Twenty7tec has announced a new integration between its ADVICE platform and ZeroKey, helping advisers reduce the need to manually re-enter client information across multiple systems.
The integration connects ADVICE with ZeroKey's browser extension, enabling client data to be transferred between ADVICE and compatible third-party platforms without repeatedly typing the same information.
The impact of reducing rekeying is already being demonstrated by advice firms using ZeroKey. One firm pre-populated 167 investment applications in just six months, eliminating the need to manually enter more than 50,000 characters of client data. Based on Defaqto's reported 4% manual rekeying error rate, this equates to an estimated 2,004 potential data entry errors avoided.
Across the wider user base, ZeroKey's browser extension has already helped advice firms transfer around 1.5 million characters of client data that would otherwise have been entered manually. Using the same Defaqto benchmark, this represents an estimated 60,000 potential data entry errors prevented.
Adam Newman, head of sales at Twenty7tec, said: “The ZeroKey integration is another step in Twenty7tec's commitment to helping advice firms create connected, configurable technology ecosystems that reduce friction, improve efficiency and allow advisers to spend more time where it matters most: with their clients.”
Joseph Williams, CEO and founder at ZeroKey added: "A lack of integration between the systems advisers want to use is a major industry pain point, and one that is often overlooked because developing point-to-point integrations is unscalable.
“We are therefore delighted to integrate with Twenty7tec's ADVICE CRM and add them as a source of data within ZeroKey. In doing so, we have immediately created connections between ADVICE and third-party systems that did not previously exist.
“Those using ADVICE can now reduce the rekeying involved in everyday tasks – for example, when adding a new client to their chosen investment platform – which in turn helps minimise the potential for keying errors."
