Advertise Here
Icon

Directory

IconAccounting & Tax
IconActuaries
IconAdministrators
IconAppraisers & Valuers
IconArbitration Services
IconASIB
IconAssessors & Loss Adjusters
IconAssist and Lifestyle Benefits
IconAssociations & Institutes
IconAuditors
IconBBBEE Consulting and Verification Agencies
IconBroker Acquisition Financing
IconBrokers for Brokers
IconBusiness Process Management
IconBusiness Process Outsourcing
IconCall Centre Outsourcing & Sales
IconCompany Secretarial Services
IconCompliance
IconConsumer Protection
IconCorporate Governance
IconCredit Bureaus
IconDebit Order Collection Facilities
IconDefensive Driver Training
IconEducation and Training
IconEmergency Medical Rescue
IconFAIS
IconFire, Storm, Flood Damage Specialists
IconForensic Investigation Services
IconHuman Resources
IconIndustrial Cleaners
IconInformation Technology and Software Partners
IconInsurance Companies
IconLegal
IconLightning Damage & Surge Protection Specialists
IconNiche Insurance Products
IconOmbud
IconOutbound Sales
IconOutsourcing Companies
IconPolicy Administration
IconPremium Financing
IconPublic Loss Adjustors
IconPublications
IconRating Agencies
IconReference Books & Material
IconRegulatory Authorities
IconRisk Finance
IconRisk Management
IconRisk Surveyors
IconSalvage Operators
IconSpecialized Claims Investigations & Assessing
IconSurveys and Research
IconTraining Courses & Workshops
IconUnderwriting Managers
IconVehicle Accident Management
IconVehicle and Household Risk Inspection Services
IconVehicle Tracking
IconWellness Programs
IconWholesale Brokers
IconZZZZZZ
Image
  Subscribe To »

atWORK 6 integrates Finametrica into its Wealth Module

Published

2020

Thu

16

Jul

Cloud-based software solution atWORK has scored a coup by integrating Finametrica’s award-winning risk profiling toolkit into its newest financial planning software.

 

Advisers who weren’t already convinced of the value of risk profiling have surely had their minds changed by COVID-19. The pandemic has taught both advisors and investors the true meaning of risk. And it’s underscored how vitally important it is to not only be aware of risk profiles…But also to measure them properly and to use these findings as one of the cornerstones of a comprehensive investment strategy.

 

Which is why atWORK is thrilled to announce the integration of Finametrica’s industry-leading risk profiling toolkit into its newest Wealth module as of 1 August 2020.

 

What is atWORK?

 

atWORK is a cloud-based solution for the financial services industry. Their latest version, atWORK 6, combines client and practice management, data gathering and import, compliance management and financial planning tools in one super-secure package. atWORK has over 9000 users in South Africa.

Why risk profiling matters

 

Risk tolerance is a measure of how emotionally comfortable someone is with taking financial risk. Knowing a client’s risk profile can help an advisor to assess whether the client will be willing to allow their portfolio to diminish in the short term in return for the chance of bigger long-term returns.

 

Being a psychological trait, a client’s risk tolerance is best measured with a psychometric tool. Having a clear idea of how comfortable a client is with investment ups and downs allows an adviser to make sure a client doesn’t panic or, worse still, blame the adviser when a risk is realised.

 

Why Finametrica?

 

Developed by Organisational Psychologists at the University of New South Wales, Finametrica is not only more accurate than other risk profiling tools, it’s also much quicker. In only 15 minutes, an adviser can ascertain a client’s risk profile and compare it to over a million other profiles.

 

Finametrica was recently crowned both ‘Best Risk Profiling Solution’ at the WealthBriefing Swiss Awards 2020 and ‘Best Risk-Profiling Service for Advisers’ at the 2020 Professional Adviser Awards.

 

How it works

 

The integration will be welcomed by advisers who are already using Finametrica and by those who’ve never used risk profiling software.

 

  • atWORK has negotiated a discounted rate which means atWORK 6 users will pay less than they would if they signed up for Finametrica directly.
  • Advisers will be able to access all their planning tools from within atWORK 6, eliminating the need to fire up multiple programs.
  • The profiling results are included in the atWORK 6 reporting function, which will make advisers’ lives much easier.

 

In other words, the integration will save both time and money.

 

This is just the start

 

“atWORK 6’s embrace of ‘open systems’ allows seamless integration with third-party software from risk profilers, commission systems, anti-money laundering providers and much, much more,” explains Pierre Dippenaar who heads up software development for the firm. “We’ve got several new tools in the pipeline, including one that will make it a whole lot easier for clients to manage signing documents online.”

 
Source: Linda - Fin Communications
 
« Back to previous page Print this page » |
 

Breaking News »

Liberty Drives Hope - and places the needs of ordinary South Africans at the core

                                    It was a desperate cry ...
Read More »

  

Millions of South Africans avoid preventative health screenings due to a lack of financial access

A lack of access to primary healthcare due to financial constraints is leaving millions of South Africans vulnerable, resulting in more severe health conditions and illnesses that are only discovered once they ...
Read More »

  

BELT CONVEYORS IN UNDERGOUND MINES

    ASSESSMENT AND EFFECTIVE MANAGEMENT OF RISK BELT CONVEYORS IN UNDERGOUND MINES By Eugene Pretorius   A Risk Assessment on the belt conveyors in the underground metal ...
Read More »

  

Design “Away” Fires In Substations And Transformers

    By : Eugene Pretorius. N. Dip. (Fire Tech)   Many fires can be prevented and or reduced to insignificant losses by introducing minuscule changes at the incipient design ...
Read More »

 

More News »

Image

Healthcare »

Image

Investment »

Image

Life »

Image

Retirement »

Advertise Here
Image
Image
Image
Image
Image
Image
Advertise Here

From The Glossary »

Icon

Original Premium:

The amount of premium that would have been charged for a policy if all the coverages under it were in effect for the entire policy term.
More Definitions »

 

Advertise

 

eZine

 

Contact IG

 

Media Pack

 

RSS Feeds

By using this website you agree to the Terms of Use.
Copyright © Insurance Gateway (Pty) Ltd 2004 - 2020. All Rights Reserved.