Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

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

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

2 weeks 6 days ago

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

3 weeks 6 days ago

So we are now underwriting criminal scams?...

7 months ago

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

3 weeks 1 day ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

3 weeks 5 days ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

1 week ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND