Bridge Financial Technology and SmartRIA Announce Data Integration and Partnership

Bridge Financial Technology (BridgeFT) and SmartRIA announced a new integration today that enables RIA firms to more efficiently oversee their compliance requirements.

This integrated solution allows advisors to view key household position and transaction information, streamlining a number of compliance workflows. The integration includes alerts when accounts have a high cash balance or have not been traded. Given increased regulatory focus on these areas, the integration will be particularly helpful in automating and demonstrating oversight during audits. Fintech News

Together, BridgeFT and SmartRIA help advisors run a more efficient practice through integrated and automated technology. BridgeFT’s portfolio management software, Atlas, automates administrative tasks, such as client billing and reporting, so advisors can focus their time on serving their clients. Using key custodial data points, Atlas provides deeper client insights, allowing advisors to build stronger relationships with their clients. With an already strong foundation of features, layering in the integration with SmartRIA allows Atlas to expand capabilities and proactive insights into the compliance realm.

“SmartRIA is dedicated to continuously improving our platform’s simplicity and ease of use, and expanding the depth of our coverage of RIA compliance issues”, stated Mac Bartine, CEO of SmartRIA. “Integrations and partnerships with innovative technology providers like BridgeFT are key to these efforts, as they allow us to collectively do more for our mutual clients with less effort on the client’s part. We’re especially excited that BridgeFT shares our passion for simplifying complex operational issues, and that bringing their data into SmartRIA significantly expands our clients’ ability for surveillance and oversight of their fiduciary obligations. We look forward to offering our clients better, easier compliance with our new BridgeFT integration and partnership.”

Rasheed Hammouda, BridgeFT CEO added, “Bridge strives to create partnerships that benefit our clients by expanding our platform capabilities through robust integrations. The partnership with SmartRIA allows us to build off one of our core competencies, data management and integrity, and couple that with SmartRIA’s specialized compliance surveillance capabilities. This powerful integration will prepare advisors and give them a more comprehensive oversight of their client accounts.”