Summary
What this article covers in 30 seconds
- Recordsure is collaborating with Iress, a financial services technology provider active across several regions.
- The collaboration offers Xplan users an AI solution for monitoring, reviewing and evidencing client advice.
- Document Intelligence supports suitability and assurance reviews with speech and document analytics tools.
Recordsure announced a new collaboration with Iress, a technology company providing software to the financial services industry in the UK, Europe, Asia-Pacific, North America and Africa. The collaboration between Recordsure and Iress offers resource-efficient AI tools for wealth management firms to monitor, review and evidence client advice.
AI tools for Xplan users
Iress software, including its Xplan advice platform, is used by more than 10,000 businesses and half a million people worldwide. The collaboration with Recordsure offers Xplan users an AI solution to perform better and deliver more.
Recordsure’s Document Intelligence suite, a tailor-made solution for the financial services industry, is an addition for Iress and Xplan users. Document Intelligence provides management tools intended to simplify business processes, enhance compliance and improve delivery effectiveness, along with resource efficiencies.
Document Intelligence for review processes
Document Intelligence features a suite of speech and document analytics tools that provide AI-driven RegTech solutions for suitability and assurance reviews. This technology helps financial services businesses transform their review processes.
Recordsure’s tools help financial professionals complete reviews twice as fast, reduce reliance on random sampling by highlighting high-risk cases, and give access to data-powered management information to identify thematic trends.
Frequently asked questions
Recordsure announced a collaboration with Iress, a technology company serving the financial services industry.
Xplan is the Iress advice platform.
Document Intelligence supports suitability and assurance reviews using speech and document analytics tools.