Personal wealth platform myprosperity has announced its integration with Macquarie Wealth to provide its customers secure and real-time access to the bank’s investment and cash management accounts.
The integration with Macquarie Wrap will enable myprosperity advisers to offer its clients a comprehensive view of their entire financial world.
Established in 2011, myprosperity is available on desktop and also through mobile app.
The clients connect their financial portfolio through a suite of automated data feeds to receive real-time updates on their financial position.
Currently, it has more than 530 advisers and 23,000 active users. It is said to mange more than A$33bn in assets and A$6bn in liabilities.
myprosperity CEO Chris Ridd said: “We are thrilled to provide our clients with secure, direct access to Macquarie’s comprehensive Wrap platform and its popular cash management accounts. Ultimately consumers will – and should – control their own data.
“With this integration, myprosperity clients can integrate yet another important component of their personal wealth.”
Macquarie Wealth head of wealth product and technology Cameron Garrett said: “Macquarie’s platform brings together market leading technology and innovation, with scale and security to support advisers and clients in reaching their goals.
“Our focus is on increased flexibility and personalisation through our innovative digital banking and wealth solutions, and Macquarie’s open platform facilitates this, enabling approved third-party providers to connect to offer new services and experiences.”