Independent wrap Ascentric has integrated with Sammedia's Moneyinfo portal, an intermediary branded service that enables clients through a single login to view their portfolios managed by their IFA along with everyday finances including their online bank account, credit card balances and categorised transactions.
Sim Sangha, Business Development Director at Sammedia commented, "We are delighted to announce the portfolio integration with Ascentric and this development allows advisers to provide a cutting edge online client reporting service on a client's 'entire' financial position, not just on the assets under their management.
"Moneyinfo and Ascentric users can also deliver reporting via an i-phone app so clients can view their financial data on the move. Not only do we want to increase the frequency of contact an adviser has with their clients, but we want to reinvent how and what is reported, make it more relevant to the end client and eliminate the unnecessary costs of reporting many firms face"
Dominic Ventham, Head of Marketing at Ascentric said, "We have kicked 2012 off with the addition of another leading tool to the Ascentric platform. As RDR fast approaches, we understand fully that IFAs need to have access to the best range of tools available to support their businesses. The Moneyinfo portal receives automated overnight data and price feeds directly from the Ascentric platform without any user intervention."