Riskalyze launched a new, proprietary Build My Tech Stack tool on Tuesday that it said provides a step-by-step guide for advisors to quickly design fintech integrations within Riskalyze that are best for their practices.
The tool is intended to save advisors "countless hours of frustration" searching through the "vast landscape" of fintech solutions available, according to Riskalyze, which says it now "serves tens of thousands" of financial advisors with risk alignment and portfolio analytics.
Build My Tech Stack will "empower advisors to pre-select various integrations, whether they are current customers or not," the company said. The tool will then generate a personalized report providing step-by-step instructions, "automatically prioritizing the ones to set up first, including an overview of what the integration does and the necessary steps to set up each piece" of software, it said.
Riskalyze is "keenly aware of advisors' pain points regarding the technology they use to run their business, communicate with clients and prospects, research and manage investments, and the myriad additional responsibilities of the modern advisor," it said in the announcement.
The company "believes that wealth-tech integrations should simply work, and the Build My Tech Stack tool gives advisors more time to focus on what they do best — serve the needs of their clients," it said.