This improves self-service and efficiency for members, and provides scale and reduced cost for funds.
The latest version of Acurity provides superannuation funds with increased automated online and app-based services to reduce manual and paper-based systems. This includes:
Acurity 17 also ensures funds continue to meet a significant range of legislative and compliance changes, directly addressing several hundreds of superannuation amendments in the 2017 Federal Budget. Delivered as part of the Acurity maintenance arrangement, the enhancements remove a large portion of risk for funds, helping them meet compliance requirements cost effectively.
IRESS’ General Manager of Superannuation, Jeff Hall, said the changes allow clients to significantly improve the member journey, data quality, and deliver a new benchmark for member experience.
“Acurity 17 delivers on our goal to continue to personalise the member experience across all service channels, including online, through call centres and using the Acurity mobile app. That experience is underpinned by the most advanced level of straight through processing functionality delivered to date.
”We are currently focused on further initiatives for the Acurity platform including further integration between Acurity and XPLAN. An integrated platform and member interface will provide superannuation funds with the ability to design and implement a range of digital advice options, best suited to support the changing retirement investment goals of members throughout their lifetime.”
Latest Acurity updates released:
Features include updated technology for improved online access and usability, as well as database improvements to performance and security. Additional updates continue to transform the super platform with the ability to integrate an online identity check, online benefit payments to bank accounts and support for automatic account consolidation.
Legislative enhancements are centred around the SuperStream processing environment, including contribution and rollovers, integration with ATO validations and support for recent Federal budget initiatives.
Cathryn van der Walt
Telephone: +61 (0)402 327 633
New benefits for advisers using XPLAN’s Financial Knowledge Centre have been added in the latest version of XPLAN, including the ability to initiate distribution of content directly from XPLAN and an audit trail for fee disclosure statements.
IRESS today announced that ASX-listed wealth management, financial advice and insurance group, ClearView, has selected XPLAN Prime as its objectives-based, scaled-advice solution.
IRESS will release a next generation online advice offering for XPLAN clients from early 2018 to enable financial advisers to further engage with clients during the advice process. .
IRESS has launched XPLAN iAssist to further strengthen support available to XPLAN users.
IRESS and the National Stock Exchange of Australia (NSX) today announced that clients of IRESS will be able to trade securities listed on the NSX through IRESS.
Specialist investment manager Acorn Capital has selected the IRESS Portfolio System (IPS) as it seeks greater efficiencies.
Financial technology provider IRESS has announced the appointment of Emily Chen in a new senior product executive role with responsibility for key strategic product initiatives.
Financial technology provider IRESS and ITG, a leading agency broker and financial technology firm, today announced a faster and more comprehensive analysis of trading costs for mutual clients.
Financial technology provider IRESS has announced that Stephen Mackley, Managing Director of Superannuation, will retire at the end of September 2017. Jeff Hall, currently General Manager of Consulting, Superannuation, has been appointed to the role.
Just two months out from the introduction of new superannuation laws, administrators and financial advisers should now be in the final stages of preparation.
IRESS’ advice and wealth management platform XPLAN has been named the number one Australian financial planning software by research house Investment Trends for the tenth consecutive year.
IRESS predicts a continued increase in its product and technology investment as it meets growing client demand in Australia and internationally.