Smart Fact Find: streamline data gathering
Advisors spend valuable time on repetitive data queries because members lack a comprehensive view of their own financial world. This increases your cost-to-serve and limits your ability to scale.
Solve this with a real-time dashboard that empowers users with all of their information in one place. By reducing basic data queries from customers, you’ll free up advisors, lower operational costs, and broaden the market to include more middle earners through efficiency.
Meet due diligence requirements with confidence, and evidence your product recommendations for robust audit preparation.
Turn 45-minute calls into 2-minute Fact Finds
Send a Smart Fact Find link in advance and substitute document skimming, highlighting, and erroneous calculations with single-step consent. Access client data instantly and create rules to pre-populate your Fact Find fields.
Turn 45 minutes into less than two; Smart Fact Find takes an average of 1 minute and 42 seconds. When the dull admin call turns into an exciting, goal-setting session, members are suddenly more willing to squeeze you in.
Raise data accuracy, reduce decision risk
Reduce the risk around investment recommendations when you leave no room for guesswork.
Replace outdated estimations with full-picture finances derived from real-time assets, liabilities, and income. Unlike historic information, real-time insights allow advisors to make more accurate, timely, and up-to-date recommendations that reflect a customer’s current financial position. With the true, raw data in your hands, go beyond assumptions to get a real grasp on spending habits.
Evidence product suitability with ease when you tie your recommendations to the data.
Create a due diligence paper trail
Why stop at faster fact-finding and more confident product recommendations? Use the data to prove you meet due diligence requirements.
You’re working with personal financial information, not hearsay. Create verified data trails that clearly demonstrate suitability and are easily navigated by auditors. Stop sweating the audits and start your ‘always-on’ compliance preparation.
“We are committed to building financial confidence in our customers, empowering them to manage their money today, tomorrow, and in the future. This partnership with Moneyhub, along with our broader integrations, is crucial to reaching these objectives.”
Natalie Oliver Head of Strategy at WPS Advisory