FundClick
Online applications and straight-through processing for product providers and fund distributors.
Standards up, margins down
Today, wealth management product providers face the daunting task of differentiating their products in an ever increasingly competitive and commoditised world. With margins being squeezed from every side, technology offers the promise of lower costs and increased service levels. The challenge is how to choose solutions that can be implemented quickly, provide flexibility for the future and don't cost a fortune to install and maintain.
This increase in market expectations is being driven by advice groups and financial planners who are demanding easier ways to do business with their product providers. They increasingly see online application processing as a "must have" to drive efficiency in their business. Online fund application processing that goes straight-through to back-office systems is the best way for providers to simultaneously increase service levels and lower the cost of doing business.
FundClick can help you engage with more advisers, close more business and better influence product take-up.
46 Minutes: Time required to complete the average paper application.
8 Minutes: Time required to fill in the same form electronically.— RMIT Adviser Efficiency Study, December 2004
