Portfolio management software provider Croesus announced it has partnered with fintech company, Conquest Planning, to give Croesus users the ability to build customized financial plans for their clients based on the data residing in Croesus.
The strategic partnership agreement will allow Conquest Planning to provide financial plans by connecting to Croesus’ back office, which will feed client data into those plans. “The Conquest Planning solution will help meet our users’ and end-clients’ demand for tailored financial planning,” says Croesus president, Sylvain Simpson. The wealth management and portfolio management system currently provides rebalancing and data analytics which allow wealth management professionals to manage performance and make informed decisions. Conquest Planning, meanwhile, established in 2018, delivers personalized and prioritized financial planning strategies.
“A recent survey by the Financial Consumer Agency of Canada showed that 67 per cent of requests for financial information by Canadians in the previous 12 months was for general financial planning advice or more specialized financial planning information and solutions,” the company said in a statement announcing the partnership. “The joint capacity of Croesus and Conquest will facilitate investment advisors’ work and allow for better servicing of their clients’ needs regarding financial planning and the complex issues surrounding its production.”