Through Orion’s Insight dashboard, Orion users can now access FinMason’s institutional-grade investment analytics platform, FinRiver, to deliver dynamic financial plans quickly and at scale.
“The need in the wealth management community for financial planning tools that are simple to use, readily accessible, and seamlessly integrated has never been greater,” said Kendrick Wakeman, CEO of FinMason. “By embedding our financial planning analytics capabilities directly within Orion Insight, a platform so widely used and trusted, advisors can expand the scope of their planning efforts efficiently and easily.”
FinRiver allows advisors to deliver financial projections based on current saving and spending patterns, including the probability of achieving future goals, potential outcomes of different savings and spending rates, and the effects of special spending events, such as buying a house or paying for college.
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Orion’s integration framework also enables data from FinMason’s platform to be accessed from within Orion’s advisor dashboard, Client Portal, and Salesforce and Redtail integrations. As a result, advisors can create comprehensive and compelling reports showing both the performance of investments and the progress toward a financial plan.
Fiserv Enhances Its Unified Wealth Platform With UMA Capabilities
Fiserv Inc. is enabling financial advisors to operate more efficiently through enhanced unified managed account (UMA) capabilities.
Citing increased popularity in UMAs, Fiserv built a new interface and streamlined workflow within its Unified Wealth Platform that will optimize portfolio management and trading of UMAs.
The UMA has become the destination for all packaged managed account programs, including mutual fund, separate account and ETF wrap products.
Fiserv’s open structure and intuitive user interface will allow advisors to shift between managed account programs, asset allocations, and even strategist selections, without administrative or operational friction.
The new enhancements from Fiserv allow advisors to easily access robust UMA portfolio management and trading capabilities, with more flexibility in overlay programs.
The new user experience and more efficient workflow is combined with enhanced services that support decision-making, order generation and cash management, as well as the management and routing of proposed orders.
In addition, trading, switching between overlay managers and investing money are more efficient, decreasing time to market.
Charles River and Broadridge Partner to Enable Clients to Reduce Risk and Improve Productivity
Charles River Development and Broadridge Financial Solutions announced a formalized business alliance to allow for better integration with the SWIFT network in the Charles River Investment Management Solution (Charles River IMS).