PureFacts Financial Solutions Partners With BridgeFT
PureFacts Financial Solutions, a data and fee analysis firm, has selected BridgeFT’s WealthTech API to provide direct access to multi-custodial client and investment account data.
In June 2023, PureFacts Financial Solutions became the primary billing application for BNY Mellon’s Pershing X wealth management platform Wove, offering daily fee reporting, advanced revenue management and sales performance analytics.
BridgeFT is a cloud-native technology provider of core software infrastructure to advisory firms, which launched in 2015. It is best known for its cloud-based performance reporting and fee billing offering, Atlas. The company has worked with various clients, including RIA firms, financial institutions (including trust firms and others) and other fintechs. BridgeFT first launched its WealthTech API in January 2023.
The collaboration with PureFacts Financial Solutions is just the latest for BridgeFT’s WealthTech API. In May 2023, Zoe Financial, a find-an-advisor service, selected BridgeFT’s WealthTech API to power its data connectivity and infrastructure. And in November 2023, retirement management software provider Income Lab began using it to aggregate multi-custodial data.
