Fusion Wealth offers cloud-based technology
Fusion Wealth, a technology solutions provider for wealth managers and IFAs, has completed the next steps in its integration with SEI’s global wealth services through newly developed web services.
The technology provider went live with SEI’s global wealth services last year and is the first of its clients to use web services, in addition to a standard file transfer protocol, which enables further integration with Fusion’s front-end portal.
Since inception, Fusion Wealth has created a customisable cloud-based technology solution, which enables wealth management firms and IFAs to build their own platform in order to manage client assets.
Ian Cooke, chief executive of Fusion Wealth, said: “The use of web services will be of enormous benefit to wealth managers and IFAs as it allows straight-through processing of electronic applications from a firm’s client-management software direct into the trading solution and third-party wrappers, eliminating the need to rekey data.”