Transact has announced a new integration with fintech provider moneyinfo, that streamlines adviser-client communication by simplifying document delivery.
Through the integrated moneyinfo portal and app, advisers can now automatically deliver key client communication, including valuation reports and statements.
Removing this previously manual process will improve the operational efficiency of advisers, providing more time to focus on providing expert advice, the platform said and was part of Transact’s strategy to integrate with technology providers to enhance adviser efficiency and client engagement for its users.
For adviser firms, it said, the benefits of this integration go beyond time savings as the automation of documentation also provides a seamless client experience. Firms now have a choice in how they manage document distribution, with an option to rely on moneyinfo’s secure platform to handle everything from encrypted delivery to audit trails.
Advisers piloting the integration have already seen “significant improvements”, according to the platform, reporting that the streamlined process saves time but also enhances the client experience.
Tom Dunbar, chief development officer at Transact, said: “At Transact, our overall strategy is to make financial planning easier, and a key priority in doing this is to improve the technology ecosystem available to our adviser firms. By integrating with client portals like moneyinfo we help advisers operate more efficiently and improve the client experience.”
Tessa Lee, MD of moneyinfo, added: “At moneyinfo, we’re passionate about pushing the boundaries of technology to benefit the wealth management industry. Our collaboration with Transact is a direct response to what advisers have been asking for – greater efficiency and peace of mind.
Through simplifying document delivery, this integration allows advisers to focus on their core business, knowing the technology is working behind the scenes to support them.”
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