Targeting the independent financial advice market, which includes financial advisers and dealer groups as well as mortgage brokers, accountants and all AFSL (Australian Financial Services Licence) holders, Decimal has launched platform solutions that will transform the way personal financial advice is delivered.
The new software is expected to significantly reduce compliance risk.
Advisers will be able to switch on a sophisticated technology solution that fully integrates online marketing and client engagement, CRM, workflow, the instant generation of advice documents (SOAs) – while tracking and recording every client and adviser interaction to bake in compliance standards.
Decimal is the industry’s first true SaaS solution and is therefore offered for a monthly subscription fee, free of any capital expenditure, the group said.
“Consistent with our strategy communicated to investors earlier in 2014, we are now accelerating our delivery of products to the market that will provide advisers a new way to grow their business whilst solving the existing complexity associated with compliance management,” Decimal executive chairman, Michael Sertorio, said.
“We expect the uptake of these solutions to add further momentum to our growing customer base signing up for new capability,” he said.
Decimal’s first campaign, launched today, targets mortgage brokers and advisers who want to offer personal financial advice around life insurance to clients who have mortgages and superannuation.