Investfit: Iress Open Standard Integration

[melanie.meadwell]

Overview

We are pleased to share the news that a new third party integration is being built for Xplan users. 

This is a standard integration which means that it was built by the third party to connect to your Xplan site via the standard integration template.  Iress do not charge for this service and it can be enabled by your own site administrator using the Iress Open setting within your Xplan site.

Integration details

Investfit is the world’s only advice tool that optimises your client’s financial outcomes from a wide range of portfolios whilst taking into account the impact of market variability on your client’s unique financial circumstances and goals 

Software type: Practice Management

Locale:  Australia

Expected delivery: No longer proceeding

Activation type (once live): System Settings 

Contact details for integrator: james@investfit.io

Website for integrator: http://iadvice.net.au/ 

Description provided by the integrator:

Investfit is a world-leading advice tool for optimising your client’s financial outcomes. Investfit saves you time and fosters client engagement as it is fast enough for you to work through various goals and risk levels in a single client-meeting. We have created a powerful engine that models the variability in markets so you can confidently and quickly assist your clients with making decisions that will most affect their financial future, whilst taking into account the impact of market volatility on their goals.

Now you can model goals such as pre-retirement expenditure and savings, retirement income, inheritance and more. Provide a rigorous assessment of life-insurance needs and use the review module to help clients keep on track with their financial plans.

Investfit assists you in fulfilling Best Interests Duty by modelling your client’s future across a wide range of portfolios. At the same time it shows which portfolio will produce the best outcomes based on your client’s financial circumstances, goals, selected risk level and tolerance for short-term variability. Investfit is highly configurable so that the portfolios modelled and key assumptions underlying the modelling are easily configured to your requirements.

In addition to a powerful engine, Investfit includes an engaging frontend which is used by advisers while clients are present. In the course of one meeting, the adviser is able to show their clients what goals are achievable at different risk levels and what changes they could make in order to achieve a different set of goals. Investfit also shows the client how short-term variability in returns may have limited impact on their financial future and helps the client make better decisions without increasing real risk.

Investfit's integration with X-Plan brings together two market leading products, improving your workflow, saving you time and helping you provide better results with more confidence.

Setup Instructions

This integration has been built by the third party integrator and they have not yet provided us with details on how to use the integration. Please contact the integrator for more information.

For further assistance

Please contact your Iress representative (Account Manager/Executive) if you need further assistance.