AdviserSoftware.com Launches AI Tools Assessment Framework for Financial Advisers
AdviserSoftware.com introduces an AI Tools Assessment Framework to help financial advisers globally evaluate AI-driven solutions. Covering key markets, the framework offers in-depth analysis of AI tools for compliance, document management, and client engagement.
AdviserSoftware.com, part of market-leading advice tech consultancy Financial Technology Research Centre (FTRC), is launching today an “Adviser AI Tools Assessment Framework” supporting financial advisers across the UK and around the world in in making informed decisions through in-depth data analysis. The framework explores key functionality from leading adviser AI propositions across the UK, US, Australia, New Zealand and Canada, with Dubai to be added soon.
AI-driven innovations are rapidly transforming the financial advice sector, bridging the gap between human expertise and intelligent automation to deliver more personalised, scalable, and data-driven client solutions. The framework analyses current propositions in depth. The insight about providers and systems is designed to help financial advisers select the best AI solutions for their individual needs. The analysis identifies the key operational areas. AI is increasingly being used to support and highlights which solutions offer support in each area.
Having reviewed the framework to understand the features each service offers users can then select individual studies of each of the propositions created by FTRC’s team of specialists who have extensive experience of working in advice firms.
Unlike traditional assessments that focus on single-country solutions, the global approach and international perspective ensures advisers can evaluate solutions not only based on functionality but also on adaptability to different market environments and client needs.
To date, 14 providers have been analysed, including Aveni, Otto, Conquest and Unitfi with further providers added and analysis updated periodically, over time. The framework allows advisers to research in-depth analysis of each individual system for each provider including the country they operate in with the ability to capture and create initial meeting notes, compliance checking, document management and identifying needs and goals.
Ian McKenna, founder of AdviserSoftware.com, part of FTRC, said: “AI is rapidly evolving shaping the advice market in the UK and globally. It is our aim to help to provide a clearer understanding of the AI solutions available and show how each functionality may integrate into advisers’ business and in turn, provide a better service for their clients. At our recent Empowering Advice Through Technology Conference 56% of delegates indicated they had already deployed one AI system to their firm with another 20.7% indicating they were in the process of deploying such systems. Once firms have successfully deployed one AI system it is inevitable they will look for more to achieve further benefits. We have built this framework to make the job of finding the right partners easier for them.
“As financial technology and AI adoption continue to grow, it is of utmost importance that advisers can take informed decisions for their own businesses and their clients.”
Advisers can access details to all AI Tools and Services through Ai Tools & Services - Adviser Software as part of their Advice Tech Hub website which provides advisers with unrivalled intelligence on providers operating in the investment, pensions, mortgage and protection ecosystems.
