IPC Financial Network Inc. is launching IPC Connect, a new web-based wealth management technology platform.
IPC, through its subsidiary, Investment Planning Counsel of Canada (IPCC), developed the platform in partnership with Ticoon Technology, Inc. a Toronto-based software development provider.
In a statement released Thursday, IPC said the new platform consolidates client data from IPCC’s mutual funds, securities, insurance and banking subsidiaries, along with industry account aggregation data.
The application was developed in consultation with IPCC and its advisors. It will be made available across IPCC’s advisor network.
The application consists of an advisor interface called IPC Advisor Connect and a client interface named IPC Investor Connect. Using the advisor interface, financial advisors are able to cost-effectively manage, communicate and collaborate with their clients about their accounts, life goals and cash flows in a secure online environment.
“IPC Connect provides a value-added service that our competition currently doesn’t offer – helping our advisors build stronger, more valuable and loyal client relationships,” said Chris Reynolds, president of IPCC. “This is the first application of this nature in the advice giving channel and a significant value advantage for both our advisors and their clients,” he added.
The client interface of the application enables IPCC clients to aggregate information from their banking, brokerage and credit card accounts into a single consolidated view from more than 1,100 financial institutions, all in a secure environment. Clients are also able to select the accounts they want their advisor to view, categorize the aggregated transactions within their personal budget, perform advanced goal planning, and test “what-if” scenarios based on their financial situation.
The client interface also allows for online collaboration, which enables advisors to provide advice and service.
IPC Financial launches Web-based wealth management tool
Platform gives access to advisors and clients
- By: IE Staff
- September 12, 2003 September 12, 2003
- 08:10