Introduction
Avenir, a leader in AI-driven financial reporting in the UK, has partnered with the lang cat to integrate its reg-tech Analyser software. This strategic collaboration is designed to assist financial advice firms in streamlining their reporting processes and meeting regulatory demands more efficiently. By combining Avenir’s advanced platform with Analyser’s insights and analytics, the partnership aims to deliver an automated, precise, and client-focused reporting solution for the financial advice sector.
Industry Comments
Andrea MacDonald, CCO of Avenir, added, “This partnership is a significant step in advancing our mission to streamline workflows for advisers. By expanding our presence in the ecosystem, we’re reducing operational burdens, improving accuracy, and ultimately helping advisers deliver better outcomes for their clients. We’re excited about the impact this will have on the industry.”
“We’re excited to partner with the lang cat and Analyser to transform the way financial advisers work,” said Jeremy Bensoussan, CEO of Avenir. “By automating tasks like data extraction from documents, including the lang cat’s own reports, we cut reporting time from hours to minutes, enabling advisors to focus more on serving clients and ensuring Consumer Duty compliance.”
For compliance-focused firms, partnering with Avenir was an obvious choice,” said Terry Huddart, Digital Director at the lang cat. “Our due diligence solution provides advisers with an efficient way of choosing the right platforms and products for each client. It’s been built to deliver professional, robust and repeatable reporting, while Avenir streamlines the process, both saving valuable time and supporting Consumer Duty compliance.
FAQs
What is Analyser, and how does it help advice firms?
Analyser is a platform and MPS comparison tool designed to provide independent, robust, and repeatable due diligence and client reporting. It ensures advice firms make sound decisions for their clients while complying with regulatory standards, such as the FCA’s Consumer Duty guidelines.
How does the partnership between Avenir and Analyser improve efficiency?
The integration combines Avenir’s AI-driven reporting capabilities with Analyser’s analytics, automating data processes and enhancing the accuracy of suitability reports. This reduces manual work, streamlines workflows, and ensures compliance, giving advice firms more time to focus on delivering value to clients.
What benefits have early adopters experienced?
Firms using the integrated solution have reported smoother workflows, improved accuracy, and greater confidence in meeting compliance obligations. This has resulted in saved time, reduced risk, and a stronger focus on client-centric outcomes.
Conclusion
The partnership between Avenir and the Lang Cat signifies a new benchmark in financial reporting for advice firms. By offering a seamless, AI-powered solution, the integration addresses key challenges in meeting regulatory standards while enhancing efficiency and accuracy. As financial advisers strive to deliver value to their clients, this collaboration empowers them to focus on client-centric outcomes while mitigating risks and meeting compliance demands. The early success of this initiative highlights its potential to transform the reporting landscape and support the financial advice sector’s growth.
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