Appointment reunites team behind managed account ops provider Security APL. Jamie Waller, CEO of this publication, has been named president and general manager of Digital Paperwork, a provider of "digital pen" and integration technology to the financial-service and healthcare industries.

"We welcome Jamie to our team," says Digital Paperwork's founder and co-chairman Loren Ball. "I have known him in our past lives in financial services and was impressed with the way he drove adoption of the separately managed account (SMA) industry."

Pen strokes

The appointment reunites Waller with Jay Whipple III, Digital Paperwork's other co-chairman. In the 1980s Waller was one of the first employees of Whipple's startup, Security APL -- a firm he stayed with as head of business development through its sale to CheckFree (now part of Fiserv) in 1996. CheckFree's Investment Service's unit, the direct descendent of Security APL, maintains about 85% of commercial systems in the retail SMA space.

Waller joined Citigroup Asset Management (now part of Legg Mason) in 2001 to help develop manager-models-based SMA products. He subsequently re-joined CheckFree, and left it again early in 2005.

Waller continues in his role as CEO of Family Wealth Report.

New York-based Digital Pen provides unobtrusive real-time data-transmission technologies. In terms of the financial-service industry -- which accounts for about 17% of the 100 billion hard-copy forms generated in the U.S. each year -- these technologies let front-office personal input information and send it straight on to back-end systems for processing. -FWR

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