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BT Financial exec joins YTML

Advice IT consulting firm YTML has announced three new senior hires including the appointment of a former BT Financial executive.

In a statement last week, YTML announced the appointment of Damian Murphy to the role of principal consultant. Mr Murphy joins YTML after 20 years in the role of head of key accounts, adviser distribution at BT Financial Group.

Francis Cheung will also join the firm heading up the Advice Innovation and Solutions division, YTML said.

Mr Cheung has over 20 years' experience in advice and technology and joins YTML from his previous role as head of business solutions at Enzumo, before which he was the financial planning applications manager at StatePlus.

Carmen Lee has also been appointed to the position of business solutions consultant, the statement said.

YTML chief executive Kevin Liao said the appointments were necessary given strong demand for YTML products and services, in particular an increase in confidence in YTML’s XPLAN services.

“We have been working consultatively with advice businesses of all sizes, from the largest to the smaller boutique advice businesses, providing them with comprehensive XPLAN solutions to meet their business needs,” he said.

Mr Liao said YTML is also enjoying sustained demand for its Highlighter product, which brings to life the technology innovation of mid-size and institutional dealer groups.

“Over the past six months, YTML has continued to help solve the challenges that licensees, advisers and their business networks face in making advice better,” he said.

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“Via technology, we want to enable dealer groups and practitioners to make the breakthroughs the industry needs in order to become a trusted profession. The appointment of these highly experienced professionals to our team will help us continue to deliver on that promise.”