Praemium integrates with Xplan
Integrated managed accounts platform Praemium has integrated with Iress to help advisers seamlessly initiate new Praemium applications from within Xplan.
Praemium’s existing paperless application with digital acceptance allowed advisers to invite their clients to accept an application form online, reducing onboarding time.
The need for double entry of client information was removed, which reduced the time it would take for advisers to complete a statement of advice and an application form.
The new integration added to the list of data feeds Praemium offered to improve business efficiency and helped advice firms to create a single platform technology solution.
Mat Walker, Praemium chief commercial officer, said the firm was continually looking for ways to improve their platform usability and to support clients.
“We are delighted to have partnered with Iress to deliver this functionality to our clients and create a highly efficient end-to-end digital application process,” Walker said.
Emily Chen, Iress product executive for wealth, said: “We’re pleased to be able to offer direct account integration between Xplan and Praemium as part of our ongoing focus on increasing connectivity to create a simpler and easier experience for advisers.”
AUTHOR
Chris Dastoor
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.
