IRESS sets benchmark with new version of XPLAN

Cameron Wood, Business Owner of Wealth Management Solutions at IRESS South Africa.

IRESS has recently made available to customers the latest version of its flagship wealth management solution, XPLAN. The update is the most significant since the product was released in in 2008, given the extent of enhancements to user experience, functionality and security. Crucially, it also fully bridges the gap between IRESS’ legacy wealth solution, Spotlight, and XPLAN.

“Our success is inextricably linked to the health and constant growth of the industry we service and support” says Cameron Wood, Business Owner of Wealth Management Solutions at IRESS South Africa.

“We have, and continue to, invest substantially in the development of XPLAN, flowing from interaction with a broad spectrum of customers around the globe. This is now reflected in the latest version, catering for the evolving needs of South Africa’s financial planning community. We believe XPLAN again sets the standard for solutions in this space,” continues Wood.

Existing XPLAN users, including enterprise sites at six of the seven major institutions, are earmarked for seamless upgrades.

IRESS’ Spotlight customers will have the opportunity to take their businesses to the next level, with no conversion cost, by migrating to XPLAN during the first half of 2015.

Being an international financial planning and wealth management software solutions provider, IRESS ensures that South Africa is on par with international markets such as the United Kingdom, Australia, New Zealand, and Canada. “This puts local financial planners in an advantageous position,” adds Wood, “because the tools available to them pre-empt the regulatory changes South Africa is likely to experience in the near future.”

As our legislation is amended to reflect international trends, financial planners using XPLAN are already well positioned to adapt to these changes and manage their clients’ portfolios with confidence in the software on which they rely.

XPLAN works on desktop, laptop, tablet and mobile devices.

XPLAN Advisor Central is the affordable, flexible and intelligently bundled solution for financial advisors, incorporating a range of modules enabling the full planning process out of the box.

XPLAN Enterprise Advisor is a full planning system with custom branding and is absolutely flexible in line with operational processes and business idiosyncrasies.

“There’s nothing standard or generic about Enterprise Advisor. It incorporates an extensive range of intelligent and customisable modules that allow customers to grow into what we have on offer or just use the pieces that work for them,” says Wood.

He concludes, “We’re particularly excited about mobility. We understand that time is money and can now give planners and their clients the ability to operate on the go with Client Online Access and mobile apps - tapping into the full power and functionality that XPLAN offers.”