibility into daily store operations to reduce fraud and operational inefficiencies.  Retail 20/20 provides users with a complete view of their business, empowering them to make informed decisions faster, to increase efficiency and improve profit margins across the enterprise.  Founded in 2006, Agilence, Inc. is headquartered in Mount Laurel, NJ. To learn more about Agilence, please email This e-mail address is being protected from spambots. You need JavaScript enabled to view it. or call 856-366-1200.

Magnify Wins Big Overseas

Magnify now powers BBC video content

At, our core mission is to serve the community with the best video selection that exists on the internet and to make the process of curated collections as simple and effective as humanly possible. We’ve embarked on a great journey over the past year; form acquisitions, hires, space growth to partnerships, its fact to say there has been growth.

In the past year we partnered with  the BBC for a continued growth of high content collections to better serve their consumers. The BBC, who’s company is built on the mission of enriching people’s lives with programs and services that inform, educate and entertain; they’re synced  directly with our mission of providing quality curated collections.

As  one of the most established content providers in its realm, what this partnership will bring for year 2014 and beyond is a heightened collection of the videos consumers crave, a source provider for content on the Magnify platform that our users  will have available and a continuous exchange of content and service for a better delivery to the consumers at large.  

“The BBC is employing our “Preroll Everywhere” product,  and it is one of the most valuable features of the Magnify platform.  This service enables you to legitimately monetize all video you publish, from multiple sources, utilizing your own ad server and inventory.  There are no revenue shares, no management fees, only a service that you can easily forecast and scale.” Steve Rosenbaum, CEO,


Of the six public purposes the company runs it’s self on;  Magnify is  excited about being  able to fulfill that of “Delivering to the public the benefit of emerging communication technologies and services”.

About the BBC

Established by a Royal Charter, the BBC is a public service broadcaster funded by the licence fee paid by UK households. An independent company built on imperialism and honesty; their foundation is trust. They carry programs and services in the UK as well as around the world  in the following categories: Television, Radio, Online, Commercial, Around the UK, and Around the wold.


The platform is a cloud- based video curation  platform that provides solution to facilitate  the fix to monetization issues, discovery and video curation. As a leader in curation, our focus is clients and their consumers. We work with many leading sites, brands and communities  for a continued provision of the best quality videos.