Albridge is integrating Morningstar data to enhance asset allocation reporting that will provide a greater analytics and reporting for advisors and investors.
The Morningstar data features an expanded range of over 10 different classification types, comprising of factors such as asset allocation, sector weighting and regional breakdown information.
The integration will enable customised reporting presentations that will leverage the integrated analytics and will provide a new level of transparency and insight for advisors and investors.
Director of Albridge operations, Greg Borgman, said: “Advisors succeed of fail based on the quality of their data and the ease with which that data moves between native and third-party applications.”
“This enhanced data integration capability provides improved coverage and consistency for asset allocation reporting across the 44 million accounts on the Albridge platform.”
“This is a clear demonstration of the spirit of collaboration and commitment to data excellence that today’s business environment demands.”
