The new product will be available for demonstration on the company’s stand at today’s FT Expo event in London.
The new version of Adviser Office has been developed in close conjunction with intermediaries, using direct feedback and ideas to meet their needs in a changing marketplace. The focus of the product is on providing increased simplicity - whilst also ensuring that the system cuts down compliance and administration, allowing advisers to spend more time with clients.
Mik Cons, managing director of 1st, said: “Our primary objective with the latest version of Adviser Office 4 was to provide a comprehensive and yet easy to use system for advisers. We will be revealing much more about the product nearer the time of launch but it has already received a tremendous reception from firms who received a preview at our annual conference and we are very encouraged by their feedback.”
More detailed information about Adviser Office 4: Accelerating E-Business will be made available later this year when the product is officially launched. Some of the new features include:
- Streamlined commission accounting - to allow advisers to speed up month-end processing
- Enhanced fee and time recording – to provide greatly improved analysis
- Financial planning wizard and automated asset allocation - to enable efficient data capture
- Intelligent workflow - for effective activity management across adviser firms
- Defaqto product library - provides standardised data for providers and schemes
- Two-way Webline Integration – the first two-way portal integration, allowing information to be sent into the back office after quotes or new business activity
E-Commissions – allows automated income reconciliation.
