New York-based RiXtrema has announced that its portfolio crash-testing product has been integrated with Morningstar’s Morningstar OfficeSM platform.

The integration will allow dual clients of RiXtrema and Morningstar to pull any account or portfolio directly into Portfolio Crash Testing 2.0 without having to upload or enter data manually.

Portfolio Crash Testing 2.0 monitors risk in portfolios and clients’ risk tolerance, alerting advisors if an account is diverging from the risk tolerance profile. The tool is currently used to manage more than $500 billion of client assets. RIXtrema's stress-testing software system has been adopted by Sweden's Nobel Foundation and several major U.S. mutual fund companies.

RiXtrema and Morningstar will hold an educational webinar on the new integration on Monday, Nov. 16.