FE launches Cashcalc-Analytics integration

Fintech FE fundinfo has launched an integration hyperlink between its cashflow modelling software program Cashcalc and its funding stats service FE Analytics.

The corporate say the combination ought to save Monetary Planners hours of time in having to shift information from one service to the opposite.

The mixing signifies that these planners which have a licence for each FE CashCalc and FE Analytics will be capable to keep away from the necessity to transfer between a number of methods when finishing up funding analysis and cashflow planning. 

Customers will be capable to generate an FE Analytics Medium Scan from inside FE CashCalc and export a portfolio from FE CashCalc into FE Analytics.

They will additionally obtain FE Analytics factsheets, KIID Paperwork, Supplier Factsheets, and Adviser Factsheets from inside FE CashCalc.

The brand new hyperlink follows developments made in 2022 that gave customers the power to import a plan’s newest valuation and holdings information into FE CashCalc. That improve meant advisers can retailer fund information, fund values and fund codes inside their FE CashCalc accounts.

FE says the integrations may even assist advisers with the brand new Shopper Responsibility guidelines and rules from 31 July.
 
The brand new guidelines will set increased and clearer requirements of client safety throughout monetary companies. FE says the modifications it’s making will assist corporations proof they’ve met the Shopper Responsibility necessities.

Earlier this 12 months, FE discovered – as a part of its adviser survey – that 90% of monetary advisers imagine integrations between software program suppliers had been necessary to their Monetary Planning course of. Regardless of this, in accordance with information from FE CashCalc, solely 28% of monetary advisers at the moment have an energetic integration between their FE CashCalc account and back-office system.

Stephen Mitchell, head of adviser product technique at FE fundinfo, mentioned: “The mixing of two of our key merchandise – FE CashCalc and FE Analytics – has been a excessive precedence for us and its nice information that we at the moment are seeing the fruition of the numerous hours of onerous work which have taken place behind-the-scenes.

“Integrating know-how has sometimes topped the want listing of many monetary adviser surveys lately, so this will actually assist streamline the method that monetary advisers should undergo and make it a extra environment friendly approach of working.”