Regtech platform Model Office-MO has offered firms free access to its financial stress test tool to help them navigate their way through the Covid-19 crisis.
The tool, which assesses firm's accounts, cashflow and financial metrics, will be available for free for financial advisers, paraplanners and wealth managers. Users will be able to evaluate strengths, weaknesses and blind spots within their firm and manage their cashflows in a "clear and transparent way" to help them navigate their way through the coronavirus outbreak. Model Office founder Chris Davies (pictured) said: "Firms need as much management information as possible so they can effectively advise themselves on the best course of action to take when it comes to ensuring their ow...
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