Cashflow modelling software provider CashCalc and the new Morningstar-owned platform Wealthcraft, formerly Premium, have launched two way integration via an API to improve connectivity and save Financial Planners time.
The new connector was mainly built by Wealthcraft using the CashCalc Open API.
CashCalc, part of FE Fundinfo, says the integration is aimed at helping advisers reduce the need to manually key client information between the two systems.
The API will provide a two way data transfer link between CashCalc and Wealthcraft.
The new link is available at no extra cost and will enable advisers to link or exchange clients and their information between both CashCalc and Wealthcraft.
Chartered Financial Planner and founder of CashCalc Ray Adams said: “Integrations have been a top priority since joining FE fundinfo and we’re very happy that Wealthcraft chose to use our open API to develop a full 2-way integration.
“I’m confident it will help those using both CashCalc and Wealthcraft reduce the need to manually key client information, and with it make their Financial Planning processes much more efficient.”
Rob Bowers, product manager at Wealthcraft, said: “Integration and provider partnerships are a regular request from the industry and thus form a strong part of our product strategy. We are very pleased to add CashCalc to our suite of integrated partners, where our global clients can enhance their advice journey with this two-way integration.”
The integration with Wealthcraft is the latest of several integrations CashCalc has added this year including with Adviser Cloud, EValue, and Fundment, an investment platform.
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