News and Updates
Panoramix™ and Riskalyze Bolster Technology Integration to Create New Efficiencies for Financial Advisors
Innovative performance reporting and billing technology system now automatically displays Riskalyze’s Risk Number® to help advisors align risk levels in performance reporting and portfolio analysis
EAGAN, MN. March 5, 2019. Panoramix™an innovative advisor technology platform, announced today a new technology integration with industry-leading risk alignment platform Riskalyze. Advisors using both systems can automatically view each client’s Risk Number® and display them on both internal Panoramix advisory reports, as well as client-facing reports.
“We share a number of advisor clients with Riskalyze, and this new technology integration will help advisors using both systems to automatically see client Risk Numbers so that they can synchronize their portfolios accordingly,” said Chris Hastings, CEO of Panoramix.
Panoramix tightened its existing integration with Riskalyze by adding the iconic Risk Number to both internal advisory and client facing reports, the latter as an optional feature that can be configured when reports are generated.
By adding the client’s Risk Number and the Risk Numbers of the client’s portfolio and accounts, Panoramix assists advisors with matching the desired risk level to their actual at a glance. Additionally, by running a single firm-wide report, advisors can visually review mismatched risk levels in minutes, facilitating opportunities to take appropriate actions and adjustments.
“Panoramix has been a great Riskalyze partner over the last several years, and we are delighted to extend the usefulness of both platforms through this innovative integration,” said Riskalyze CEO Aaron Klein. “Advisors using integrated systems are more productive, profitable and scalable, so any time we can deepen our integrations, the more valuable we all become in facilitating advisor success.”
Recently, Panoramix was rated the highest in user satisfaction in the prestigious T3 Software Survey. Over 5,500 advisors weighed in on their technology usage and levels of satisfaction. In the portfolio management category, Panoramix beat out 21 other systems and platforms that were reviewed by advisors, with Panoramix scoring 8.22 on a 10-point scale for user satisfaction.
“This tighter coupling of Panoramix and Riskalyze is an example of our continued commitment to enhancing the platform to continue to make Panoramix the best value in the industry. We appreciate Riskalyze being an excellent technology partner, as we do our custodial partners,” said Hastings.
Riskalyze is the company that invented the Risk Number®, which powers the world's first Risk Alignment Platform, empowers advisors to automate client accounts with Autopilot, delivers the first risk-centric 401(k) experience with Riskalyze Retirement Solutions, and enables enterprises to develop real-time visibility, increase revenue, spot issues and navigate changing fiduciary rules with Compliance Cloud. Advisors, broker-dealers, RIAs, asset managers, custodians and clearing firms use the Riskalyze platform to empower the world to invest fearlessly. To learn more, visit riskalyze.com.
Sapphire Software Services inc., a custom software and business-to-business automation company founded in 2003, developed Panoramix® for financial advisors in 2013 and completes 16 planned releases per year to the product. Sapphire brings business applications to the web, provides consulting services with the best vendors and partnerships, and offers professional development capabilities to automate business processes. Sapphire specializes in business application software development for companies in the financial services sector. Panoramix, its award-winning flagship software tool for portfolio management for financial advisors, focuses on providing multi-custodial performance reporting and client billing, with a wide-ranging additional feature set. Sapphire markets under the name Panoramix Financial. For more information on Panoramix connect with us at www.panoramixfinancial.com.
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