As part of a continuous development programme and the second release of four for 2014, XPLAN 2.12 includes extensive new tools designed to support today’s adviser.
XPLAN’s new Estate Planning XTOOL provides advisers with a tool to demonstrate the benefits of a comprehensive financial plan efficiently and cost-effectively. Designed to examine the tax liabilities for estates and utilising all available client data, this feature provides full tax analysis for client or partner, first or second death for any future financial year, and serves to engage the client with more in-depth advice services in the future.
XPLAN’s Engage enables advisers to bring cashflow modelling to life for their clients through interactive displays and the ability to demonstrate alternative scenarios digitally on tablet devices using XPLANtouch. In addition, previously modelled data can be re-used for further modelling, saving time and improving customer interaction.
IRESS has also introduced new analytics capability that provides on-demand historical analysis of a client’s portfolio. The ability to assess a client’s actual investment risk and return at a household, client portfolio and holding level supports the adviser in ensuring that portfolios are managed effectively.
Mark Loosmore, Executive General Manager (Wealth), IRESS, said: “Advisers are now over a year into charging and explaining fees to their clients and one very apparent outcome of RDR is the need for adviser firms to demonstrate value to clients in an ongoing manner. Consequently, more and more firms are seeking to extend the range of services they provide and tools such as those released in XPLAN enable advisers to engage clients with their financial future, while at the same time maintaining operating efficiency and service standards, crucial in the evolving adviser market place.”
IRESS is a leading supplier of innovative technology for financial markets, wealth management and the mortgage industry in the United Kingdom, Australia, Asia, New Zealand, Canada, and South Africa.
All product streams support a diverse range of roles and offer front, middle and back-office functionality for clients that range from financial service institutions through to independent operators.
IRESS is a progressive, service-based organisation that employs over 1340 staff globally, with local knowledge and industry experience.
IRESS strives for excellence in relationships with clients and industry bodies alike. IRESS is client-driven, responsive and promotes a culture that supports working with customers and the industry to face challenges and keep pace with industry developments.
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).
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.
Our solution allows CMC Markets to offer advanced trading capability to its institutional and professional clients.
The launch of a next-generation client portal, with a clear focus on engagement.
Click-through rates from The Exchange to provider applications, measured an overall increase of 22% on 2017.