An Auckland-based tech company is making a play for the Australian financial planning market with a just-launched video conferencing and document-sharing app.
Supported by a “significant R&D grant” from the NZ government Callaghan Innovation fund, SuiteBox integrates financial planning software with video technology to create a virtual meeting room.
SuiteBox allows advisers “to share documents on-screen and immediately gain electronic signatures”, a statement released last week says.
Ian Black, SuiteBox head of sales, said while the technology is applicable in any industry, the Australian financial planning industry is a particularly attractive starting point.
“Converging demographic, economic and regulatory forces continue to place increasing pressure on financial advisers to be more efficient, productive and compliant, and to stay in regular contact with clients,” Black said in the statement.
He said the virtual meeting place technology would make it easier for advisers to keep in contact with retiring babyboomers as well as chime with the online lives of “Gen Y and Millennials”.
A range of organisations, including Sotheby’s real estate and Auckland University, trialled SuiteBox prior to release.