The award was presented as part of Investment Trend’s 2018 Planning Software Benchmarking report.
The report found an industry wide shift from modular advice to solutions that encompassed goals-based advice, better business management and improved usability.
Milliman’s enterprise-grade algorithms power Advice Intelligence’s software platform which provided advisers with insights into their clients’ future financial position.
Craig McCulloch, Milliman Principal, said yesterday’s technology and a heavy compliance burden had made true goals-based advice difficult to implement at scale.
“The findings of the Royal Commission into Financial Services has underlined the need for change and Milliman is pleased to partner with forward-thinking organisations such as Advice Intelligence that are leading the way,” McCulloch said.
