Transact and Plannr have announced a new integration aimed at speeding up the account opening process.
The new solution connects Transact’s UK platform and Plannr’s CRM software to streamline the process of opening wrappers on Transact through the transfer of client data.
The partnership uses Transact’s account opening API and Plannr’s open API to reduce rekeying, while ensuring data integrity and providing security.
The collaboration will make it quicker to generate an illustration or onboard a client from the CRM to the Transact platform.
Transact said the integration will save advisers time and reduce the level of risk.
The solution will be launched to advisers this week and is free to advisers who use Transact and Plannr.
Tom Dunbar, CEO of Transact, said: “I’m so pleased to see the hard work that has gone into developing our API capabilities starting to bear fruits for advisers. Our integration programme is designed to help advisers run more efficient businesses, with lower administration costs and reduced risk.
“Collaborating with Plannr is another exciting step towards making this strategic priority a reality, which will deliver tangible benefits for advisory firms.”
Gareth Thompson, CTA of Plannr, added: “This latest release marks another step forward in our combined mission to deeply integrate advice tools and platforms within Plannr, ensuring data consistency and reducing the need for manual re-entry. We’re thrilled to be partnering with Transact on this development, it’s another stride toward greater adviser efficiency for our mutual client.”
