eValue launches robo-advice platform
Risk and financial planning software supplier, eValue, has launched a bespoke robo-advice platform which will offer providers support in areas including investment, protection, pre-, at- and post- retirement and mortgages.
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eValue hopes to ultimately include pension consolidation and DB to DC transfers.
eValue currently provides white labelled forecasting models to more than 90% of UK product providers and banks and over 50% of the adviser market.
Bruce Moss, Founder & Strategy Director of eValue, commented:
“From driverless cars to wearable tech telling us when to exercise, the role of technology in our daily lives is ever greater – and managing our finances is no different. With RDR and government reforms changing the savings and pensions landscape, understandably consumers are seeking advice. Advisers and providers need to make sure they can meet this demand and robo-advice is the financial services industry’s answer.
“The real challenge with robo-advice is producing a process that is both engaging for consumers while at the same time ticks off all the regulatory boxes. Meeting this challenge will not be easy but eValue has the advantage of over 20 years of experience in squaring this ever changing circle of requirements.”
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