Vanare, a wealth management technology platform for investment advisors, has partnered with fintech provider FinMason to integrate institutional risk analytics in its comprehensive digital wealth solution.
The integration of FinMason’s solution will give advisors institutional capabilities to analyze risk across a large number of investment types delivered by advisors to customers.
It will also enhance Vanare's data collection offering, which was recently launched with advisors. The offering allows clients to see the value of all their assets and liabilities within a roboadvisor or client portal offering.
Vanare CEO Rich Cancro said: "Vanare has selected FinMason as a key partner for quantitative risk analysis within our platform and roboadvisor experience. They have an incredibly intelligent risk engine.
"Combined with Vanare's industry-leading client experience, FinMason's high quality data can help advisors explain the value of advisory services to clients intuitively and simply, while remaining robust and meaningful."
FinMason head of advisor solutions Mark Hollingsworth said: "Platforms with such high-level analytical data have typically been reserved exclusively for institutional investors, are often prohibitively expensive and are rarely accessible to Advisors and their clients. Our partnership with Vanare changes that fundamentally.
"From the other side, recent mobile apps and user-friendly websites allow individual users to access a variety of financial assets, but they fail to provide meaningful analytical measures of investments with our level of rigor."
FinMason CEO Kendrick Wakeman said: "Regardless of how experienced and skilled an advisor is, the ability to show value to the client is essential. When utilizing our system within Vanare's offering to better explain the risks and rewards of financial investment opportunities, advisors stand to gain by strengthening their relationships with existing clients and by receiving referrals from satisfied investors."