Advisor Software has partnered with Quovo to offer wealth managers access to aggregated client financial data.
The partnership will allow advisors to utilise Quovo's account aggregation capabilities when using apps on the Advisor Software Wealth Management Cloud, which offers streamlined access to various financial services.
Quovo’s financial account aggregation capabilities cover personal financial accounts, held-away client accounts as well as custodial feed consolidation.
The company also offers a full stack aggregation platform that helps advisors run accounts, strategies and portfolios through a full analytics engine.
Moreover, Quovo integrates with various direct custodial feeds, offering a single custodial data source for multi-custodial RIAs.
Advisor Software vice president of product and marketing Kevin Kraus said: "In today's wealth management reality, it is vital for advisors to obtain a holistic financial view of each client's wealth in order to provide optimal guidance.
"We are glad to work with Quovo to integrate its account aggregation capabilities into our cloud-based applications, and give advisors the tools and insights they need to deliver valuable goals-based planning over the long term."