First Rate announced the launch of IPAAS, a new strategic partnership approach enabling to present investment performance calculation within their platform. Health savings account customers of Optum Bank can now use Betterment for help investing HSA money. Addepar announced the launch of its mobile app for iPhone, giving financial advisors and their clients the ability to access their portfolio from their smartphones in a self-service. Orion Advisor Services announced progress in integrations with three third-party technology providers. Pershing has formed a new Integration Advisory Council, made up initially of 14 tech vendors, including Envestnet, MoneyGuidePro and RedTail Technology, to name a few. SS&C Technologies Holdings, Inc announced additional integration options with the advisory platforms of TD Ameritrade and Charles Schwab and reported progress on integrations with the two remaining big-four custodians—Fidelity and Pershing.
First Rate announced the launch of IPAAS, Investment Performance as a Service, a new strategic partnership approach enabling providers of wealth management technology a subscription-based capability to present investment performance calculation within their platform. Unlike the traditional approach to implementing a performance reporting platform or imposing a new technology strategy, IPAAS is designed to support the subscribers’ existing platform to deliver best-in-class performance data and reporting through a seamless integration.
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Health savings account customers of Optum Bank can now use Betterment for help investing HSA money. Customers who elect to invest some or all of their HSA with Betterment will go through an onboarding process to determine how much the investor plans to use funds for medical expenses versus long-term savings to determine investment allocations.
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Addepar announced the launch of its mobile app for iPhone, giving financial advisors and their clients the ability to access their portfolio from their smartphones in a self-service, secure way at any time.
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Portfolio management provider Orion Advisor Services announced progress in integrations with three third-party technology providers.
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Pershing has formed a new Integration Advisory Council, made up initially of 14 tech vendors, including Envestnet, MoneyGuidePro and RedTail Technology, to name a few.
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SS&C Technologies Holdings, Inc. (which owns both Black Diamond and Advent) announced additional integration options with the advisory platforms of TD Ameritrade and Charles Schwab and reported progress on integrations with the two remaining big-four custodians—Fidelity and Pershing.
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Personal Capital has introduced a high-yield FDIC-insured savings account that is available to current clients and non-clients. Personal Capital Cash has no minimum balance and an annual percentage yield (APY) of 2.30% for non-clients. UMB Institutional Banking, however, is Personal Capital’s partner in the launch of Personal Capital Cash.
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