The latest technology news in the wealth management sector from around the world.

RIA in a Box
RIA in a Box, which provides compliance, operations and registration software and services solutions, has released an open application programming interface for its MyRIACompliance® tool. 

(APIs are sets of routines, protocols, and tools for building software applications. They allow different systems to dovetail with another, which is essential, for example, if firms have different systems and when there is a merger or acquisition.)

The launch was announced at Technology Tools for Today (T3) Advisor Conference in San Diego, California, RIA in a Box said. 

The open API allows for technology providers and RIA firms to connect into the MyRIACompliance platform to ensure that compliance requirements are addressed quickly. 

"It was important for us to develop the open API for MyRIACompliance because we understand that we are a critical compliance technology and data hub for thousands of firms around the country," G J King, president at RIA in a Box, said.

Launched in 2005, RIA in a Box is led by Will Bressman and G J King. The firm says that more than 1,800 RIAs use the platform.

Skience
Skience, the wealth management services and solutions provider, has released a new platform to boost advisors’ productivity.

Version 12.0 of the Skience platform’s account opening process is available for all major clearing and custody providers and is launched directly from the advisor’s client relationship management system. 

The new offering can be integrated with the platform of Envestnet. Beforehand, Skience introduced the ability for an advisor to create and prefill a proposal from the Skience platform to MoneyGuide.

Now, advisors can prefill information from an Envestnet proposal into Skience’s new account system.

The integration also allows demographic and financial holding information to pass through both platforms. Advisors can utilize the MoneyGuideOne, MoneyGuidePro, and MoneyGuideElite solutions - as well as the MyBlocks™ offering.