BMO’s wealth management division has chosen FactSet, a global financial digital platform, as its primary market data provider.
FactSet is deploying its modern, flexible Advisor Workstation to BMO Wealth Management professionals across Canada to support its digital transformation objectives.
The implementation equips advisors with FactSet’s industry-leading content and analytics within a comprehensive and intuitive web-based interface that enhances BMO Wealth Management’s broader technology ecosystem to drive advisor productivity and client engagement efforts.
The expanded relationship with the firm represents another significant win in the wealth management sector, and confirms FactSet’s strategy to deliver flexible, robust, and differentiated solutions that power our clients’ digital transformation journeys across their enterprise.
FactSet EVP and head of research and advisory solutions Goran Skoko said, “Our collaboration demonstrates how FactSet’s solutions enable enterprise-wide digital transformation and reinforces our commitment to the Canadian market.
“We are thrilled to work with BMO, who are committed to implementing new technologies that will enhance communication, efficiency, and the advisor experience, and drive improved customer outcomes.”
BMO Private Wealth COO Bruce Ferman remarked, “We are pleased to work with FactSet to help drive progress in BMO Wealth Management’s digital transformation journey. Together, BMO Wealth Management’s professionals will be equipped with the technologies to deliver enhanced client engagement and experiences.”
FNZ, a fellow WealthTech, recently made its second acquisition in a week by purchasing US firm YieldX.
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