The technology, which includes a remuneration module, will initially be implemented across AES International’s advice and practice management operations, before being extended to integrated trading, as part the company’s plan for a single platform to grow its investment portfolio service.
The Xplan software covers all aspects of the advice process with interactive modelling and reporting tools, automated audit trails, and allows clients access to their portfolio data via mobile phones.
Better visibility
AES International’s chief executive Sam Instone said: “Operating a wealth business across multiple jurisdictions can be challenging at times, particularly with remote advisers and across disparate technology systems.
“We had previously struggled to find a single system to meet our requirements but having Xplan in place has enabled us to remove inefficiencies and demonstrate consistency throughout our organisation, an important benefit for both our advisers and their clients.
“We have already noticed a dramatic improvement in adviser engagement as a result of accessible and intuitive technology which helps us deliver better reporting and visibility across our processes.”
IRESS supplies technology solutions for clients in the financial markets, wealth management, and mortgage sectors from offices in Australia, Asia, Canada, New Zealand, South Africa and the UK.
