Fintegrate has integrated with investment data hub FINIO to streamline adviser data and reporting.
The investment technology provider said the new integration will enable it to automatically pull critical data from investment platforms, streamlining processes and enhancing adviser efficiency.
Fintegrate can now provide its users with direct daily data feeds, including daily valuations of client policies and tax wrappers; current holdings within each wrapper or portfolio; transaction history; as well as platform and adviser charges.
It removes the need for manual data entry, which it said will improve the accuracy of data and provide advisers and paraplanners with real-time client information.
The integration also brings Fintegrate Footprint, a new tool within the Fintegrate suite that uses live platform data to create real-time valuation and performance reports.
Fintegrate said features include live valuation reports that update daily, performance analysis and adviser-controlled performance views.
In addition, it offers a clear breakdown of current holdings and full cost and charges disclosure, including adviser and platform fees.
In the second phase, Footprint will be integrated into Fintegrate Review, enabling advisers to generate full, FCA-compliant annual suitability reports that reflect up to date values and charges.
David Broom, chief commercial officer at Fintegrate, said: “This integration with FINIO is a significant step forward for Fintegrate. It streamlines the way advisers access and manage client data, giving them a more complete, accurate, and timely picture of their clients’ portfolios. It will not only save time but will also help advisers improve the value they deliver to clients.”
Gary Shepherd, director, business development at Sprint Enterprise, the developer of FINIO, commented: “This integration is a prime example of how the ‘build once, receive many’ principle transforms the adviser tech ecosystem.
“By connecting to the FINIO data hub, Fintegrate will access data from multiple platforms via a single, scalable connection, removing the burden of bespoke, point-to-point connections. It’s not just about streamlining data; it’s about driving tangible efficiencies, increasing data accuracy, and letting advisers focus on what truly matters: delivering value to clients.”
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