Home Fintech HUB24 platform provides new information feeds to allow full view of shopper wealth

HUB24 platform provides new information feeds to allow full view of shopper wealth

HUB24 platform provides new information feeds to allow full view of shopper wealth


As a part of HUB24’s dedication to persevering with to ship modern options that meet rising adviser and shopper wants, the corporate in the present day introduced it has added new information feeds and automation capabilities to its platform, enabling advisers to report on purchasers’ different investments together with money accounts and time period deposits, listed securities, managed funds, direct property, and different property.

Because the demand for higher reporting instruments to help shopper engagement continues to develop, information feeds from platforms are being more and more relied upon by advisers to extend efficiencies of their practices and ship shopper worth. With 51% of advisers manually getting ready reporting on their purchasers’ non-custody property, it’s changing into more and more necessary for advisers and their purchasers to combine information from exterior of the platform to ship a whole image of their purchasers’ wealth.

HUB24 Chief Product and Innovation Officer Craig Apps stated the brand new options have been designed in collaboration with advisers and provide many advantages together with saving advisers extra time by leveraging HUB24’s information & expertise functionality to create efficiencies, improve shopper engagement and ship worth.

“The brand new automated feeds are the newest addition to a collection of product enhancements made obtainable this yr. By leveraging this functionality, advisers utilizing the HUB24 platform can receive a holistic view of their purchasers’ asset allocation just by including in different investments corresponding to property values, different Australian or worldwide shares, personal fairness funds and even collectibles corresponding to artwork or wine.”

As soon as an adviser provides different investments to the HUB24 platform, they’re built-in throughout HUB24’s Portfolio Dashboard, InvestorHUB and HUB24 Current, a market-leading reporting functionality co-created with advisers that permits them to customize displays in real-time and improve shopper engagement.

Apps stated, “By way of ongoing discussions with advisers, we recognized a variety of different options that will make it simpler for advisers to have extra holistic conversations with their purchasers. In consequence, advisers now have the flexibility to customize the phrases used for asset lessons, for instance, ‘listed infrastructure’ versus ‘options,’ enabling them to make use of constant language that their purchasers perceive throughout a number of paperwork, which additionally helps compliance processes.”

By collaborating with advisers and licensees and embedding a tradition of innovation, HUB24 continues to ship market-leading options that empower advisers to ship scalable, cost-effective, and environment friendly worth propositions.

In the newest Funding Developments 2023 Adviser Know-how Wants Report Business Evaluation, HUB24 was rated primary for its shopper reporting and assessment instruments with advisers commenting the reporting functionality upgrades are ‘incredible’, the performance a ‘sport changer’ and the presentation characteristic ‘sensible’, considerably lowering the time required for critiques and permitting advisers to see a transparent image of their shopper’s efficiency and different metrics.

Kelly Wealth Senior Monetary Adviser and Companion Dave Haydon, who’s a daily consumer of HUB24 Current, stated the reporting performance results in richer shopper discussions and engagement.

“HUB24 Current is without doubt one of the finest platform enhancements I’ve seen just lately. With the addition of ‘different investments’ enhancement and the money information feeds, HUB24 is delivering one ‘mic drop’ platform hit after one other.”

Ethinvest Monetary Adviser and Common Supervisor Fiona Thomas has additionally discovered HUB24 Current precious her in her observe.

“HUB24 Current permits us to rapidly put together a visually interesting and easy PDF, or an interactive set of slides to take a shopper via their portfolio over no matter timeframe we select.

“We’ve additionally been in a position to incorporate additional parts which are necessary to our purchasers, such because the social and environmental affect of their portfolio, alongside the normal asset allocation and efficiency info you’ll count on. This can be a actual worth add for our enterprise.”



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