Australia’s Decimal Software has unveiled a pair of robo-advice tools for the institutional sector.
One of the new offerings is Eqilize, which aims to offer rapid robo-advice service for superannuation funds and financial institutions that do not have the resources to build their own.
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The solution can be integrated and configured rapidly, within a fixed budget and timeframe, the company said in a statement.
Decimal has also unveiled Tentalon, which is a bespoke solution designed to help institutions customise their digital advice.
Decimal Software CEO Nic Pollock said: "We see two types of customers in the market today who appreciate the value of automated advice and want to deliver that direct to their customers – those that want to deploy and deliver value rapidly via a solution like Eqilize, and those typically larger organisations pursuing a bespoke solution.
"For them, we are launching Tentalon, which is a fully customisable technology stack that allows them to create purpose-built solutions based around the underlying benefits of the Decimal system."
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By GlobalDataDecimal Software founder and executive director Jan Kolbusz added: "Whether it is the Eqilize solution or the Tentalon technology stack, our new offerings have five key aspects that haven’t been seen to date and that we believe will make a significant impact on the world of robo-advice. Those differentiators are a ground-up, customer-first approach; end-to-end digital customer journey from engagement to execution of advice; in-built compliance; total agility; and far lower costs to serve."
