Moneyhub has integrated with Intelliflo’s API, to offer financial advisers an innovative, transparent, and holistic 360-degree view of their clients’ managed pensions and investments.
The integration means that advisers can access secure, real-time, and two-way sharing. Clients are able to see all of their bank accounts and non-advised investments aggregated in one place and securely share this with their advisers at the click of a button. Advisers in turn, can link the investments they manage, and have rapid insight into clients’ personal spending and saving behaviours.
Through the Moneyhub platform, clients will receive automated daily updates and AI categorisation of their income and expenditure, providing an extra layer of user intelligence. This strengthens customer engagement and helps advisers to identify and meet client’s specific financial needs.
Advisers will be able to benefit from Moneyhub’s technology and expand their client proposition by interacting with clients with regular digital messaging using Nudges. These friendly and timely messages could be used to remind clients to top up their ISAs before deadline day, up pension contributions, move their mortgage or even to wish them a Happy Birthday, all going directly to their mobile phone in the firm’s branding.
The money management app is currently the only Authorised Information Service Provider (AISP) and FCA regulated provider of data aggregation in the iO store.
The announcement comes following the implementation of Open Banking in January and Moneyhub's recent integrations with Monzo and Starling Bank. Moneyhub sits at the forefront of the Open Banking revolution, working with advisers, banks, investment managers, pension providers, and employee benefit consultants to provide cutting edge financial management white-labelled solutions and APIs for their clients.
Samantha Seaton, CEO of Moneyhub, commented: “Our aim is to enable advisers to offer a more personalised and efficient service to their clients. Open Banking has moved us one step closer to this, and the use of APIs provides the most reliable and up-to-date service that can be offered. We’re excited to connect with a dedicated business for advisers such as Intelliflo, and it opens up a host of opportunities to help advisers provide innovative and hyper-personalised solutions to their clients in this new age for financial services.”
Nick Eatock, Intelliflo’s Executive Chairman commented: “We’re delighted to add Moneyhub as a partner to our iO Store giving advisers a genuine choice of the digital technology they can use.”
As an active advocate for secure data sharing, Moneyhub is leading the way with aggregation. By doing so it is helping financial advisers offer a broader and more efficient service through automation, while still encouraging the use of advisers and personal intervention when required.