Industry funds help launch robo-advice

7 April 2016
| By Jassmyn |
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Ignition Wealth has launched its robo-advice platform after working and learning from industry superannuation funds.

The technology solution ‘Teams' is designed to support accounting, advisory, and administration businesses as they adopt automated financial advice.

Ignition Wealth chief technology officer, Mike Giles, said "through working with our industry superfund clients over the past six years we have learnt the importance of making tools and calculators easy for our partners to embed into their existing sites."

The firm said the technology would integrate seamlessly with the institution's existing software platforms.

"We looked at how to mimic the more mundane areas of data capture, to allow the customer to do more of the data entry and administration, and free the advisers' time up for evaluating and giving advice," he said.

"Through working with our industry superfund clients over the past six years we have learnt the importance of making tools and calculators easy for our partners to embed into their existing sites."

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