Milliman’s practice leader, Wade Matterson, and Ignition Wealth’s chief executive officer, Manish Prasad, have announced a global collaboration to combine Ignition’s digital engagement and advice solutions with Milliman’s analytics, data and consulting services.
Matterson said the symbiotic collaboration comes off the back of the firms’ growing global footprints and would enrich the advice experience and enable better financial outcomes for every consumer.
He said with global and Australian scrutiny of the financial services industry at an all-time high, financial advice providers had to start integrating technology to deliver better outcomes for clients.
Prasad said the Milliman platform offered the most robust actuarial technology in the market, and would provide Ignition’s existing customers with more value.
“Underpinning Ignition Wealth’s bank-grade enterprise solutions with the Milliman data platform ensures that we deliver world-beating digital decision-making and advice at scale, with an enviable actuarial pedigree,” he said.