Fiducian announces financial planning software upgrade
Fiducian Group will introduce an update to its FORCe Desktop software to help increase efficiency for financial planners.
The announcement comes on the back of positive fiscal results for the 2015 financial year which saw the group record a 28 per cent increase in underlying net profit after tax (UNPAT) to $5.75 million in total.
The update will integrate with the Fiducian platform and will allow planners to implement switch orders directly from FORCe after reviewing and modelling clients' portfolio changes.
Fiducian's chief information officer, Alan Dunne, said that planners will also be able to track changes on Fiducian Online as well as view any confirmation correspondence sent to clients.
"Orders will flow through Fiducian Online and the Fiducian platform to ensure recommendations can be implemented almost immediately after being authorised by the financial planner," Dunne said.
"Clients' portfolios are updated within FORCe as orders are completed."
According to Dunne, FORCe Desktop is presently undergoing further developments which will see more integration with Fiducian's other advice solutions.
The integration with Fiducian Online as well as the Fiducian platform will ensure that the planning network has "a holistic solution" to meet clients' needs, Dunne said.
The next phase is expected to deliver platform client correspondence directly to electronic client files within FORCe in what Fiducian Group say will be a further step towards achieving a "paperless" work environment.
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