The External Platform Interface (EPI) standards are said to provide a common protocol for transfer of information between platforms and front-end software.
Rob DeDominicis, founding partner and CEO of InfoComp stated, âWe are delighted to be working with the Adviser Software providers in their attempt to make the EPI standards the industry standards.
âAll Wealth Management providers aim to disseminate data to their financial advisers in an efficient and cost effective manner and we are happy to work to this goal through the integration of Composer with adviser desktops using the EPI standards.â
He said doing so would provide significant efficiency benefits for clients of Composer who provide data to financial planners.
Tony Graham, Managing Director of Coin, said, âIt is great to see another leading industry player like InfoComp embracing the EPI standards.
âThe breadth of interest from the industry in the new standards has been phenomenal and thatâs great because it was always the intention to keep the standards open and non-proprietary.â