FTRC is expanding its proposition with a new information hub dedicated to adviser software.
The new site, advisersoftware.com, will roll out 18 specialist practice areas over the coming months.
The service brings analysis of the software available to advisers and functionality comparisons between systems.
Six specialist practice areas are available from today – wealth practice management systems, mortgage practice management systems, client portals, personal financial management, risk profiling and financial Planning, cash flow modelling & retirement planners.
A further 12 dedicated specialist practice areas will be rolled out on the site over the next few months, ranging from portfolio analysis and rebalancing to mortgage sourcing systems and secure communications.
FTRC director Ian McKenna says: “There’s never been more adviser technology around than there is today. It is such a huge subject and many advisers simply do not have the time to research all the adviser technologies available to them. Our mission is to help advisers here, by giving them a single destination to understand more about all the players out there, not just the well-known ones.”
“Perhaps the most well-known saying on advice technology came from former Morningstar chief product officer Tricia Rothschild, who famously said “technology won’t replace advisers, but the advisers who use technology will replace the advisers who don’t”. This couldn’t be a more accurate observation; advisers need technology for every point of their business process, which is why it is essential that they choose the right tools correctly, to get the most benefit out of their tech spend.”
LEBC Group group operations director Jon Dear says: “This new advisersoftware.com service is a goldmine of information for any advice firm looking to find the technology that best suits the need of their business and their clients. In so doing, they can operate more efficiently, reduce costs and enhance customer service. The industry has needed something like this for a long time and it is great to see it arrive.”
