P1 Investment Services has launched a bolt on feature to its platform, allowing investment managers to create and manage portfolios within their own Microsoft environment.
Invest pilot is built on Microsoft's power platform and integrated with P1’s API tool meaning managers can access the feature through the power apps desktop and mobile applications or add it as an app within other applications like Teams.
According to P1, invest pilot will be rolled out to all DFMs currently operating models on the P1 platform over the coming weeks and to all new managers added to the platform going forward.
With the feature, managers can create their platform profile including details about their firm and service offerings as well as add ethical and sustainable descriptions if applicable.
The profile created will feed into P1’s report pilot available through the platform making client reporting bespoke for advisers.
P1 has said managers will also be able to see information such as last rebalance date, number of clients invested, assets under management and number of wrappers attached.
James Priday, chief executive of P1, said: “Invest pilot is set to transform how portfolios are managed on our platform, leveraging cutting-edge technology to deliver efficiency and control to investment managers.
“Building on the power platform enables us to provide robust and scalable technology that integrates seamlessly, with the added benefit that users do not need to remember yet more login credentials. This is just the beginning of a range of tools we’ll be launching soon, following the recent launch of the P1 customer app, API and reporting suite."
Dan Minett, investment manager and founder of 5 Horizons, added: "As an investment manager working with advice firms, being able to create and manage model portfolios quickly and efficiently is vital.
"We use numerous Office365 applications, so the fact that invest pilot works as an app within Teams is a major benefit.”
P1 will also be rolling out AI integrated features to enhance annual reviews, performance reporting and investment proposals.
alina.khan@ft.com
