via ITNews.

Nine Australian technology companies spent this week showcasing their financial services expertise in the US as part of an Australian Trade Commission (Austrade) initiative.

PRESS RELEASE
For immediate release
16^th April 2008

Intelledox, the leading innovator in intelligent automated document creation software, has joined forces with ATEB and Defaqto in the UK to provide a tailored solution to help financial advisers produce consistently error-free Suitability Letters, the UK equivalent to the Statement of Advice in Australia.

According to Defaqto,  a leading provider of  services to the UK finance industry, the suitability report templates it can now issue with Intelledox have proved ‘extremely robust’ in compliance terms.

Huw Reynolds, director of ATEB Consulting, a specialist in financial services compliance, says: ‘The industry has been crying out for this type of software for years. Existing report generators are all well and good, but there is too much reliance on user input and hence error rates are high. Intelledox virtually eliminates errors by forcing the user through a simple ‘wizard’ type interface. Letters are produced more quickly and the work can be delegated. The result is a quality end product every time. As suitability letters are an essential risk management tool, this software provides a significant advance.’

By Will Henley via MoneyMarketing.co.uk

Defaqto has improved suitability letters within its Aequos Engage software by incorporating a new type of document software.
 
The ATEB Suitability software is a special version of document creation software Intelledox.

Defaqto says the suitability report templates it can now issue have proved “extremely robust” in compliance terms. It says when used in conjunction with Intelledox they virtually eliminate the possibility of error.

ATEB director Huw Reynolds says: “The industry has been crying out for this type of software for years. Existing report generators are all well and good, but there is too much reliance on user input and hence error rates are high. Intelledox virtually eliminates errors by forcing the user through a simple ‘wizard’ type interface. Letters are produced more quickly and the work can be delegated. The result is a quality end product every time. As suitability reports are an essential risk management tool, this software provides a significant advance.”

Alan Kerr Financial Services principal Alan F Kerr says: “When Defaqto asked me to take part in the pilot scheme using ATEB Suitability within Aequos Engage I was sceptical about the claims being made for the Report Writer. However, having used the system, I am thoroughly impressed by how professional the output is and how easy it is to use.”

Granite Financial Management director Ian Osborne says: “It’s good to see Defaqto listening to feedback from its customers and using this in its product development. The new functionality enhances the product and shows its commitment to supporting advisers through the research and sales process.”

27 March 2008

Original Story: http://www.moneymarketing.co.uk/cgi-bin/item.cgi?id=161944&a   

By Scott Sinclair via IFAOnline.co.uk

Defaqto says improvements to its suitability letter software will “virtually eliminate” user errors.

The data collection and research firm says it has incorporated compliance specialist ATEB Suitability into its existing Aequos Engage software.

It says ATEB’s suitability letter templates, part of its Intelledox package, are “robust” and “virtually eliminate the possibility of error”.

PRESS RELEASE
For immediate release
10 August 2007

Intelledox Pty Ltd, creator of the break-through document creation software by the same name, is currently on the verge of simultaneously signing deals in the US and the UK. Meanwhile, a Singpore distributor, Marall Services Pty Ltd, has just come onboard.

The interest in the US has come from the highly-regulated insurance industry, where Intelledox will help ensure that compliance and corporate governance issues are seamlessly included in the process of creating complex insurance documents.

In the UK, Intelledox has made a major impression on the financial sector, with financial advisors keen to harness the power of Intelledox to ease the process of gathering client information and issuing Statements of Advice.