A Major Shift Is Coming in How Advisors Use Fintech

Summary: Full integration will overtake open architecture as the theme of the next decade. For years, financial advisors have looked for solutions that integrate, but have been provided with open architecture, which is simply the ability to connect multiple external systems to each other and transfer common information from one system to another without double entry. If we wanted to call this type of connection “integration,” we’d have to call it “loose integration,” at best.