Prudential Financial Planning adopts XPLAN to power Sales and Advice

27 February 2014

IRESS, the leading supplier of financial markets, wealth and mortgage management systems, today announces that its wealth management and advice platform XPLAN has been selected by Prudential UK to power and guide its Prudential Financial Planning (PFP) client sales and advice model.

Rolling out to more than 300 advisers and back office users from March 2014, XPLAN will support and operate the PFP sales and administration process, providing a comprehensive advice platform to improve operating efficiency and service levels to its clients.

XPLAN’s flexibility was a key driver in the business decision to partner with IRESS. The technology is highly versatile, allowing PFP to control and configure XPLAN according to its future business needs and growth.

Strategic integration of The Exchange with XPLAN will support the delivery of cost-effective and efficient mass market advice.

Mark Loosmore, Executive Intermediary Sales & Marketing, IRESS, said: “It’s a real feather in our cap to be working with Prudential UK. XPLAN will provide agile, scalable and configurable software to meet the demands of their business growth. A key consideration was that XPLAN allows PFP to be confident in the robustness of advice workflow, data management and effective processes to support the ongoing delivery of consistent service standards, crucial in the evolving adviser market place.”

Chris Haines, Director, PFP said: “This technology partnership and the implementation of XPLAN represents a key milestone in further improving our operational effectiveness. From the outset, IRESS has demonstrated a thorough understanding of our requirements. The resulting proposition will help enhance our operational efficiency and increase our flexibility as we look to achieve our plans for business growth in the coming years.”

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