HUB24 upgrades platform capabilities
Foreign currency assets, improved Records of Advice (ROA) production processes, and stronger integration capabilities are amongst enhancements to the HUB24 platform unveiled by managing director Andrew Alcock yesterday at the firm’s Annual General Meeting.
Updates to the capabilities offered by HUB24 were announced this week and follow the firm’s acquisition of Agility Applications earlier this year.
“Advisers, brokers and accountants want to access and leverage the latest technology to improve client engagement, increase efficiency and reduce costs. They seek integrated data and reporting functions, a full range of available assets and improved user experience with back‐office efficiency,” Alcock said.
“Our open architecture is the key to providing this, as it enables greater responsiveness to changing condition.
“Helping them connect data and products, as with these latest enhancements, enables them to better advise their clients, create greater value and grow their business.”
In addition to newly-available foreign currency assets on the platform, enhancements would include the following:
- Integration and third-party account linking to enable on and off platform reporting of client assets via HUB24’s investment and superannuation platform and AgilityConnect.
- Flexible options for Records of Advice (ROA).
- An online account mapping functionality that to allow HUB24, broker and third party accounts to be linked.
- Processes for communication with clients without the need to use multiple systems and manual processes.
“To capitalise on our growth and expedite innovation and development we are further aligning our organisational structure,” Alcock continued.
“We continue to invest in technology and service improvements to assist the with delivery of advice and…portfolio management.”
AUTHOR
Hope William-Smith
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