Defaqto will add cashflow modelling to its ‘Defaqto Engage’ tool from next year in a bid to offer a “fully integrated” financial planning service.
The offering comes after the business conducted research which determined that almost half (46%) of advisers are currently using more than six different software solutions to service clients. Defaqto Engage - which is used by around one third of the market - will be expanded with the new cashflow modelling capabilities during 2023. "We are investing and innovating to make it even more mission-critical to advisers," chief executive (CEO) John Milliken said of Engage. "Cashflow modelling is the next yet update to launch." He added: "We work closely with advisers to understand how the...
To continue reading this article...
Join Professional Adviser
Signup and gain exclusive members-only insights
- 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.
