Jacobi partners with Principal Asset Management to digitize FinTech-enabled portfolio offerings

By Leandra Monteiro

Principal Asset Management has partnered with Jacobi Inc., a global investment technology provider, to scale its FinTech-enabled model portfolio powered by multi-asset risk analytics and client engagement technology.

With a strong focus on digital transformation, Principal® empowers advisors with analytics and tools that enable them to better serve their end customers. Jacobi’s cloud-based technology will provide Principal with a configurable platform that enables more meaningful analysis of portfolios by delivering forward-looking and historical analysis in a fully integrated visual environment. Storytelling is central to the investment process, and Jacobi’s storyboard and reporting technology supports in-depth analysis of risk and return in a portfolio and the process of communicating its impact on portfolio objectives.

Mike Casciano, Head of Model Strategy at Principal Asset Management said: “Working with Jacobi to create proprietary multi-asset risk analysis will make it easier for advisers to understand how model portfolios will behave under different market conditions. We are pleased to offer advisors access to tailored, forward-looking and historical analyses.”

Tony Mackenzie, Managing Director of Jacobi said: “It is very gratifying to work with such a well-regarded asset manager. This partnership with Principal will help them deliver superior analytical and engagement tools to their investment teams and advisors and ultimately better results for the end client. Unsurprisingly, there is strong demand for our technology due to the increased need for investment firms to scale and connect investment processes and increase the quality of engagement with clients. Jacobi has a global footprint and a strong pipeline – with more new business wins to announce later this year.”