Adviser platform Transact has linked with fintech provider Moneyinfo to offer what it calls a new approach to document delivery.

It said its new approach, which is now being rolled out to clients, can return time to advisers, boosting efficiency.

Through the integrated Moneyinfo portal and app, advisers can now automatically deliver key client communication, including valuation reports and statements. Removing the previously manual process will improve the operational efficiency of advisers, providing more time to focus on providing expert advice, the company said.

Tom Dunbar, chief development officer at Transact, said: “Our strategy is to make Financial Planning easier, and a key priority in doing this is to improve the technology ecosystem available to our adviser firms.

“By integrating with client portals like Moneyinfo we help advisers operate more efficiently and improve the client experience.”

Tessa Lee, MD of Moneyinfo, said: “Our collaboration with Transact is a direct response to what advisers have been asking for - greater efficiency and peace of mind. Through simplifying document delivery, this integration allows advisers to focus on their core business, knowing the technology is working behind the scenes to support them.”

The firms said the benefits of the integration “go beyond time savings as the automation of documentation also provides a seamless client experience.”

They said advisers now have a choice in how they manage document distribution, with an option to rely on Moneyinfo’s secure platform to handle everything from encrypted delivery to audit trails.

In August Transact rolled out a new Family View tool which allows clients and planners to view multiple portfolios through one account and supports inter-generational planning.

The tool was aimed at helping Financial Planners and advisers to provide clients with a holistic, 360-degree view of their family’s estate across their portfolios.

Integrafin, the parent company of Transact, reported advised client numbers on the platform rose to a record 231,581 in the three months to the end of March.