Growth Expert | Business Excellence | People Transformation
Mike Coady was appointed Chief Executive Officer of swissglobal in 2018, a position to which he brings a strong financial background and experience across a variety of roles. Mike is a skilled business strategy and growth leader, coach and motivator. He is a people’s person known for his ability to inspire teams towards excellence. He mentors his people and departments to transform their passion into outstanding results and long-lasting relationships with their clients.

deVere rolls out revolutionary paraplanning programme

Mike CoadyIndustry News deVere rolls out revolutionary paraplanning programme
deVere Group

deVere rolls out revolutionary paraplanning programme

I’m delighted to announce that the deVere Group has recently rolled out its highly anticipated, pioneering paraplanning technology, ‘The Automated Reasons Why Letter Programme’.

 This revolutionary, high-performance software, which teams from our UK technical, IT, compliance, legal and customer service departments worked hard to develop over a six-month period, gives our advisers even greater scope to tailor-make bespoke investment and savings plans for their clients by producing customised advice documentation.

Comprehensive market research underscored that we would be unable to purchase an ‘off-the-shelf’ paraplanning programme that would be able to meet the evolving model of our business, whilst simultaneously meeting international regulatory and industry developments.  As such, we took the decision to invest our resources into designing our own technology – and what we have recently introduced is the impressive result of this.

High-spec features

The new programme’s high-spec features include: functions to analyse clients’ current financial arrangements, automatically calculate projections, tailor-make product and provider recommendations to meet the client’s requirements, analyse risk and asset allocation in line with the firm’s risk policy, and an inter-company branding facility.

There’s also a passive compliance functionality that flags up any issues which should be considered, including a client’s age and their risk attitude.  In addition, there’s a filter that will allow the user only access to the products that are suitable for use in the relevant jurisdictions, and once the report has been finalised, it’ automatically and securely archived.

We’re also currently adding the QROPS RWL, and within the next few months we will have an automated portfolio and funds selection too.

I’m confident that the launch of this new paraplanning technology will help set new standards of excellence within our industry and actively demonstrate how deVere consistently responds to the evolving needs of clients, advisers, regulators and the sector.

Mike CoadyMike Coady
Mike Coady
No Comments

Leave a Reply

Have a Question

Enter your name and number, and we will be in touch shortly to discuss your financial plan.

Contact Mike

%d bloggers like this: