Software to ‘bake-in’ compliance standards: Decimal
Financial advisers and dealer groups will be able to track and record every client interaction they have, to ensure compliance standards are being met, with the roll-out of a new IT solution, Decimal Softwar Limited claims.
Decimal executive chairman, Michael Sertorio, said the launch of its services would enable advisers to fully integrate online marketing and client engagement, CRM, workflow and provide instant statements of advice documents to clients.
The software provider said it aimed to bring "enterprise-grade solutions that will transform the way personal financial advice is delivered and its economics," to Australian Financial Service licensees, while reducing compliance risk.
"Consistent with our strategy communicated to investors earlier in 2014, we are now accelerating our delivery of products to the market that will provide advisers a new way to grow their business whilst solving the existing complexity associated with compliance management," he said.
"We expect the uptake of these solutions to add further momentum to our growing customer base signing up for new capability."
AUTHOR
Nicholas O'Donoghue
Recommended for you
Shaw and Partners’ new national head of private wealth believes the biggest challenge for financial advisers right now is being able to deliver efficient advice delivery amid a complex regulatory environment and growing investment universe.
Global equity manager Orbis Investments has appointed a head of marketing from Capital Group as it becomes the latest manager to target advised retail investors.
While Australia prepares for the $3.5 trillion intergenerational wealth transfer, two female advisers have discussed why women may be detracted from seeking advice and the impact of the gender imbalance in the industry.
ETF provider Betashares has launched a global bond ETF as investors pour billions into cash and fixed income ETFs.
