Fidelity Investments has released a cloud-based virtual desktop solution, providing advisors access to their desktop and business tools from mobile and tablet devices.

Fidelity is working with External IT, a cloud outsourcing company, to provide these services at a discounted rate to advisors custodying assets with Fidelity Institutional Wealth Services.

The services on offer include a central document repository hosted in the cloud, where advisors can access all of their documents and Microsoft Exchange email, and the potential to host all business applications in the cloud.

“Today, we’re looking ahead to the next frontier – products and services for anywhere advisors in their pursuit of running a practice from a mobile or tablet device,” said Edward O’Brien, senior vice president and head of technology, Fidelity Institutional Wealth Services.