If you could sample a new technology tool before committing to it, would you? Fidelity thinks many advisors would like that option, and its latest enhancement to its digital store includes it.
Starting today, Fidelity is rolling out a self-service functionality in its Integration Xchange that allows firms to test technology that can streamline business processes and workflows before they develop applications to fully integrate those tools into their own platforms.
“Our clients have been successfully using Integration Xchange to design and build their platforms, and the new self-service functionality takes it a step further by making it easier for firms to manage their end-to-end technology ecosystems on their own,” said Lisa Burns, head of platform technology, Fidelity Institutional, in a statement. Approximately 90% of Fidelity Clearing & Custody Solutions clients integrate with third-party vendors.
The latest enhancements to Integration Xchange, which is part of Fidelity’s Wealthscape, Fidelity’s advisor technology platform, also include deeper integrations with tools from Tamarac, Riskalyze and Wealthbox and the addition of Laser App to the digital store.
Among these enhancements: new single sign-ons and integrated account opening workflows with Tamarac, expanded single sign-ons and account opening capabilities with Wealthbox and transfer of asset integrations at Riskalyze and Laser App.