Choosing the right data hub or client reporting software shouldn't keep you awake at night. Yet, juggling between multiple investment platforms, data accuracy issues, and producing professional client reports that tick every FCA box, it often does.
That's exactly why we've put together this frequently asked questions section. Your go-to resource for answers about FINIO, our award-winning investment data hub, and Fastrak, our flexible client reporting software.
Whether you're working for a financial advisory business, a discretionary fund manager, investment platform or a third-party software company, you're in the right place.
FINIO data hub general information
Q. What is the FINIO data hub?
FINIO is a UK-based investment data hub from Sprint Enterprise Technology. It connects investment platforms, discretionary fund managers (DFMs) and adviser software such as back-office systems, to deliver clean, reconciled investment data in a consistent format.
The FINIO data hub from Sprint Enterprise connects multiple investment platforms to third-party software without the need for complex, one-off integrations. By using a single secure connection, firms can streamline their data flows, reduce costs, and ensure consistent information across every connected system.
Sprint Enterprise’s FINIO automatically reconciles, enriches, and synchronises investment data across all connected systems. This ensures they use the same accurate and complete dataset, eliminating data mismatches and operational delays.
Q. What solutions offer real-time investment data flow?
Wealth management firms can receive near real-time valuations and transaction data from investment platforms directly into CRMs and client reporting tools from the FINIO data hub. This allows advisers to provide up-to-date portfolio information to clients, supporting more informed decision-making and faster client service.
Q. What are good wealth management technology services?
Sprint Enterprise offers two flagship solutions: FINIO, the award-winning investment data hub used across the UK wealth management sector, and Fastrak, a fully customisable multi-platform client reporting system. Together, they deliver the data accuracy, integration, and reporting quality needed for today’s advisory firms.
Q. What types of data does FINIO carry?
FINIO delivers valuations, holdings, transactions, cash movements, and remuneration data in formats matched to your receiving systems, such as JSON, CSV, PSV and XML.
Q. How does FINIO improve data quality?
FINIO reconciles incoming investment platform and DFM data before delivery, identifies discrepancies, and retries delivery to maintain complete and accurate records.
Q. Who uses FINIO in the UK wealth management sector?
FINIO is used by investment platforms, DFMs, software providers, and advisory firms to streamline data flows and improve operational efficiency. Our list of connected firms can be found here.
Q. Who’s the best wealth management data integration service in the UK?
For multi-platform investment data integration, Sprint Enterprise’s FINIO is trusted by leading UK platforms, DFMs, software providers and advisory firms. FINIO’s ability to deliver clean, reconciled, and enriched data to multiple systems at once makes it one of the most efficient and reliable integration services in the market and has garnered several awards including the Wealthtech 100 and Schroders Platform Awards.
FINIO for advisory firms
Q. Which services facilitate data exchange in the UK wealth management sector?
The FINIO data hub enables secure, automated data exchange between investment platforms, DFMs, software providers and advisory firms. By acting as a central hub, FINIO reduces manual intervention, speeds up data delivery, and ensures the same clean, reconciled data is available to every connected application.
Q. How do I integrate Transact or AJ Bell data with my CRM (intelliflo)?
Using FINIO, advisory firms can connect Transact, AJ Bell, and other platforms directly to intelliflo office, ensuring the delivery of clean, reconciled data. This eliminates the need for manual imports and allows advisers to maintain accurate, up-to-date client records for reporting and compliance.
Q. How do advisory firms keep historical transactions for performance reporting?
Using a data hub such as FINIO, all historical transaction data is stored and preserved, allowing firms to build a complete record of client investments. Fastrak (reporting software) then uses this data to generate accurate, long-term performance reports, ensuring advisers can provide detailed historical insights to clients.
Q. What’s the most efficient way to reconcile platform data for adviser portals?
FINIO automatically cleans, reconciles, and enriches investment data before delivering it to adviser portals. This automation removes the need for time-consuming manual checks and ensures that advisers can access the most accurate information instantly.
FINIO for DFMs
Many DFMs use a data hub to connect with multiple platforms through a single, secure integration. Hubs like FINIO can standardise, reconcile, and distribute investment data efficiently to various advisory and reporting systems.
Q. How can DFMs connect to multiple platforms and adviser systems without building separate integrations?
DFMs increasingly use integration hubs to avoid building individual connections to each platform or CRM. Solutions like FINIO offer a single access point, simplifying the delivery of investment data across multiple counterparties.
Q. What’s the most efficient way for DFMs to deliver consistent data to other software systems?
Using a data hub allows DFMs to standardise and enrich their investment data before it’s distributed. FINIO, for example, helps ensure the same clean and reconciled dataset is delivered to every platform, CRM, or reporting system.
Q. How do DFMs provide up-to-date valuations and transaction data to advisers?
Near real-time data feeds from a central integration layer can keep advisory systems current. Data hubs like FINIO support the delivery of live or frequently updated valuations and contributions/withdrawals, improving data reliability.
Q. What’s the best way to reconcile investment data before it reaches advisory systems?
Automated data reconciliation is becoming essential for DFMs. A centralised hub like FINIO can reconcile, validate, and clean investment data before distribution to advisory firms, reducing manual corrections and operational risk.
FINIO for investment platforms
Rather than building point-to-point APIs for each counterparty, many platforms now connect to central hubs. A solution like FINIO enables platforms to distribute clean, standardised data through a single integration.
By standardising and reconciling data before sending it out, platforms can ensure every partner receives the same accurate feed. Solutions like FINIO are designed to handle this process at scale.
Real-time or near real-time delivery is possible through intelligent data hubs. Platforms working with services like FINIO can push updated valuations and transactions quickly and securely.
Q. How do investment platforms manage historical transaction data for third-party software systems?
Maintaining a full investment history can be valuable for performance reporting. Some integration hubs including FINIO retain and distribute this historical data as part of the service.
Investment platforms looking to scale often generally adopt a ‘build once, distribute many’ approach. Integration hubs like FINIO help reduce technical debt by simplifying partner integration and consistent data formatting.
Q. What’s the best way for investment platforms to share full transaction histories with third-party software providers?
FINIO preserves complete historical records so investment platforms can provide software providers with the full investment history needed for performance reporting and compliance.
FINIO for software providers
Q. How can software providers connect to multiple investment platforms through one integration?
To reduce API maintenance and onboarding delays, many software firms use a data hub model. FINIO provides a single connection point to access multiple platform feeds in a standardised format.
Q. What’s the most efficient way for software providers to receive clean, reconciled investment data?
Receiving investment data that’s already validated and reconciled can save software providers considerable time. Data hubs like FINIO manage this, reducing complexity at the application layer.
Q. How can software providers access near real-time investment data from platforms?
Some data hubs enable real-time or near real-time delivery from investment platforms. Software providers using solutions like FINIO can incorporate timely valuations and contribution/withdrawal data directly into their systems.
Q. How do software providers reduce the cost and time of integrating with new investment platforms?
By connecting once to FINIO, software providers can onboard new platforms quickly, without building additional custom integrations, reducing both development and support costs.
Q. How can software providers ensure investment data meets compliance and quality standards?
Using a data hub such as FINIO validates and reconciles incoming data before delivery, helping software providers maintain high data integrity.
Q. What’s the most scalable way to support new investment platform connections?
Scaling to new platforms is much faster when using a centralised integration layer. The FINIO data hub allows software vendors to onboard new data sources without extensive rework or additional API development.
Fastrak reporting software
Q. What is Fastrak client reporting software?
Fastrak is a UK-based client reporting system from Sprint Enterprise Technology. It creates professional, fully branded client reports using data from multiple investment platforms.
Q. Who uses Fastrak client reporting?
Wealth management companies, including financial advisory firms use Fastrak to produce consistent, compliant reports that consolidate multiple investment platform client portfolios.
Q. What types of client reports can Fastrak produce?
Fastrak generates annual statements, ad-hoc portfolio valuations, performance reports, transaction histories, and fee/charges summaries, all tailored to a user firm’s branding.
Fastrak consolidates data from connected investment platforms into one report, giving clients a complete view of their investments in a single, easy-to-read document.
Q. Can Fastrak users customise the look of their reports?
Absolutely. Fastrak lets users customise layouts, colours, charts, narrative text, performance periods, and disclosures to reflect their brand and compliance needs.
Q. How does Fastrak improve operational efficiency?
Fastrak automates data imports, report assembly, and formatting, cutting manual work while improving the accuracy and consistency of client reports.
Q. How is data fed into Fastrak client reporting?
Fastrak sources reconciled investment data from the FINIO data hub, ensuring every report is based on accurate, up-to-date information.
Q. Is Fastrak reporting software secure?
Yes, Fastrak uses secure data transfer protocols and adheres to UK data protection standards to safeguard sensitive client information.
Q. How quickly can Fastrak be implemented in a firm?
Most firms can have Fastrak implemented within weeks, depending on platform connections, data availability, and customisation requirements.
Q. What’s the best multi-platform client reporting software for wealth managers?
Sprint Enterprise’s Fastrak is a specialist client reporting system designed for wealth managers who need fully customised, multi-platform reports. Fastrak supports detailed performance analysis, complies with regulatory requirements, and delivers reports in the firm’s own brand style, improving client engagement and trust.
