Energy Super to use Decimal’s robo-advice solution

22 April 2016
| By Hope William-Smith |
image
image
expand image

Industry super fund Energy Super is using Decimal's Eqilize robo-advice solution to employ a customer-centric focus.

Eqilize was launched at the end of March and is a pre-configured offering of Decmial's delivery experience, which can be integrated simply across business systems. It is now set to service Energy Super's 49,000 strong membership base.

The platform will be used by Energy Super to increase customer engagement, enabling clients to deliver robo-advice within a set budget and suitable timeframe.

With around $5.9 million funds under management, Energy Super chief executive, Robyn Petrou, said that the partnership with Decimal would improve its offering to members.

"We like that Decimal has invested so thoroughly in its robo-platform, so that it provides customer-centric solutions we can use immediately for our current members and prospective clients," said Petrou.

"It can be integrated seamlessly with our existing systems; trusted financial advice is an important component of our offering."

The shared project will take flight in coming months, with a strategic plan for a live launch in the second half of 2016.

Decimal chief executive, Nic Pollock, said he was confident that the association with Energy Super would validate the company's decision to launch Eqilize into the competitive market.

"Energy Super is indicative of the type of organisation for with the offering is ideally suited," he said.

"This is a validation of our two-tiered solution offering that addresses the very large global market of small to mid-cap customers who need robo solutions."

Eqilize will be launched to the industry in Sydney in May.

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 days 17 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 20 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3