Insignis

[jim.farrell]

Integration overview

We are pleased to share the news that a new third party integration is now available for Xplan users. 

This is a standard integration which means that it was built by the third party to connect to your Xplan site via the standard integration template.  Iress does not charge for this service and it can be enabled by your own site administrator using the Iress Open setting within your Xplan site.

Integration summary

Insignis Cash simplifies savings management by offering advisers access to a wide range of cash savings products— all through a single, secure platform. With over 3,500 savings products from more than 45 banks and building societies, advisers can help their clients diversify risk, secure competitive interest rates and save time on admin. Over the past decade, we've placed more than £22 billion in cash assets for 15,000+ clients. Let us help you manage your clients cash with confidence and ease.

Software type: Cash Management Platform

Locale(s):  UK

Contact details for integrator: nbfi@insigniscash.com

Website for integrator:https://www.insigniscash.com/

Description provided by the integrator:

The Insignis Cash integration delivers efficient and effective tools to simplify cash management for financial advisers.

Our Illustrator app provides financial advisers, both new and existing, with seamless access to our Instant Illustrator. Integrated directly into the Xplan Adviser Workplace, this feature allows you to generate personalised quotes for your clients’ cash assets in just seconds, all within the platform.

By leveraging real-time interest rates from the Insignis Cash platform, the Instant Illustrator quickly calculates potential returns on clients’ savings, while optimising their eligibility for FSCS protection. With just two clicks, you can send the personalised quote directly to your clients'.

Insignis Cash allows you to manager your clients’ cash savings from one platform. Using the Insignis Hub to distribute clients’ cash holdings you are able to:

• Diversify Risk.  Distribute your clients’ cash holdings across thousands of savings products from over 45 banks and building societies. Use our secure platform to help your clients access multiple accounts with FSCS coverage in one place.

• Optimise Returns.  Provide your clients with market-leading rates from some of the world’s largest banking institutions. Clients have access to 3,500+ savings accounts to suit their liquidity requirements.

• Save Time.  Our single onboarding process offers access to multiple banks and building societies. Streamline how your clients manage their cash savings. Easily monitor and report on your clients’ interest earnings.

These integrations further support our commitment to making cash management simple. By partnering with IRESS Xplan, we aim to provide financial advisers with the tools they need to offer comprehensive, streamlined, and effective advice to their clients.

IMPORTANT NOTE - This integration is not currently available for people on multi-tenanted sites. If you are unsure if this applies to you, speak to your local site administrator.

Setup instructions

Integrations are a connecting doorway between two systems and you will need to enable these from both the Iress Xplan and the Third Party integrator side before they can be used.

In Xplan: 

This integration follows the Standard Integration pattern:

• If you manage your own site: You can enable the integration yourself using this guide. Note that this must be undertaken by your site administrator.   
• If you are part of a network or dealer group: Please refer to your organisation’s support team who will undertake this on your behalf.
• If you outsource your site administration to Iress:  This integration may already have been enabled. Please contact your Iress Account Manager who will be able to confirm or raise the necessary request to progress this on your behalf. Terms and conditions are included in your managed service agreement. For details, see our website under Integrations available via Iress Open (Xplan and Private Wealth).