Allows financial advisers to deliver automated, objectives-based, simplified advice to meet a range of client needs, saving significant time, by leveraging the powerful capabilities of XPLAN
Uses the underlying power of XPLAN’s client management, calculation, portfolio and research functionality, presented in a simple advice journey
Produces and documents advice in real-time with the client
Uses one source of data, providing a single client record and user interface
Supports face-to-face, telephone and digital engagement
Helps advisers clearly explain the likelihood of meeting client goals.
Ever increasing regulatory pressures and in particular, a focus on client outcomes and suitability, are placing heavy demands on adviser time, as well as a need for rigorous compliance process and evidence. Those seeking to offer scalable advice are also placing a significant emphasis on efficiency through automation, in order to meet client and business requirements.
XPLAN Prime allows financial advisers to provide a simple, cost efficient, guided advice service. It allows adviser firms to deliver scalable, objectives-based advice that accounts for the way each client prefers to seek advice based on their needs and their budget.
XPLAN Prime allows an adviser to seamlessly switch to providing a more holistic approach when needed, while maintaining a single client file, with all necessary recommendations and evidence recorded for ongoing suitability purposes.
Commenting on the launch of XPLAN Prime, Mark Loosmore, General Executive Manager, Wealth, at IRESS said:
“Some advised clients simply require goal-based financial planning, regular communication and guided advice, while for others a full holistic advice proposition is more appropriate. Many will require a mix of both approaches at different stages of their life.
“Advisers and financial institutions are seeking greater flexibility in how they can meet the changing needs of their clients. Prime works with XPLAN as one advice platform, so there is no double entry of data. Advisers work with one set of documents, one set of compliance rules and one client file record ensuring consistent and accurate advice at all times. It enables fast, efficient and simple advice generation with an easy to use interface via face to face, telephone or digital engagement with a client. Through Prime, advice firms will be able to serve more clients, more profitably, more efficiently and deliver a more personalised service.”
XPLAN Mortgage to be rolled out to all 132 mortgage advisers in the network.
IRESS acquires international market data provider QuantHouse.
The 2019 Intermediary Mortgage Survey findings are revealed.
Phil Quin-Conroy is to take the post of MD of the UK business.
IRESS has seen income protection sales via The Exchange, its award-winning online comparison quote and transaction portal, rise by a record-breaking 50% in the first quarter of 2019.
Sova Capital, a global Prime Services provider, has selected IRESS’ Order Management System (OMS).
It engages clients in a range of services digitally and provides a superior customer experience.
After more than five years as UK managing director, Simon Badley will step down from his role.
The adviser network, Beneficial Life, is to roll out IRESS’ integrated mortgage and protection sourcing solution in a three-year deal to support the network in achieving its growth ambitions.
IRESS Limited announced statutory net profit for the 12 months to 31 December 2018 of $64.1 million, up 7% over the prior year.
Financial technology business IRESS today announces it has launched an adviser accessible ‘buy-now’ term assurance option via its award-winning quote and apply sourcing engine, The Exchange
XPLAN clients will be able to easily allow third party software providers to directly access and integrate with XPLAN.