Recordsure

[jim.farrell]

Integration overview

We are pleased to share the news that a new third party integration is now available 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 does 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 summary

Recordsure’s Review AI is a suite of speech and document analytics tools that provide AI-driven RegTech solutions for suitability and assurance reviews. Our integration with Xplan offers smarter and faster resource-efficient AI tools for firms to monitor, review and evidence client advice.

Software type: AI-driven documents and conversations review and analytics

Locale(s): United Kingdom

Contact details for integrator:

Phone: +44 (0) 20 3772 7272

Email: info@recordsure.com  

Website for integrator: https://recordsure.com

Description provided by the integrator:

Recordsure’s ReviewAI suite – a tailor-made solution for the financial services industry –  provides comprehensive, flexible and time-saving management tools which simplify business processes, enhance compliance and improve delivery effectiveness, along with new resource efficiencies.

ReviewAI features a suite of speech and document analytics tools that provide AI-driven RegTech solutions for suitability and assurance reviews – a revolutionary technology that helps financial service businesses transform their review processes.

We bring together smart people and smart technology to advance the efficiency of your review process, here is what ReviewAI does:

• Collates data for assessment
• Uses AI to score cases for prioritisation based on risk-level
• Allocates reviews to available resources
• Supports teams as they complete the review
• Evidences outcomes
• Provides detailed MI on each and every review

Integration benefits:

• Complete reviews 2x faster
• Remove reliance on random sampling by highlighting high risk cases
• Get consistent outcomes every time
• Identify thematic trends

IMPORTANT NOTE - This integration is in pilot as not currently available for people on multi-tenanted sites. If you are unsure if this applies to you, speak to your local site administrator.

Setup instructions

Integrations are a connecting doorway between two systems and you will need to enable these from both the Iress Xplan and the Third Party integrator side before they can be used.

In Xplan: 

This integration follows the Standard Integration pattern:

• If you manage your own site: You can enable the integration yourself using this guide. Note that this must be undertaken by your site administrator.   
• If you are part of a network or dealer group: Please refer to your organisation’s support team who will undertake this on your behalf.
• If you outsource your site administration to Iress:  This integration may already have been enabled. Please contact your Iress Account Manager who will be able to confirm or raise the necessary request to progress this on your behalf. Terms and conditions are included in your managed service agreement. For details, see our website under Integrations available via Iress Open (Xplan and Private Wealth).

In your third party integrator software: 

The third party has not yet provided setup details for this integration. Please contact them using the contact details above for more information or to see ReviewAI in action - book a demo here.