AdviserLogic launches compliance tool

AdviserLogic/regtech/fintech/compliance/

31 January 2019
| By Anastasia Santoreneos |
image
image image
expand image

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

5 days 6 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks 6 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5