Fidelity announced new features and other enhancements to its Integration Xchange open-architecture digital store, which it said Wednesday now includes integrations with more than 200 third-party fintech providers.
Fidelity added several new features to Integration Xchange: Smart API filtering; enhanced tools for managing integrations, including more tools to help firms with operational oversight and control of their technology ecosystem and more APIs to its “Try It Out” feature that enables firms to test an integration prototype before moving forward with the full build; and new support resources for self-service.
AdvisorEngine, Black Diamond, BlackRock, Orion, Redtail and Riskalyze are among the fintech firms with new or recently enhanced integrations with Integration Xchange. Advisors, for instance, can now seamlessly add Fidelity clients in Riskalyze and sync account data, including positions and balances on demand/intra-day, Fidelity said.
Oppenheimer Partners With InvestCloud
Oppenheimer & Co. entered a strategic alliance with fintech firm InvestCloud that the firms said Wednesday will accelerate Oppenheimer’s buildout of its digital experience platform for the firm’s financial advisors and other professionals, as well as clients.
Central to the partnership is the development of a new digital advisor-client web-based portal for Oppenheimer’s Private Client Division, the companies said. The digital portal is expected to launch in the first half of 2021 and will be designed, built and powered by InvestCloud, and will integrate with Oppenheimer’s existing technology infrastructure, they said.
The partnership is expected to significantly enhance Oppenheimer’s ability to deliver the following technology-enabled solutions to its financial advisors and other professionals: Recruit and prospect transitioning; client onboarding and retention; and business growth and process efficiency, the firms said.
Envestnet | Tamarac Integrates With Flourish
The Envestnet | Tamarac wealth management platform has implemented an integration with Flourish Cash, a cash management solution.
Account data from Flourish Cash can now be accessed and imported by RIAs within Tamarac, further expanding the advice they can deliver, Envestnet said Tuesday.
With the new integration, advisors can now help clients set up Flourish Cash accounts to meet budgeting goals within the Tamarac platform, and clients can monitor these accounts in real time through Tamarac’s client portal.