Financial services technology solutions provider Fiserv has entered an agreement with Morningstar to improve its financial advice solutions. Fiserv will integrate a number of Morningstar databases with its front-office financial advice solutions, which offer retirement income modeling, financial planning and Monte Carlo simulations.

The new integrated modules will enable advisors to access, analyze and propose multi-vehicle, multi-asset class investment portfolios with historical simulations and related performance statistics. Fiserv’s front-end analytics engine will also contain Morningstar’s returns and holdings-data for U.S. mutual funds, exchange-traded funds, separately managed accounts and individual U.S. equities.

Click here for the release from Business Wire.