Assirt signs deal
Assirt has signed its first deal since it was folded into the Wealthpoint group by announcing an alliance with doctrieve Corporation.
Under the terms of the deal, Assirt Software will distribute doctrieve's data security service, an off-site electronic storage system known as sureVault.
SureVault risk management solution backs up electronic files and stores them in an external location, where companies can retrieve them from at any time via the Internet.
ASSIRT Software will sell the service to the financial planning market and look after first level and training support to clients.
ASSIRT Software chief executive officer Mark Perica says the software is available immediately.
"After data is compressed and stored in a vault, about $70 a month will support a small office with one or two planners, a desk operator and one administration person."
He says response to the product after sampling in the market has been strong.
"Computer literacy is fairly low in the industry and besides the time and cost involved, backups can be rarely done. So the concept of having it done overnight while you are sleeping is really appealing."
Perica says the alliance with doctrieve is just one step in Assirt's push to move into other business support services to offer a complete range of practice management solutions to financial planners.
"Advisers need a lot of support in having a platform to manage their whole business and Assirt is aggressively putting alliances in place with more to come in the new year," says Perica.
Assirt will launch the sureVault service at the FPA convention starting in Melbourne on Thursday.
Recommended for you
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.