Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.
Products November 16, 2017
Schwab OpenView Adds Riskalyze and Autopilot Platforms
The collaboration of Riskalyze and Charles Schwab will ease
an adviser’s workflow challenges and allow for greater efficiency, says Kyle
Van Pelt, vice president of partnerships at Riskalyze.
Reported by John Manganaro
Riskalyze announced that both the Riskalyze and Autopilot platforms will be added to the Schwab OpenView Gateway, further expanding its integration with the custodian and allowing advisers to seamlessly sync and automate accounts.
Schwab OpenView Gateway provides a flexible, open-architecture platform that enables integrations between the firm’s custody systems and participating technology providers, the firm explains. As part of the integration with Riskalyze and Autopilot, advisers will be able to connect their account to Schwab OpenView Gateway, allowing them to link clients between both platforms and also update client data daily, including client profiles, accounts, balances, positions and more.
In addition, Riskalyze will be able to automate trade delivery for seamless execution with Autopilot’s “One-Click Fiduciary” technology.
John Connor, vice president, Schwab Advisor Services Technology Solutions, suggests integrations with providers like Riskalyze “enhance our ability to provide flexible, efficient solutions, while also providing advisers choice to use the tools that suit them best to grow and scale their business.”
The integration and features will be available to Schwab and Riskalyze advisers in the first quarter of 2018. To learn more about Riskalyze, visit www.riskalyze.com.