FinPal and Investfit will be delivering real-time advice modelling for financial advisers as part of its aim to further improve the financial advice process.
Investfit’s predictive analytics will be integrated with FinPal’s financial planning software, which will enable advisers to generate modelling results in minutes, according to a statement from FinPal chief executive Stephen Handley.
He said the integration will significantly increase client satisfaction and adviser efficiency.
“Because our system uses open APIs, we’re able to connect to technologies like Investfit very easily, which will dramatically reduce the time taken to generate advice,” Mr Handley added.
Investfit co-founder James Claridge said, “The FinPal system already stores all the data our system needs. So connecting the two systems and allowing data to flow between them was a logical next step.”
Both companies have completed the integration and are now conducting beta tests with clients.
Leaders in financial services have the opportunity to widen their moats against upstart competitors. ...
The advice industry is currently in a budding phase but will “bloom in the next three to five years”, according to a new white paper. ...
ASIC has banned a Melbourne-based adviser from providing financial services and performing any function in a financial services business for six years...
Get notifications in real time and stay up to date with content that matters to you.
