Multi-asset investment specialist Saxo Bank has issued an update to its white label clients regarding the decommissioning of its legacy platform Webconnect and the successful launch of its new platform, SaxoPartnerConnect.
Saxo explains that many of its partners have smoothly transitioned from the legacy platform.
Saxo aims to fully decommission the legacy Webconnect platform by June 30, 2024.
Feedback on the new platform has been positive, and Saxo says it is committed to improving it further.
There is a number of enhancements made to the new platform. For instance, there is a new section for license fees, as well as instrument rerating overview.
Saxo’s partners can now find a new margin monitor on the Dashboard, which will show their clients who are subject to instrument reratings or margin changes, as well as the impact it may have on their margin utilisation. This tool replaces the service emails you may get from your account manager weekly and will let you monitor the potential risk of upcoming changes and proactively contact impacted clients.
