The software supports Rathbones’ financial planning business.
The London-based Rathbones Group is live on the Xplan advice software from financial technology provider Iress to support Rathbones’ financial planning business, officials say.
Financial services firm Rathbones provides individual wealth management, asset management and related services to private clients, charities, trustees and professional partners, officials say.
“Xplan will also be the financial planning platform of choice for Rathbones’ upcoming integration with Investec Wealth and Investment, further enhancing the firm’s digital capabilities and enabling improved operational efficiency and client service,” according to the announcement. Investec Wealth & Investment Ltd. merged with Rathbones Group last year.
Rathbones selected Iress to join its group of service and technology partners because of the modularity of Iress’ solution and its commitment to integrating and partnering with systems from other technology providers.
“The delivery of Xplan alongside our other digital solutions is a key step forward in enhancing the experience of colleagues and clients across the group. The flexibility shown by Iress to work with our other providers and deliver best-in-class financial planning solutions supports our overall ambition to enhance how we manage client relationships and deliver superior client service,” says Andy Brodie, chief operating officer (COO) for Rathbones in a prepared statement.
“This project highlights how we can slot seamlessly into a complex infrastructure alongside other best-of-breed providers and work collaboratively to ensure the client has the right technology to maximize efficiency and grow,” says Alex Hore, managing director, UK Wealth, Iress, in a prepared statement.
Iress offers software and services for trading and market data, financial advice, investment management, mortgages, superannuation, life and pensions, and data intelligence. The vendor serves more than 10,000 businesses and 500,000 users globally and has over 1,900 staff based in Asia-Pacific, North America, Africa, the U.K. and Europe, officials say.
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