Omnium offers Android answer in UK
The company which delivered Australian financial advisers an application to run risk insurance quotes on both Apple and Android devices, Omnium, has launched a similar offering in the United Kingdom.
Omnium announced the launch this week, claiming it had developed the first Android application to deliver the service to UK advisers.
It said the significance of the UK launch was that Android had sold more smart phones in the UK than iPhones.
Commenting on the move, Omnium product and account manager Trishanth Chanrahasan said the company had noted market demand for mobile technology from advisers in the UK.
Assureweb director of marketing Mark Wilson said the move into Android had represented a "next logical step".
"We experienced a growing demand for this from our customers," he said.
Recommended for you
Digital advice tools are on the rise, but licensees will need to ensure they still meet adviser obligations or potentially risk a class action if clients lose money from a rogue algorithm.
Shaw and Partners has merged with Sydney wealth manager Kennedy Partners Wealth, while Ord Minnett has hired a private wealth adviser from Morgan Stanley.
Australian investors are more confident than their APAC peers in reaching their financial goals and are targeting annual gains of more than 10 per cent, according to Fidelity International.
Zenith Investment Partners has lost its head of portfolio solutions Steven Tang after 17 years with the firm, the latest in a series of senior exits from the research house.
