Integrating Perseptiv + Fi360 Fiduciary Focus Toolkit™ (Step-by-Step)

Integrating Perseptiv + Fi360 Fiduciary Focus Toolkit™ (Step-by-Step)

Integrating Perseptiv and the Fi360 Fiduciary Focus Toolkit™ requires the report automation add-on (if not already activated) within Fi360.  If your current Fi360 subscription doesn't include this add-on you'll need to upgrade your subscription first to use the integration. Follow the steps below.

Upgrading Your Fi360 Subscription 
Complete steps 1-3 to purchase the report automation add-on (if not already activated) and then add the Perseptiv Endpoint.

1. The billing user logs into Fi360 and clicks the gear icon in the top right corner. 
2. Click on the subscription tab and then click to modify the Toolkit subscription.



3. Toggle on the "Webhook" add-on and then click NEXT.  It will show a quick pro-rate screen with the $ amount to charge today as it will pro-rate based on your next billing date.  Accept that and it will be activated.


Once the report automation add-on is purchased, follow the steps below to connect Perseptiv and your Fi360 Fiduciary Focus Toolkit™.  Please visit https://fi360.zendesk.com/hc/en-us/articles/37962262842643-Monitoring-Report-webhook-integration-with-Perseptiv if you have any additional questions related to Fi360.

Integrating Perseptiv + Fi360 Fiduciary Focus Toolkit™
1. In Perseptiv, go to "Settings" on the left hand menu and click the "Manage Firm" tab.



2. Make sure the "Enable Fi360 Integration" toggle switch is turned on.  Then copy the "Webhook URL for Fi360 Monitoring Reports (Completed)" and head over to your Fi360 account to connect your firm's Perseptiv account and Fi360 account.



3. In Fi360, click on the "Applications" tab within the Settings area.  Then, click on Webhooks and then ADD ENDPOINT.


4. Copy the Fi360 Webhook endpoint URL that is shown within Perseptiv.
5. Paste that into the Fi360 URL box and then select the "events" that you want to trigger the transmission.    You can enter a short description for your own reference and leave the child workspaces toggle unselected unless you have many workspaces within your subscription.
  1. For the Perseptiv integration, you can only use only the 'Toolkit: Monitoring Report Completed' event.
  2. You can control this event very explicitly to avoid sending draft reports that are not finalized.  So, you would use the Toolkit to generate a 'client ready' version and review it to ensure it's good to go.  When you are ready, you can then mark that report as complete (individually or using our batch utilities) which will then trigger the event to send the data to Perseptiv.   



One-Time Setup for Each Plan
Now that you have the Webhook endpoint setup, you just need to ensure that the clients in the Fi360 Toolkit can match up with the Plans in Perseptiv.  Follow the steps below.

1. Within Perseptiv, navigate to the Companies tab and copy the "FI360 REFERENCE" field for each plan.  These reference numbers are system generated and cannot be edited.  You can also retrieve this information in bulk download by using the CSV download.



2. Within the Fi360 Toolkit, navigate to the Clients tab and click to edit a client's details. 


3. You will see a field for "External Client Id".  Paste the value from Perseptiv into this field and save.



4. Now, any Monitoring Report you mark as 'complete' for this client will automatically be sent to Perseptiv on an ongoing basis.  Within Perseptiv, you will see a record for each quarter with a drill-in to the plan holdings and details.  Fi360 sends the following key data points:
  1. Assets
  2. Participants
  3. Fund Information (ticker, name peer group, assets per fund, watch list status, current Fi360 score, and historical Fi360 scores).
We store this information on a quarterly basis and you will also be able to retrieve the Monitoring Report PDF within Perspetiv.  You can also generate and download an Investment Holdings & Watch List snapshot from Perseptiv.  
​
​

5. In addition, Perseptiv will automatically update your fee history with assets and participants and we now track these values on a quarterly basis instead an annual basis as previously done.  These automatic updates streamline the need for manual updating assets and participants and immediately update any Cost Management reports (Plan Fee Benchmark, Historical Cost Trend, etc.).



    • Related Articles

    • Perseptiv + Fi360 Fiduciary Focus Toolkit™ Integration Demo (Video)

      In this video, we walk you through the powerful new integration between Perseptiv and the Fi360 Fiduciary Focus Toolkit™, which is a game changer for for Fi360 subscribers, saving time and ensuring accurate data transfer. We detail the steps to set ...

    • File Management in Perseptiv (Fiduciary)

      In this video, we demonstrate how to manage files in Perseptiv. You'll learn how to create your own folders, save files, and organize fiduciary files for your clients. We also highlight where to find system-generated reports and how to access them ...

    • Managing Task Settings in Perseptiv (Fiduciary)

      The new task management feature streamlines your service model and workflow by managing your practice. The new "Tasks" section on the left-hand menu integrates with meeting minutes and accomplishments, saving you time. Global Task List The Task ...

    • Managing Contacts within Perseptiv (Fiduciary)

      We’ve redesigned contact creation and management in Perseptiv, allowing you to add a wider variety of contacts for better relationship tracking and management. Explore these features to see how they can streamline your workflow! ...

    • Creating Committee Charters in Perseptiv (Fiduciary)

      In this video, we demonstrate how to efficiently create committee charters within Perseptiv. We showcase the process of setting up content, templates and customizing committee charters for clients. 00:00 Introduction 01:34 Creating Templates 03:01 ...

    • Popular Articles

    • Understanding Your Dashboard (Fiduciary)

      In this video, we show how to interpret the high-level information displayed on the Dashboard page.

    • New Interface Design

      We’ve streamlined the user experience to make the platform more efficient and intuitive. Reporting and settings are now consolidated into single tabs, reducing clicks and saving you time. <br>

    • Creating a Scoring Report (Fiduciary)

      In this video, we explain how to create a scoring report once a questionnaire has been submitted. 00:00 Introduction to Assessment Process 02:01 Creating a Customized Game Plan 03:54 Finalizing and Generating Report

    • How the Prospect Assessment Process Works (Fiduciary)

      In this video, we explain how the prospect assessment process works, taking about 10 minutes to complete depending on the questions asked. 00:00 Introduction 02:00 Non-Scoring Questions 03:20 Customization Options 05:00 Submission and Follow-up

    • Creating Question Profiles (Fiduciary)

      In this video, we guide you through creating question profiles to generate your own discovery and scoring framework. Learn how to set up question profiles, tie them to specific teams, and use them for niche markets or prospect/client segments. 00:00 ...