PRODUCT NEWS Planning
PRODUCT NEWS Planning through technology Integrated software boosts profitability and the customer experience for financial advisors opportunities as well as efficiently deliver complete and compliant financial solutions to their customers.” Xplan from Iress offers contemporary, cloud-based software which covers all aspects of running a successful financial advice and wealth management practice. This end-to-end offering integrates: • Client information and relationship management • Advice development and modelling • Research • Advice recommendations and documents • Advice execution and lodgement • Client portfolio management • Client engagement and experience • Compliance and risk management • Practice management Richard Bell, Business Development Manager, Iress Financial advisors in South Africa are turning to technology-driven financial planning and wealth management software to improve the customer experience and automate processes as they seek to reinvent their businesses in an age of growing compliance demands, emerging digital channels and rising client expectations. “South Africa’s financial advice and wealth management industry is changing exponentially as a new generation of consumers, seeking a better and more seamless experience, embark on their financial services journeys,” says Richard Bell, the Business Development Manager at Iress. “To improve their profitability, financial advisors are looking for unified technology platforms that enable them to better meet compliance needs, achieve greater efficiency, reduce risk and improve speed to market. They are also looking for tools that help them become more customer-centric. ”Administration across fragmented systems are not only a drain on the advisor’s time and profitability, it also has a negative impact on the client experience,” says Bell. “Shifting to integrated software empowers advisors to maximise business With the recent Xplan and Silica integration, Iress Funds Trading now enables fast, efficient and transparent trading of funds. Once FICA documents have been verified, transactions are automated. The trading software also provides access to new investments and additions, fund switching, client data, payments, fees and reports. This means financial advisors can offer their clients the broadest range of funds – from leading investment managers – at the lowest possible cost. Their clients will also have online access to their portfolios which meets the market demand for self-service options and greater transparency. Bell says: “Adopting integrated software like Xplan allows financial advisors to streamline their businesses and shift their focus from administration to adding value through the advice and service they provide their clients.” • 36 www.bluechipjournal.co.za
Tomorrow’s trades, today Leverage state-of-the-art technology to trade electronic funds from our financial advisory, portfolio management and trading software. Funds Trading from Iress provides investment managers access to an open market to make funds available to advisers, at the lowest price to investors. IN PARTNERSHIP WITH iress.com/funds-trading
