Video: Solving Data Fragmentation with Data Home

Check out Bob Conchiglia’s insights on bringing together RIAs’ different data types into a single data home.

Transcript

The way that we’ve solved the problem of creating this unified experience—first, we had to focus on the data models of each of these RIAs.

And so we created this component called “Data Home,” and what that does is it brings all three main types of data that the RIA has into one warehouse.

So we have the investment data that we are bringing in from our core portfolio management system, we’re bringing in the relationship data that that’s housed in their CRM—which is a very important piece of technology to run their practice—and then it’s the supplemental data

So it’s everything else, whether that’s from their planning system, our risk management system and even those offline Excel reports that we now get to bring back into the app, we help those RIAs create their own unique data model.

Now, from that, we’re able to create this unified experience that can incorporate all three of those different data types into different views, into different PDF report objects, into different dynamic components that we have within the application itself, including the mobile application.

And it’s been really rewarding to be able to incorporate each of those individual components and to be able to solve this big challenge that RIAs are faced with.