SuperConcepts seeks to develop SMSF software

SuperConcepts SMSF software superannuation super innovation lab artificial intelligence AI brad ackermann

19 June 2019
| By Laura Dew |
image
image
expand image

Superannuation consultant SuperConcepts is to create an Innovation Lab dedicated to the research and development of SMSF software.

The lab will work on solutions which use artificial intelligence, conversational user interfaces and robotic processes to automate low value tasks and free up administrators’ time.

It will be staffed with software and accounting specialists to work on the solutions as the company looks to software solutions as a key driver of its future growth and a way to respond to customer needs.

A range of prototypes will be produced which will then be ‘tested, refined and rapidly deployed’, the firm said.

SuperConcepts chief technology officer, Brad Ackermann, said: “The technical team will bring cognitive and development skills to really focus on the ability to interpret and understand written text and verbal commands from customers in order to make automated decisions from that information.

“We see this as critical to improving the accuracy of data, keeping it up to date and being less error prone for fund administrators.”

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

James Patterson

How much did IRESS pay Deloitte for this analysis? Not sure they are the arbiter of intelligent forecasting in this spac...

17 hours ago
Howard Elton

Article makes no comment that the advisers leaving industry are older and have many years of work an life experience w...

2 days ago
Peter Robinson

This article appears to overlook the fact that there must be a fairly large group of advisers who missed out on the expe...

2 days ago

ASIC has secured travel restraint orders against a financial adviser while he is the subject of an investigation into alleged financial misconduct....

4 days 18 hours ago

Insignia Financial has unveiled a new operating model and executive team, including a new head of advice, while three senior executives are set to depart the licensee....

2 weeks 2 days ago

Analysis by Chant West of the annual performance of growth superannuation funds has uncovered which ones see the best performance....

1 week 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Ardea Diversified Bond F
144.00 3 y p.a(%)
3
Hills International
63.39 3 y p.a(%)