Lonsec reveals plans to develop former van Eyk technology


Lonsec says it is almost ready to unveil its enhancements to the former van Eyk iRate technology offering, which it purchased from the troubled research house's liquidators six weeks ago.
The handover is now complete, according to Lonsec, which said it would roll out a "major update" soon.
The update, iRate version 5, will feature portfolio construction functionality for all users, Lonsec said.
The technology currently has around 2800 users, spanning financial planners and licensees, with its core offering its portfolio construction capability.
Recommended for you
A former Northern Territory financial adviser has received a seven-year ban from ASIC, having been convicted of supplying dangerous drugs and receiving or possessing the proceeds of their sale.
Both Bain Capital and CC Capital have made revised bids for Insignia Financial after completing a period of due diligence.
The advice industry has reached triple-digit gains for the calendar year to date, with two licensees seeing gains of five during the week.
Targeting market leadership in digital advice, Bravura’s digital solutions are now available to over 6 million superannuation fund members.