Ottawa-based Winfund Software Corp. will integrate Toronto-based Invesco Canada Ltd.\u2019s advisorDUO platform with W.investment, its wealth management software, the two companies have announced.<\/p>\n
With the change, Winfund\u2019s mutual fund dealer clients and their advisors will have access to more efficient, automated investment processes, the firms say, which will help them compete with robo-advisors and enhance the customer experience.<\/p>\n
\u201cThe collaboration between Winfund and Invesco represents a true \u2018win\u2019 for the investment industry,\u201d says Eric Tegelaar, assistant vice president, Winfund, in a statement. \u201cadvisorDUO is an extremely efficient, easy-to-use tool.\u201d<\/p>\n
\u201cOnce full integration with Winfund\u2019s wealth management software is complete, advisors and their clients will gain access to enhanced digital investment capabilities,\u201d Tegelaar adds. \u201cThis is a win for the advisors and the dealer community, and ultimately, a win for their investing clients.\u201d<\/p>\n
Invesco\u2019s advisorDUO tool can improve efficiency by compiling the information required to open new accounts, creating electronically-signed paperwork, and improving the accuracy of data entry during the account-opening process, the firms say. The tool allows advisors to initiate fee-based relationships with clients while keeping client assets on their books.<\/p>\n
The technology integration is currently in progress, with a roll-out targeted for the fourth quarter of 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"
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