Posted in In the Press on: 14/07/2010
MoneyInfo, the magical way for adviser firms to connect with their clients now supports assets held on the Transact Platform.
The integration allows advisers to download client and holding records from Transact directly into the adviser’s own branded Moneyinfo service. The adviser’s clients then benefit from Moneyinfo’s unique ability to provide a consolidated view of their finances. For the first time, clients can view their investments held on Transact alongside balances and statements from their everyday bank, saving, credit cards and loans. All under the advisers name.
It provides a simple process for advisers to keep their records updated as holdings change and new assets are registered for their clients on to the platform. All their financial information together in one place for the first time.
Mike Free, CEO of Sammedia says, “Transact are such a key player in the platform market that it was imperative for us to be able to support assets held on this platform. Transact have been very supportive and we already have a number of clients piloting the integration.”
Mark Links, Head of Operations at Transact comments, " There is undoubtedly a demand from advisers for as much financial information on a client as possible to be found in one place. This will include debts as well as assets. The link up between Transact and MoneyInfo will help achieve this and for that reason will be welcomed by our existing and future users."
Jason Butler from Bloomsbury Financial Planning added: “I have been personally trialling the Moneyinfo portal for the past few weeks and I am of the opinion that it will become one of the leading client technology portals which offers an unrivalled whole client view of their financial affairs. As well as being hugely beneficial for the client, the Transact link also allows the IFA to be kept up to date on the clients non wrapped bank and savings accounts without any effort or hassle. We know that keeping abreast of the clients cash resources is both very important but also a chore for client and adviser!”
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