The Andes/Schwab integration brings your clients and prospects from Schwab to Andes Risk Platform including:
- Households
- Investors
- Accounts and positions
You will see it on the Schwab integration page if the integration has been enabled and when was it last run:
Setting up Integration with Schwab
The following steps will guide you in setting up integration with Schwab in Andes:
1. Client: Submit Data Release Request to Schwab
The client needs to send a formal data release request to Schwab to start the integration process.
2. Client: Share Schwab Master Code with Andes
The client provides Andes with their Schwab master code, which is necessary for confirming the data request.
3. Andes: Confirm Request with Schwab
Andes will follow up with Schwab by emailing DataAccessRequests@schwab.com, including the firm's name and master code, to confirm that the request is in queue.
4. Andes: Receive and Sign Data Release Form
Schwab will send Andes a data release form. This form must be signed and returned to proceed with the request.
5. Andes: Receive Data Release Confirmation
Schwab will send an email to confirm that the data release request has been successfully processed.
6. Andes: Set Up Data Processing
Once the data is released, Andes' operations team will set up a batch job to process the incoming data files from Schwab.
If you need additional integration points, please contact helpdesk@advyzon.com, or your Andes contact.