Midwinter announces partnership with data firm

Australian fintech company Midwinter has joined forces with independent data firm InvestmentLink to offer real-time client data access to advisers.

Midwinter announces partnership with data firm

elaina

Last Updated: 14 October 2016 Published: 14 October 2016

The new RealTime service allows Midwinter to provide one single interface for planners to advise on product replacement for adviser-entered platforms, member-entered platforms, traditional data fed platforms and also platforms that have traditionally not provided data feeds to the industry.

InvestmentLink chief technology officer Wayne Robinson said, "Midwinter now has access to data that has been traditionally hard to harness, such as individual bank, mortgage, credit card, loan, term deposit, industry superannuation fund, self-managed superannuation and direct share accounts."

Midwinter managing director Julian Plummer said, "Planners using AdviceOS now have access to the richest data set of platform and investment information in the industry, and as a result we expect the quality of our planner's advice to improve.

"Until now, most software providers have been limited in their ability to deliver a complete financial position for their clients. Crucially, we can now access client-authorised feeds - data that makes up a considerable part of client portfolios."