NORWALK, Conn., and ST HELIER, Jersey, January 24, 2022 - FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced that it has worked with Tiller Technologies Limited, a Jersey- and London-based financial technology company, to integrate their “Construct” product into the FactSet workstation.
Construct automates the monitoring of client portfolios for drift in risk suitability, allowing advisors to rebalance portfolios quickly without the inefficiencies and risks of manual monitoring. This integration gives FactSet’s wealth management clients the tools to manage and rebalance client portfolios, and ensure suitability and oversight of client portfolios at scale.
“Portfolio managers and advisors are searching for ways to differentiate themselves as the industry moves towards centrally managed model portfolios,” said Greg King, Senior Director of Wealth Management Strategy at FactSet. “The team at Tiller has created a workflow to easily customize client portfolios with non-model assets and clearly visualize the impact of these portfolio changes, highlighting the advisor’s added value to their clients.”
“This integration is a natural workflow extension of our award-winning Advisor Dashboard, which offers advisors the ability to surface personalized and actionable insights on their entire book of business, driving productivity and client engagement,” said King. “Our collaboration with Tiller is another example of how FactSet is continuously investing in our wealth management solutions.”
“We are extremely excited to work with FactSet. Tiller's functionality, accessed via the power of FactSet's Wealth Workstation, provides the wealth industry with powerful and easily accessible tools, at a time when client suitability and portfolio customisation have never been under so much scrutiny," said Ian Cadby, CEO of Tiller Technologies. “This tool gives wealth professionals, whether portfolio managers, risk officers or compliance managers, the ability to stay in control of suitability and, as importantly, to be able to effortlessly customise their portfolios.“
About Tiller Technologies
Tiller Technologies (Tiller) is a technology company and leading solutions provider to the wealth management industry. Financial institutions of every size—from one-person financial advisors to global banks—can use our software to boost operational efficiency and enhance their client experience. Tiller provides complete out-the-box digital wealth management capability or modular solutions tackling specific elements of the client journey, including client onboarding, identity checking and address verification, product selection and suitability assessment, client portal and portfolio management.
For further information, please see https://www.tillertech.com/solutions/construct, follow us on LinkedIn at https://www.linkedin.com/company/tiller-technologies-limited/, or contact us on +44 330 390 4500 or press@tillertech.com.
About FactSet
FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 162,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions, with the distinction of having been recently added to the S&P 500, and repeatedly scored 100 by the Human Rights Campaign® Corporate Equality Index for our LGBTQ+ inclusive policies and practices. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow us on Twitter: www.twitter.com/factset.
