SPS Family selects Xtiva for world class Incentive Compensation Management

Xtiva, a powerful Incentive Compensation and Performance Management platform, added as a key piece in the enhancement of Sigma and Parkland wealth technology infrastructure.

New York, NY – August 8, 2019 — Xtiva, the only provider of Sales Performance Management Technology and Services exclusively for the financial service industry, announced that SPS Family business units Sigma Financial, Sigma Planning and Parkland Securities will be deploying the XtivaCloud SPM platform. SPS Family, headquartered in Ann Arbor, Michigan, provides a range of wealth management and planning services delivered by its 1,000-advisor network.

“Sigma Financial Corporation, Parkland Securities LLC, Sigma Planning Corporation, and BD Ops LLC (The SPS Family) have selected Xtiva as the next component to our technology platform as our commission processing solution,” said Brandon Rydell, Chief Operating Officer of the firms. “We feel this system will enhance the representative and advisor experience with our focus on their independence and bringing them tools to allow them to efficiently develop their businesses. Xtiva stood out as the system providing the capabilities that best satisfy our requirements.”

Key Benefits:

  • Enable scale and efficiency to support the performance and growth of the networks;
  • Leverage XtivaCloud reporting and insight capabilities to improve business visibility;
  • Increase operational leverage with increased processing reliability and efficiency via Xtiva Connectors to Fidelity Clearing and Custody, DTCC, DST and other financial technology systems and data sources.

“We are really pleased to be working with the SPS Family of firms, as they extend their commitment to building a leading Wealth Management platform.” explained Rick Scearbo, Xtiva Chief Revenue Officer, “This is another great example of how the Xtiva platform is the perfect fit for growth and performance focused firms.”


About Xtiva

Xtiva Financial Systems provides the leading sales performance management (SPM) and incentive compensation management (ICM) systems for the financial services industry. Xtiva’s cloud-based SPM product suite enables financial organizations to drive scalable performance improvement through better business intelligence, sales enablement, talent management and supported by dynamic and compelling incentive compensation. 90 financial service enterprises use Xtiva’s software, services and support, to maximize their salesforce investments and business performance. Xtiva’s customer obsessed team is dedicated to ensuring its customers and their partners achieve more every day.

Unlock front-office velocity. Drive revenue. Eliminate profit leakages. Achieve More. Learn more at www.xtiva.com, via Twitter or on LinkedIn.

About the SPS Family.

The SPS Family consists of two broker-dealers, Sigma Financial Corporation and Parkland Securities, LLC; a Registered Investment Advisory firm, Sigma Planning Corporation; and a back office, known as BD Ops, LLC. The companies, based in Ann Arbor, Michigan, are under common ownership and led by an experienced executive team. The SPS Family prides itself on personal service to independent registered representatives and investment adviser representatives from across the United States. We consider our representatives family as we strive every day to provide them “Independence. DELIVERED.” www.sps-family.com


For Xtiva:
Rick Scearbo, COO

For SPS Family:
Renee Barrington