New advice tech to rival XPLAN
A new comprehensive advice solution, CCUBE Integrated Wealth, has launched to help advisers report and meet compliance obligations, and could be an alternative to the tech solution favoured amongst advisers, XPLAN.
CCUBE enables licensees and advisers to respond to new compliance challenges through effective FDS processing and service reconciliation. The new software provides functionality across CRM, workflow, advice strategies, projections, client portal, data feeds and portfolio reporting.
Nathan MacPhee, CCUBE chief executive, said today’s advisers are under increased regulatory scrutiny, and need help with the onerous obligations of reporting and compliance.
“Margins and time are under material pressure,” said MacPhee. “Meanwhile, technology gives clients expectations of immediate, transparent and two-way availability of information.”
MacPhee said by reducing the time spent on functional tasks, advisers can free up time to otherwise attend to business development and client interactions.
AUTHOR
Anastasia Santoreneos
Recommended for you
As global PE firms scope out the Australian wealth management industry, Finura predicts which other local names may potentially receive a takeover offer this year.
The Sydney-based advisory group has welcomed a new partner to its ranks, who previously led advice licensee businesses at Insignia Financial and MLC/NAB.
New York-based firm CC Capital has bumped up its offer to stay ahead of rival bidder Bain Capital.
In a tight race against Morgans, AMP Financial Planning has won back its position as the largest individual licensee in Australia, according to Wealth Data.
