AdviserLogic launches compliance tool
Given adviser compliance was put under the spotlight in 2018, it’s no surprise fintechs are joining the RegTech space, with AdviserLogic launching its Dashboards tool to allow Australian Financial Services licensees (AFSLs) to monitor the compliance of their advisers in real time.
AFSLs would be able to gain insights from automatically-updated and configurable dashboards, highlighting areas of concern and opportunities in compliance, revenue, investment and insurance.
AdviserLogic group chief executive officer, Daniel Gara, said the fintech would bring dealer compliance management to a whole new level.
“Technology is finally empowering AFSLs to approach compliance proactively, rather than reactively, and given the year advice had in 2018, it has never been more important to be on the front foot in this area.”
The fintech expected dashboards to be further enhanced in the coming quarter to make the most of the digital statement of advice product that it would bring to market.
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.
