FinaMetrica and AdviserLogic announce integration

finametrica/AdviserLogic/technology/integration/

8 March 2018
| By Hannah Wootton |
image
image
expand image

Global provider of risk tolerance assessment tools, FinaMetrica, and cloud-based system provider, AdviserLogic, have announced an integration that will allow financial advisers to better advise clients on risk.

Advisers using the AdviserLogic client management system (CMS) would be able to use FinaMetrica’s psychometric risk tolerance profiler questions to accurately assess a client’s risk tolerance score.

The risk report would allow investors to see how their answers differ to those who have already completed the profile, allowing advisers to identify any mismatches between the risk the investor needs to take to reach their goals and risk tolerance.

FinaMetrica co-founder, Paul Resnik, said that the integration would allow advisers to offer best practice risk profiling to clients.

“We believe this integration will appeal to advisers and advisory networks seeking a valid, reliable and defensible suitability process,” he said.

“Our subscribers want us to integrate with other main stream service suppliers. This is the first through our new application program interface (API) in Australia, which allows AdviserLogic to link directly to FinaMetrica’s website to synchronise client data.”

Resnik said that FinaMetrica was working on several other integrations which would be announced shortly. The company already had integrations with Prestwood and Voyant in the UK as well as MoneyGuidePro and IPSAdvisorPro in the US.

AdviserLogic CRM users could directly launch FinaMetrica from a contact record from 1 January, 2018.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 5 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 4 days ago

TOP PERFORMING FUNDS