[Photo: Advisorhub.com]

Riskalize, the risk-analytics firm announced Wednesday that it’s planning to roll out an automated account platform built around its widely used “risk number” system. “Next-Generation Autopilot Platform” is an upgrade to Riskalyze's stand-alone technology that recommends asset mixes, but leaves implementation to the user.

With the new capabilities, the firm said advisors will be able to automatically generate trades in a variety of products across multiple custodians and accounts, using their own model portfolios or 8 Riskalyze models, as well as strategies and products from outside managers.

Riskalyze integrates with Schwab, Fidelity, TD Ameritrade, Pershing and Trust Company of America.

The firm also announced an enhanced offering of its existing Riskalyze Pro service, called “Riskalyze Premiere.” The new offering adds risk scoring for retirement plans, synchronization of outside assets and data sharing for advisor teams.

Initial outside partners: AlphaDroid, Cambria, CLS Investments, First Trust, Longboard Asset Mgmt, Morningstar Managed Portfolios, NYLife Mainstay Investments, SEI Investments, Stadion Money Mgmt, State Street Global Advisors, and Swan Global Investments. Coming soon: American Funds and Blackrock.