The app, available for all tablets, gives advisers real-time access to client data and portfolios, and allows them to present solutions to clients in visually interesting and meaningful ways.
Advisers can also complete the risk-profiling questionnaire, produce results and discuss outcomes with clients.
Andrew Walsh, managing director of Iress, said that the XPLANtouch was an important step in meeting adviser demands. “Support for tablets is a key strategic initiative of Iress,” he said.
“Our clients want the convenience of mobile devices and we are keen to facilitate this.
“All activity on the tablet is consistent with the advice processes defined and managed in XPLAN, making data access and use consistent and auditable.”
Currently, Iress provides Sesame Bankhall Group with its XPLAN advice platform.
Adviser comment
Lisanne Mealing, adviser for Surrey-based MDM Associates said: “As the average age of advisers reduces and technology shrinks in size and increases in ability, intuitive apps will become the norm for gathering information and feeding back hard data to clients. Although the output may be visual and meaningful, it will be up to the adviser to analyse the softer facts. The app would need to be intuitive enough to allow for alteration of output in this way. As a female adviser, it is only now, with the iPad Mini, that I am happy to sit next to a client and use apps such as Taxman, Stocks, Planner and Pages. The ability to email output to the office provides significant efficiency, but you need to be fast at inputting data.”
