Provider documents comply through Connect 360 swap

clock

The Exchange is adopting technology supplied by compliance firm Connect 360 to give intermediaries tighter control of documents which must be managed for regulatory purposes.

Under the partnership, Connect 360’s Coview software will do much of the update work concerning documents which IFAs might struggle to, as the system automatically replaces documents saved in the Exweb library with any new ones published by a provider or insurer to ensure intermediaries have the most up-to-date documents when making future recommendations to clients. Until recently, providers struggled to ensure advisers had the correct documents when making recommendations, suggests The Exchange, as it required they recall previous versions and issue new ones. Under this new system, ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Advisers can boost client communication by embracing AI

Advisers can boost client communication by embracing AI

Effective utilisation of AI offers great potential client benefits

James Tucker
clock 01 May 2024 • 4 min read
Optimal efficiency: Is 2024 the year of the advanced data strategy?

Optimal efficiency: Is 2024 the year of the advanced data strategy?

'Data without context, however, is simply a buzzword'

Russell Andrews
clock 30 April 2024 • 5 min read
'Get started now': Putting AI to work in financial advice firms

'Get started now': Putting AI to work in financial advice firms

'Dive in so you can learn and grow together'

Stu Breyer
clock 24 April 2024 • 4 min read