Database Assessment & MI Pack

Gain deeper insights to your business

This service provides greater insight into the systems and data that resides in your business, which undoubtedly impacts all areas. The output for this service is two reports, one which gives a RAG (Red, Amber and Green) rated view as to how your technology has been configured, along with detailed analysis against each area. There is a separate report which plays back your data, but in a way that is meaningful. By combining both of these reports firms can understand where there may be gaps in how their technology is being used and where better MI can add value.

Our database assessment will provide a snapshot of your database at a point in time. Generally, the areas reviews are below and are rated according to the configuration that has been achieved and in some cases use and data.

Client Statistics and Key Information Data Capture
Active and Inactive Clients
Fee Charging Structure
Income Reconciliation
Adviser Permissions and Client Allocation
Lifecycles
Compliance and Risk Monitoring
Workflows Processes
Service (Advice) Cases
Task Management
Electronic Valuations
Standard Letter Templates
Client Communication
Client Portal

Our Data Specialist review the data and present it back in a way that allows confidence in the way that your data has been presented back to you. It is unlikely that you will have seen anything as good or comprehensive, but easy to understand.

MI Pack

Establishing active client demographic and numbers
Determine service levels and adviser allocation
Review the regular review offerings, outcomes and risks
Analysing valuation data & establishing the true AUM position
Analysing recurring income for active clients
Identifying anomalies in the data that may impact on the accuracy of the AUM and recurring income positions