The latest technology news in the wealth management sector from around the world.

InvestCloud
InvestCloud, the wealthtech platform, has introduced 80 new features to its digital planning tool NaviPlan. 

The upgrade also enhances the integration of NaviPlan into the InvestCloud Digital Warehouse, aggregating all client and financial data. Clients’ plans, such as around cashflow, can be linked to personalized recommendations driven by artificial intelligence.

The changes give US and Canadian clients more functions to draw upon in the tasks they face, such as estate and trust work to equity compensation and insurance planning.  

“Most financial planning software today still follows a cookie-cutter approach, which is overly focused on retirement, does not cater to the many other life goals that clients have and fails to deliver truly personalized and highly unique planning to each individual,” InvestCloud’s CEO John Wise, said.

“With an emphasis on behavioral science and design, we brought our clients into the product innovation process so that we could ensure that NaviPlan can support end-clients even better toward realizing their life goals and most complex financial needs.”