Refinitiv Acquires Advisor Software

Refinitiv announced the acquisition of strategic assets from Advisor Software Inc. (ASI), adding functionalities to Refinitiv’s Wealth Management offering including enhanced digital advice capabilities and digital portfolio analysis. ASI’s technology is interoperable and cloud-enabled and will be integrated into the recently launched Refinitiv Digital Investor. ASI’s assets provide Refinitiv with a digital advice platform that enables tax-aware portfolio rebalancing, Monte Carlo-based progress-to-goal tracking, cash flow and portfolio analysis, investment modeling, and proposal generation. ASI also offers a series of APIs that are customizable and brandable to enable a wealth management firm to construct its own digital advice experience.