Portfolio management software provider Sharesight will continue to seek opportunities to build out its partnerships this year, following the recent addition of Esuperfund and Ebroking.
“We’ve got an open application programming interface, so we’re really encouraging others to use Sharesight and use our portfolio engine and connect other services to it as another layer,” Sharesight general manager Doug Morris told selfmanagedsuper.
“I can foresee possibilities where admin providers will come to us, like Esuperfund has done, and connect our two services so that the client wins at the end of the day.
“I really see that as the way forward – [having] those connected services.”
Sharesight was currently connected to Xero, Stockspot, CMC Markets and Intelligent Investor.
Last week, SMSF administration platform Esuperfund and its in-house broker, Ebroking, was the latest service to connect to Sharesight.
“We have [considered building our own admin platform], but from our perspective we focus on the investment aggregation, reporting and performance tracking, et cetera,” Morris said.
“And we like to keep our scope narrow considering all the extra work required for a full admin platform.
“It’s all a seamless connection, so when you click ‘okay’ all of your trading history flows through from Esuperfund into Sharesight.”
Sharesight was growing steadily with over 20,000 portfolios across Australia and New Zealand, he said.
“They are our two primary markets, but we’re expanding to the United Kingdom and Canada as well this year,” he said.
