Avenir and the lang cat, through its reg-tech Analyser software, have partnered to support advice firms with more efficient reporting.
Analyser is a platform and MPS comparison solution developed to provide advice firms with due diligence and client reporting, while Avenir provides AI-driven financial reporting. The partnership will combine Avenir’s platform with Analyser’s insights and analytics to automate data and streamline reporting.
The integration will allow advisers to generate precise suitability reports to meet the FCA’s Consumer Duty standards, helping firms to save time, whilst demonstrating their added value, mitigate risk and focus on delivering client-centric outcomes, the duo said.
Jeremy Bensoussan, CEO of Avenir, said: We’re excited to partner with the lang cat and Analyser to transform the way financial advisers work. By automating tasks like data extraction from documents, including the lang cat’s own reports, we cut reporting time from hours to minutes, enabling advisers to focus more on serving clients and ensuring Consumer Duty compliance.”
Terry Huddart, digital director of the lang cat, added: “For compliance-focused firms, partnering with Avenir was an obvious choice. Our due diligence solution provides advisers with an efficient way of choosing the right platforms and products for each client. It’s been built to deliver professional, robust and repeatable reporting, while Avenir streamlines the process, both saving valuable time and supporting Consumer Duty compliance.”
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