Model Office releases Consumer Duty data analytics dashboards

Benchmarked against four Consumer Duty outcomes

Jenna Brown
clock • 1 min read

Regtech business Model Office has released Consumer Duty client data analytics dashboards that benchmark an advice firm’s client data quality and value against the four Duty outcomes.

Users of Intelliflo Office will have access to the dashboards using the Model Office-MO application. The firm explained that its algorithms identify and call specific client data fields and segment them against the four Consumer Duty outcomes and red-amber-green (RAG) rates each data field, so "firms can identify relevant data, the data quality and report on that data in real-time". Model Office founder Chris Davies (pictured) said: "With the all-encompassing Consumer Duty and the Financial Conduct Authority being a data-led regulator, advice firms now need the ability to scrutinise t...

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

How advisory firms can tackle evolving financial crime challenge

How advisory firms can tackle evolving financial crime challenge

Digital defences must adapt to preserve adviser market integrity

Ian Stott and Babar Hayat
clock 11 April 2024 • 5 min read
Small advice firms urged to build a 'technology network'

Small advice firms urged to build a 'technology network'

‘IFAs should build a technology network within their professional one’

Isabel Baxter
clock 04 April 2024 • 2 min read
Lack of technology available when it comes to 'slow money'

Lack of technology available when it comes to 'slow money'

‘We need to bring fast money concepts into the slow money side’

Isabel Baxter
clock 02 April 2024 • 2 min read