A Financial Planning firm has launched a new service giving clients access to their personal financial information in one place via their smart-phone.
Towry described it as a “new online portal” which can be accessed via its main website and can be viewed on mobile phones, tablets or desktop computers.

The company said it was responding to the rising popularity in digital technology and demand from clients.

So far, the secure service called My Towry offers portfolio reporting, personal financial management, secure messaging and documents. It has incorporated Sammedia’s moneyinfo product, which enables clients to view the value of their advised assets alongside their bank accounts, credit cards, mortgages and loans. Clients will also be able to communicate with their wealth adviser through the system, and store personal financial documents in a secure and accessible manner.

Towry is running a pilot with a number of clients, saying it wants to ensure the service is best adapted to meet their financial needs.

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Dave Percy, chief operating officer, Towry, said: “It’s undeniable that digital technologies are reshaping the way that consumers engage with their finances and that the industry must adapt to take advantage of this shift.

“From speaking to a number of our clients, we identified that they wanted more than just the ability to see their investments and pensions online. My Towry allows clients to be able to record and access every aspect of their financial life in a simple and well-presented format.

“We selected Sammedia because of their knowledge, technology and the flexibility of their product. The project teams have already delivered the first phase of the project, complete with comprehensive portfolio reporting, personal financial management, secure messaging and documents.”

Mik Cons, chief executive, Sammedia, said: “The My Towry service provides Towry clients with greater choice as to how they wish to keep track of their investments and access useful information on a range of financial topics.

We will continue to work closely with the team at Towry to provide enhancements which will further improve the client experience.”