Advisor's New Enhanced Cloud Offers a Suite of Portfolio Analysis APIs

By CIOReview | Friday, August 21, 2015
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WALNUT CREEK, CA: To deliver easily accessible cloud platform from large enterprise customers to startups through APIs, Advisor Software, provider of wealth management cloud platforms for financial advisors and institutions, has enhanced its Wealth Management Cloud. It is a cloud platform of sophisticated analytics for the wealth management industry.

The advanced cloud platform comes with a full package of Portfolio Analysis APIs. Also, with a Monte Carlo Simulation engine, thousands of portfolio run simultaneously in milliseconds, as well as sophisticated tools for evaluating and comparing investment portfolios on dimensions. Moreover, the enhanced administrative features of the cloud platform givecombination of the analytics on the Wealth Management Cloud with third party systems, like custodians, asset management platforms, or account aggregation services, enabling digital advice applications’ developersto manage account and user data within the apps they build.

Other than that, Advisor’s range of services and resources include Goal-Based Financial Planning, Rebalancing, Digital Advice, Proposal Generation, Investment Planning, Portfolio Analysis, Portfolio Management, Reporting and Alerts.

Commenting on the new release, Archana Rao, VP of Engineering at Advisor Software, says, “Our goal with this latest release was to give the Fintech Developer community a ‘Robo-Advisor in a Box’. This latest release is essentially a toolkit full of plug-and-play components that will facilitate rapid development of new digital advice portals for consumers, investment advisors- or both.”