Cashflow and DB transfer software provider FinCalc has integrated with back-office provider CURO by Time4Advice.
The two-way integration will enable users to more quickly and seamlessly transfer their client personal and financial information between the two systems. This will remove any rekeying of information, reducing risk and saving time for advice firms.
All relevant client data and financial modelling information can be transferred between FinCalc and CURO, with the integration pulling through items such as income, assets, pensions, savings & investments, liabilities and expenses. Contributions, withdrawals and latest valuations will also be synced through this two-way integration.
Reports can also be automatically uploaded into CURO from FinCalc. In addition, firms can use the FinCalc client portal to get clients completing their financial information directly before uploading this into CURO.
Jason Wykes, managing director at FinCalc (pictured), said: “Advisers have a right to expect systems to communicate with one another, not only to save time, but also to ensure that client information is updated consistently in all systems. This integration with CURO by Time4Advice is another step forward in our mission to provide Advisers with the best financial resources to help them better serve their clients.”
Roland Rawicz-Szczerbo, director at Time4Advice, said: “Unless advisers are able to work more efficiently and leverage the value from their most valuable asset, their client data, the industry will continue to be compromised as a result of the proliferation of disconnected data silos, a lack of process automation, and the use of multiple disconnected systems. We are on a mission to put that right. Therefore, we are delighted to have collaborated with FinCalc who share the same vision.”