Parmenion, the UK Platform of the Year, today announces that its adviser platform is now fully integrated with Fastrak and FINIO, tools which gives advisers access to high quality data about their clients’ investments. The integration will mean advisers can create investment reports from full transaction histories on the Parmenion platform, making administration faster and easier and enabling bespoke client reporting.
The FINIO data hub reconciles, enriches and normalises investment data from the Parmenion platform and presents it to advisers in the format they need. The Fastrak application allows intermediaries to create the reports they want with the level of detail they need, using their own wording and branding.
By using Fastrak, advisers on the Parmenion platform will be able to:
- Create full investment performance reports between custom date ranges;
- Produce customised client reports;
- Provide detailed client valuation reports;
- Show clients the performance of their portfolio online;
Both of these solutions are provided by Sprint Enterprise Technology.
Parmenion Chief Commercial Officer Mike Morrow said:
“Parmenion is committed to delivering enhanced data and services to our adviser firms, recognising the need for deeper integrations with business-critical tools, and this new integration is a shining example of that. Sprint Enterprise is the first partner to fully reconcile our transaction data and this will enable their clients to get full transaction histories into both Fastrak and FINIO.”
Gary Shepherd, Business Development Director at Sprint Enterprise Technology, added:
“We are delighted to be able to announce this new integration with our FINIO data hub and our partnership with Parmenion’s adviser platform. Through our custom performance reporting solution Fastrak and our award-winning data hub FINIO, we hope to make it even easier for advisers to serve their clients well. Our reporting solution combined with the power of Parmenion’s data will allow advisers to create the investment performance reports they need, saving them time and money and demonstrating the value of their service to clients.”
Parmenion’s ambitious growth strategy has seen it broaden its offering to advisers over the last year, launching market-leading propositions and reinforcing its reputation for outstanding service. The platform has added model portfolios from several leading wealth managers to its adviser proposition in the past year, and constantly adds new tools and functionality to its platform, with more than 100 enhancements and 264 features delivered in 2022.
This article is for financial professionals only. Any information contained within is of a general nature and should not be construed as a form of personal recommendation or financial advice. Nor is the information to be considered an offer or solicitation to deal in any financial instrument or to engage in any investment service or activity.
Parmenion accepts no duty of care or liability for loss arising from any person acting, or refraining from acting, as a result of any information contained within this article. All investment carries risk. The value of investments, and the income from them, can go down as well as up and investors may get back less than they put in. Past performance is not a reliable indicator of future returns.