Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Suitebox unveils virtual advice offering

financial-planning/IT/

29 October 2015
| By Daniel Paperny |
image
image image
expand image

New Zealand software start-up Suitebox has set its sights on the development of virtual financial advice with an overhaul of its existing online solutions in a bid to "combine a digital experience" with the face-to-face interaction of a human adviser.

According to SuiteBox chief executive, Richard Mannell, the new features will allow Suitebox's online collaboration solution to be used by any financial adviser in Australia and New Zealand, allowing them to view, save and share any video records from a client meeting and all historical meetings.

SuiteBox can now also be used as a standalone solution or as an integrated solution with planning software.

"As anyone in this space will tell you, the challenge is the cost of traditional human advice and that's where SuiteBox comes in," Mannell said.

"Now SuiteBox users can leverage our virtual collaboration tools with any advice technology and smart digital experience to offer low-cost, effective and efficient virtual advice."

The move comes on the back of an announcement by Suitebox's founder and creative director, Craig Meek, at the 2015 Afiniation Fintech Showcase in Sydney last month that it will be partnering with Midwinter Financial Services to help promote financial inclusion by providing an array of offerings to regional communities in Australia that currently lack adequate access to financial advice.

Mannell said that Suitebox will be unveiling more new clients shortly as it seeks to expand its influence in Australia and New Zealand.

"SuiteBox has had an unprecedented level of interest since the recent Afiniation Showcase, and we will be making an announcement shortly on major new clients and integration partners," Mannell said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

6 days 17 hours ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 week 6 days ago

So we are now underwriting criminal scams?...

6 months 2 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

1 week 1 day ago

Libby Roy has been appointed as an independent non-executive director on the board of AZ NGA....

4 weeks 1 day ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

3 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
3