Advice

Jun
27

Milliman and Ignition Wealth announce synergistic collaboration

Milliman Australia Practice Leader Wade Matterson and Ignition Wealth CEO Manish Prasad today announced a global collaboration between their two firms to combine Ignition Wealth’s integrated bank grade white label digital engagement and advice solutions with Milliman’s analytics, data and consulting prowess. Wade Matterson, Practice Leader, Milliman Australia and Manish Prasad, CEO, Ignition Wealth said, […]

By Australian FinTech | Banking . FinTech
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Jun
25

YTML transforms high volume SOA changes

Fintech YTML has rolled out its newest automated solution which is helping to quickly generate high volumes of personalised Statements of Advice (SoAs) for simple advice. Terri Ho, YTML General Manager, Advice said having to write SoAs or RoAs for a change impacting a large group of clients is one of the most time-consuming, frustrating […]

By Australian FinTech | FinTech
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Jun
20

Quantifeed eyes Australian expansion with $13.5m raising

The fintech is looking to expand its B2B robo-advice business in Australia as a part of a $13.5 million venture capital raising announced today. The series B funding was led by Taiwanese giant Cathay Financial Holdings, with participation from US-based asset manager Legg Mason, and will go towards Australia and Asia Pacific growth. “We will […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice . Venture Capital
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Jun
18

Britain’s Intelliflo expanding to Australia to take on IRESS

Britain-based wealth management software company Intelliflo is expanding to Australia and intends to aggressively pursue incumbent player IRESS’ customer base and dismantle the $2 billion company’s monopoly in Australia. Intelliflo, which is led by Australian Hamish Purdey, was recently acquired by global investment management company Invesco for an undisclosed sum, giving the business the resources […]

By Reposted by Australian FinTech | FinTech
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May
30

Moneysoft calls on financial planners to help clients understand their expenditure following Royal Commission revelations

Financial planners need to broaden their role and help clients understand their household expenses in the wake of the Royal Commission’s damning revelations. Australian households have racked up record levels of debt as interest rates have been cut to historic lows in recent years, but the Commission heard that most lenders still over-rely on the […]

By Australian FinTech | Banking . FinTech . Investing
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May
24

Midwinter delivers technology to Suncorp Advice

Australian based financial advice technology firm Midwinter has today announced it will deliver technology services for Suncorp’s salaried financial planning business – Suncorp Advice. Midwinter was selected by Suncorp upon review of its financial planning business, which included testing by Suncorp advisers and paraplanners. AdviceOS will provide Suncorp with – Enhanced system capabilities – including […]

By Australian FinTech | Banking . FinTech
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May
21

Advice documents still not clear, concise and effective

Many clients are simply not understanding the advice being presented in Statement of Advice (SoA) documents, because they are still not clear, concise and effective, according to leading fintech, YTML. Over the past three years YTML, which provides a number of advice technology solutions, including a paraplanning service, has seen over 50 different SoA templates. […]

By Australian FinTech | FinTech
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May
21

Pensioners prime market for robo-advice

There is considerable opportunity to provide robo-advice to pensioners seeking affordable, accessible and personalised advice, according to GlobalData. The company’s 2017 Life & UK Pensions Survey found that 63 per cent of individuals accessing financial advice used it to discuss pensions, which usually was through visiting online platforms that provided automated advice. GlobalData pointed to […]

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