SOA! - Agility Applicationsagilityapplications.com/img/pdfs/SOA.pdfMicrosoft Word - SOA.docx Created...
Transcript of SOA! - Agility Applicationsagilityapplications.com/img/pdfs/SOA.pdfMicrosoft Word - SOA.docx Created...
SOA generates a Risk Profile for an organisation based on the financial situation, investment objectives and personal details uploaded by the client. This Risk Profile allows the organisation to make the appropriate investment recommendations for the client. The organization is able to perform a DART search for the account and then click the button on the top client header to open the application. The organization is then able to create or edit the Fact Find (KYC details), make recommendations and record reason for advice and then finally print or email the SOA report. Agility’s SOA is launched from DART and has a strong client focussed context. Features and Benefits
Key features and benefits of SOA are:
1. The app captures all of the required categories of information which includes: > Client Profile: Level of advice, “know your client” details, needs and objectives, financial position and risk profile > Scope of Advice: What areas the client has requested advice in, the scope and coverage of advice given, excluded advice items and specialist advice details > Recommendations: Details on existing portfolio and industry group weightings, recommended strategies and investments, basis of advice, product replacement and asset allocation > Fees: The fees, charges and methods of calculation along with any referral arrangements associated with the recommended advice > Disclosures: Declaration of any conflicts of interest >Reporting: Formatted statement of advice, fact find reporting
2. SOA has various levels of integration with other CONNECT apps such as DART that further enhance the amount and quality of information stored against a client.
SOA