FolioDynamix, a leading provider of wealth management technology and advisory services, today announced a partnership with INFOVISA, an independent provider of data processing systems for bank trust departments and independent trust companies. The two companies will develop a turnkey interface that will enable trust firms to seamlessly share information across their trust accounting system and portfolio management platform. The partnership will help banks and trust firms break down barriers between their trust, brokerage and investment advisory functions and empower advisors with a more holistic view of their clients’ data.
The joint technology interface will also allow INFOVISA clients to directly access advisory services from FDx Advisors, the registered investment advisor affiliate of FolioDynamix.
“We are excited about the FolioDynamix partnership and look forward to making it easier for INFOVISA clients to access next-generation rebalancing, performance measurement and proposal generation technology, as well as advisory services, all integrated with the INFOVISA trust accounting system,” said Mike Dinges, president and CEO of INFOVISA.
“Our partnership with INFOVISA has the power to be a game changer for banks looking to grow their wealth management business and better align their trust and retail channels,” said Bob Mehringer, executive vice president of advisory solutions at FolioDynamix. “Bank trust firms have historically been held back by technology silos that prevent advisors from gaining a holistic view of a client household, and FolioDynamix and INFOVISA are working to remove at least one of those barriers with this partnership.”