Advice

Apr
04

TIQK announces new CEO and Product

TIQK, Australia’s leading financial advice monitoring technology, today announced their new CEO. Steve Brown has been promoted from Head of Sales to CEO in replacement of Steve Thomson. Steve Brown has been leading teams for over 10 years while specialising in B2B digital solutions. Brown said, “I’m elated to be able to lead the talented […]

By Australian FinTech | FinTech
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Apr
02

Australian FinTech company profile #1 – Investfit

For exclusive members of Australian FinTech we’re going to do a Company Profile on each company and post it on our website, share it to our 10,000+ global social media followers and have it appear in our weekly newsletter which goes out to over 3,000 subscribers. Here is our very first profile for Investfit: 1. […]

By Australian FinTech | FinTech
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Mar
26

New FinTech platform Ontoma set to foster cooperation between regulators, compliance professionals and financial advice licencees

Award-winning software company Dexterous Pro partners with leading financial experts Lifewealth Group to launch the robust financial services platform Ontoma, to provide a FinTech solution for Australia’s financial advice licensees and their Future of Financial Advice obligations (FoFA). Ontoma is the first software response to relieve the compliance burden following the Royal Commission recommendations that […]

By Australian FinTech | FinTech
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Mar
25

FPA launches fintech assistance

Attempting to offer guidance in the maze of fintech products on the market, the Financial Planning Association (FPA) has launched an online solution to help identify which ones would most improve the profitability and efficiency of planning practices. The diagnostic tool would quantify the actual costs and time involved in providing advice services and provide […]

By Reposted by Australian FinTech | FinTech
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Mar
21

Future of advice: boutiques for some, robo-plans for the rest

Westpac chief executive Brian Hartzer says the growing cost of providing personal financial advice, including sky-rocketing regulatory costs, is creating a bifurcated financial advice market, with specialist boutiques serving customers willing to pay more for bespoke plans, while banks – sensitive about their reputations following the Hayne inquiry – shift to an automated model supplying […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice
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Mar
19

Westpac abandons financial advice

Westpac will get out of the troubled personal advice sector and two of its top executives will depart the bank as it joins its big-four rivals in abandoning the once-dominant model of vertical integration. The bank announced on Tuesday it would exit the high-cost, loss-making business, producing $280 million in savings by 2020. Westpac group […]

By Reposted by Australian FinTech | Banking . FinTech
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Mar
07

Practifi integrates with XPLAN to create an end to end business technology solution for Australian financial advisers.

Practifi, the business management platform for financial advice, has today announced their integration with Iress XPLAN, which will be available to clients in their forthcoming product update. The integration will provide advisers with a business management solution that proactively improves compliance and increases efficiency by eliminating data duplication with a single, fully integrated client record. […]

By Australian FinTech | FinTech
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Feb
25

IRESS CEO Andrew Walsh tips widespread automation of financial advice

Financial services software company IRESS is tipping a burgeoning role for the automation of financial advice in the aftermath of the Hayne royal commission as the sector looks to rebuild trust. The business, which is valued at $2.2 billion, ​provides a full suite of software services ranging from client relationship management to portfolio tracking for […]

By Reposted by Australian FinTech | FinTech . Investing
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