- Morningstar Total Rebalance Expert (TRX) provides automated, tax-efficient rebalancing to simplify and enhance portfolio management. This integration will allow advisors to automatically submit trades to accounts custodied with Schwab, removing the need to manually export and import trades from TRX to the custody system.
- ModestSpark offers a web-based and mobile client portal that enables advisors to provide a dynamic online client experience with direct access to portfolio information and reports. This integration will allow advisors using PortfolioCenter Hosted or Portfolio Services to automatically update portfolio management data in the client portal. ModestSpark serves more than 600 advisory firms, 70 percent of whom custody assets with Schwab.
Schwab Intelligent Technologies is also working to bring the power of integration to large RIAs that operate proprietary technologies. Through personalized integration consultation, Schwab Intelligent Technologies is enabling these firms to realize efficiencies in much the same way that Schwab OpenView Gateway participants are able to do with brand name solutions.In addition to new offerings and program participants, Schwab Intelligent Technologies continues to deepen integrations with existing Schwab OpenView Gateway participants. New enhancements in development include:
- Integration with SS&C Advent's Black Diamond ® platform is being enhanced for the third generation Black Diamond wealth platform, which encompasses portfolio management, reporting, client communications, rebalancing and more. Single sign-on capabilities will also be expanded, allowing advisors to access Schwab Advisor Center pages and functionality directly from the Black Diamond wealth platform.
- Single sign-on capabilities are being expanded for Junxure Cloud CRM to enable advisors to access more information on Schwab Advisor Center, including research and alerts, directly from the CRM screen.
- Enhanced integration with Orion Advisor Services will enable secure, real-time access to cost basis data from Schwab Advisor Center®.
- Schwab OpenView MarketSquare ®, a website that provides advisors with peer ratings and reviews on technology solutions, including 74 RIA-focused applications and services.
- Schwab OpenView Workflow Library provides comprehensive prepackaged best practices for automating and standardizing key tasks. There have been more than 22,400 downloads from the Library since inception.