Advice software gets ‘global perspective’
Advice software gets ‘global perspective’
Australia’s wealth sector is seeing rapid globalisation amid emerging competition from overseas software providers, according to Investment Trends.
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Many of Australia’s leading advice software and back-office applications are now owned by companies operating across international borders in a sign that the advice and wealth management space is becoming increasingly globalised.
“The acquisition of AdviserLogic, Midwinter and Coin – the second, third and fourth most widely used planning applications, respectively – has brought a global perspective to the Australian market for planning application development,” said Investment Trends analyst Ian Webster.
Investment Trends analyst, Ian Webster, said that while local advice technology developers were focused on lifting practice efficiency and anticipating future changes in advice delivery models, there was emerging competition from applications likes the Salesforce-based Wealth Connect and Intelliflo’s Intelligent Office from the UK.
“It is a trend that is likely to grow,” he said. “Now more than ever, advice firms have access to an array of globally available, low-cost digital services to manage their client relationships and augment their advice production applications,” Webster said.
But in awarding its first-ever Advice Tech Benchmark Report awards, Investment Trends nonetheless assigned top spot to Iress Xplan.
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Home » News » Lai Mohammed blames Nigerians for Twitter’s decision to locate African hqtrs in Ghana
Lai Mohammed blames Nigerians for Twitter’s decision to locate African hqtrs in Ghana
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By Emmanuel Elebeke & Omeiza Ajayi
The Minister of Information and Culture, Alhaji Lai Mohammed, yesterday blamed Nigerians for the decision of Twitter’s to locate its new African headquarters in Ghana over Nigeria.
He also noted that the decision was not based on commercial considerations, in view of the large market available in Nigeria.
This is even as ruling All Progressives Congress, APC, countered the Peoples Democratic Party, PDP, for lambasting the President Muhammadu Buhari’s adminstration over the decision of Twitter to cite the headquarters of its African operations in Ghana.