New advice tech to rival XPLAN
A new comprehensive advice solution, CCUBE Integrated Wealth, has launched to help advisers report and meet compliance obligations, and could be an alternative to the tech solution favoured amongst advisers, XPLAN.
CCUBE enables licensees and advisers to respond to new compliance challenges through effective FDS processing and service reconciliation. The new software provides functionality across CRM, workflow, advice strategies, projections, client portal, data feeds and portfolio reporting.
Nathan MacPhee, CCUBE chief executive, said today’s advisers are under increased regulatory scrutiny, and need help with the onerous obligations of reporting and compliance.
“Margins and time are under material pressure,” said MacPhee. “Meanwhile, technology gives clients expectations of immediate, transparent and two-way availability of information.”
MacPhee said by reducing the time spent on functional tasks, advisers can free up time to otherwise attend to business development and client interactions.
AUTHOR
Anastasia Santoreneos
Recommended for you
Far too few wealth managers are capitalising on the opportunity presented by disruptive technology to deliver personalised investment solutions to the mass affluent demographic, according to PwC.
With over half of advisers using managed accounts, HUB24’s head of managed portfolios has unpacked the benefits driving their usage and how they can be leveraged by advice practices.
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
ASX-listed platforms HUB24, Netwealth, and Praemium have used their AGMs to detail how they are using artificial intelligence to improve their processes and the innovative opportunities it presents.
