It said it will also allow for Class funds to be prepopulated, updated and used throughout AdviceOS like a normal portfolio.

Further, Midwinter added that the integration requires very little manual set-up or training, and users can begin utilising the joint solution immediately after it has been activated.

Midwinter executive director and chief technology officer Andrew McClelland said he was delighted to further expand their open technology ecosystem.

“By undertaking this partnership, we are further opening up the suite of choice for advisers when it comes to picking their tech stack which, at the end of the day, should be the focus of the future within financial planning technology,” Mr McClelland said.

“The idea of open API isn’t a ‘new age’ philosophy anymore. This is a must have for any fintech who wants to be operating in five years’ time.”

Class strategic alliances director Glenn Poynton said a key component of its development is the delivery of further support for advisers.

“This latest development is a great example of using best practice technology integration to help advisers drive greater business efficiencies, reduce costs and boost client service levels,” Mr Poynton said.