Using its modern cloud-based Silver Cost Basis software and onshore business process outsourcing (BPO) services, Silver delivers the full spectrum of regulatory cost basis processing solutions for brokerage firms and related service providers seeking to significantly reduce operating expenses and enhance client experiences.
Unlike legacy cost basis vendors or homegrown solutions, Silver Cost Basis ensures regulatory compliance at a demonstrably lower total cost of ownership (TCO).
Using its cloud-based 24x7 real-time Silver Cost Basis solution, Silver delivers the full range of cost basis processing for digital currency brokers, exchanges, and related service providers seeking a reputable crypto tax solution to enhance client experiences and prepare for expanding regulatory scrutiny.
Unlike competitive start-up or homegrown cost basis solutions, Silver Cost Basis extends its experience and leadership position in securities cost basis processing to the cryptocurrency industry.
For leading-edge wealth technology platform owners seeking to deliver truly differentiated client experiences, Silver offers its ultra-scalable cloud-based Wealth Harmony solution, featuring the first-of-its-kind Unified Data foundation with essential third-party integrations and numerous plug-and-play applications.
Unlike competitive “all-in-one” or homegrown solutions, Wealth Harmony empowers investment firms and related service providers to quickly and cost-effectively grow their businesses by offering their own unique wealth technology platforms.
October 2020 -- Silver announced numerous improvements to its best-in-class cost basis platform, further reducing total cost of ownership and enhancing client experience for cost basis processing and tax reporting. Silver enhanced its fully automated corporate action processing, detailed fixed income amortization and accretion statements, and comprehensive modern API for real-time access to cost basis data...
July 2020 -- There is no doubt that these last few months have been exceptionally disruptive. In one way or another, we have all been forced out of our comfort zones. As we work together to overcome the great adversity of these uncertain times, I sincerely hope that each of us can also discover a silver lining…
May 2020 -- Voyager announced that it has partnered with Silver Cost Basis ("Silver") to deliver year-end cryptocurrency gain/loss statements to its customers. The partnership enhances Voyager's already outstanding client experience by providing investors and traders with gain/loss information for use in preparing accurate tax returns...
Blake is responsible for establishing and enriching client relationships, identifying opportunities for partnerships and growth, and leading all aspects of Silver’s business operations. Since he founded the company in 1991, Blake has overseen development and deployment of several enterprise-scale brokerage processing applications – primarily for large investment services organizations – and has personally managed numerous consulting engagements. Prior to founding Silver, he was a Computer Programmer for IBM Corporation and CACI Field Services. Blake earned his B.S. in Economics at the Wharton School of the University of Pennsylvania with concentrations in Marketing and Decision Science.
Neal is responsible for Silver's product suite of investment services processing software and serves as strategic business and technology advisor for Silver's clients. An acknowledged expert in cost basis portfolio accounting and investment tax reporting, he guides Silver's interpretation of IRS regulations and related statutes, serves as an industry thought leader, and is a frequent speaker at various tax conferences. Prior to joining Silver, he served as Chief Enterprise Architect at TD Ameritrade and Technical Director at CheckFree Investment Services (now Fiserv). Neal earned his M.A. in Industrial Design and Human Factors from The Pratt Institute and his B.A. in Political Economics from Princeton University.
Rob is responsible for all technical aspects of Silver's brokerage processing software and related infrastructure services. He heads a team of highly-skilled and experienced software development professionals in technical design, application architecture, research and development, quality assurance, software deployment, and technical operations. Prior to joining Silver in 1999, Robert served in various technology positions with CheckFree Investment Services (now Fiserv), Prudential Investments, ILX Trading Systems (now Thompson Reuters), and Brown Brothers Harriman. Robert earned his B.S. in Computer Science from the State University of New York at Stony Brook.
The Silver team applies decades of securities industry and software development experience along with a passion for solving real-world problems to deliver cost-effective brokerage operations, cost basis reporting, and wealth management solutions for our clients.