Robo-Advisor platform Emotomy has integrated into Interactive Brokers’ online trading platform. The collaboration allows advisors to access critical onboarding tools such as electronic signatures of their agreements and disclosures, as well as account opening at the broker dealer.
By combining their capabilities, Emotomy and IB allow advisors to optimize their operations so that they can focus on serving their clients rather than administrative, back office operations. It also provides access to institutional-quality risk management tools that were once only available to institutions investing billions of dollars.
Emotomy is a provider of online investment analytics, trade execution, risk management, and reporting platforms for RIAs, brokerage houses and banks. The company also offers customized portfolio management for more than 4,000 client accounts in the U.S. and Europe.
In contrast to many direct-to-consumer robo-advisors, Emotomy was created specifically for financial professionals who provide deep expertise and a safe overseeing of client portfolios. According to the Emotomy website, the platform allows users to analyze alternative investments that have traditionally been a ‘black box’ in a bid to enhance transparency for investors.
Emotomy is also integrated with other leading custodians including TD Ameritrade Institutional, Schwab Institutional, Pershing Advisor Solutions and Trust Company of America.
According to Emotomy CEO Patrick Beaudan: “Integrating with leading firms like Interactive Brokers allows us to help advisors and investors streamline onboarding and transform their investment decision-making, trading, reporting and communications into a seamless experience.”