Powered by momentummedia
Adviser Innovation logo
Advisor Inovation logo
Stay connected
Subscribe to the Adviser Innovation eNewsletter.
Fincast launches institutional-grade portfolio app for advisers

Fincast launches institutional-grade portfolio app for advisers

author image
By tlewis ·
December 14 2015

Fincast launches institutional-grade portfolio app for advisers

Fintech company Fincast has launched a new application aimed at providing financial advisers with access to institutional fund management and portfolio-building capabilities. 

Fincast launches institutional-grade portfolio app for advisers
nestegg logo

The application introduced by Fincast enables advisers to construct and manage portfolios using an institutional-grade portfolio management framework, a statement issued by the company said.

Fincast co-founder and managing director Andrew Connors said: "For the first time in Australia, Fincast's applications are giving financial advisers access to the same tools and capabilities as global fund managers.

"We believe it is game-changing for the industry, and is likely why we have been overwhelmed by the interest in our applications, both in Australia and from offshore," said Mr Connors.

The Software as a Service (SaaS) application is designed around investment forecasting algorithms based on research by Vanguard founder John Bogle, the statement said.

Advertisement
Advertisement

Fincast, which is a Stone & Chalk resident, said it will launch two additional applications in the first quarter of 2016.

The company said the apps are designed to increase engagement between advisers and their clients.

Fincast is also set to launch a "lower cost/lower touch" app for advisers looking to reach the 80 per cent of Australians who don't currently receive advice.

Forward this article to a friend. Follow us on Linkedin. Join us on Facebook.
Find us on Twitter for the latest updates

Subscribe to our Newsletter

We Translate Complicated Financial Jargon Into Easy-To-Understand Information For Australians

Your email address will be shared with nestegg and subject to our Privacy Policy