A portfolio performance service has been added to the tool set of wealth management firm Söderberg & Partners.
The WealthSweet performance analysis tool allows advisers to undertake time-weighted and money-weighted performance across a range of time periods and accounts.
It will also mean they can show capital and income returns across single and multiple accounts.
The tool comes from software business Morpheus Wealth, headed up by microservices specialist Ray Tubman.
Nick Raine, Söderberg & Partners CEO said: “Ray and his team have provided market-leading tooling in the UK platform space, and in this instance they delivered in record time with seamless integration into our platform.
“We are sure our platform users will find the Portfolio Performance Reporting tool simple to use and flexible enough to produce the specific data they require.”
Morpheus Wealth’s Tubman added: “We expect this to bring excellent benefits for those advisers using the Söderberg platform, and we look forward to delivering the interesting extensions of this microservice we have planned for the future.”
It comes three months after the Swedish-owned firm announced it was launching an adviser platform, powered by Seccl.
The new tools will be fully integrated with Söderberg’s platform infrastructure.
tara.o'connor@ft.com
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