Fiserv in Pact with Morningstar

Fiserv, Inc. FISV announced today that it will enhance its Financial Advice Solutions by integrating best-in-class data and analytics from Morningstar. The agreement with Morningstar, Inc., a leading provider of independent investment research, will integrate a number of Morningstar databases into the front-office Financial Advice Solutions from Fiserv, which provide robust retirement income modeling, financial planning and Monte Carlo simulations. With the new integrated modules powered by Morningstar data, advisors will be able to access, analyze and propose multi-vehicle, multi-asset class investment portfolios with historical simulations and related performance statistics.