Finovate demo storyboard

Experience the flow of the demo Finantix gave at Finovate

Good morning! Finantix helps financial institutions advise clients better and sell more. Today I will focus on our solutions for financial advice, both retail advice and wealth management.

There are more than one million financial advisers in the world.
The wealth management industry invests massively in technology. Yet when most advisers meet clients face-to-face, they rely on paper to support the conversation: reports, printouts, brochures, newspapers, notepads. This is an interesting paradox: big IT spend, lots of paper!
The situation can now change. A device like the iPad is as easy to use as paper. And it is elegant, interactive, efficient.
Finantix designed a suite of iPad apps that support all types of dialogues that an adviser can have with a client.
Let me show you some of them.

Imagine for a minute that I am a financial adviser.
Today I am meeting Anna, she is in her forties, married, with 2 children. She is a prospect I am meeting for the first time. I want to impress her with the services I can offer.

	Let me start the Finantix Wealth Apps. This is the home page. The buttons allow me to access a media library, a product catalogue, planning tools, a client management app. And many more tools.
	Media portal is a library that contains all materials I might want to access when I am with the client.
	I can navigate the hierarchical folders to the different sections where I can find Powerpoints, reports, videos and other documents. Before meeting Anna, I will prepare a subset of items that might be relevant to her. I can do this by creating a personal folder, which I will name after her and collecting there different items: a corporate presentation, a sample newsletter, a video about retirement planning. Once I have what I need, I will define the right sequence of item. This will be my storyboard during the meeting. I confirm that I will want this folder available for the next meeting. And here it is. When I am with Anna, I will walk her through documents and videos. If she expresses interest to review it at home, I can quickly send it to her via email. Fast and elegant.
	Now that I got her interested, we can proceed to the planning phase, in which we will establish her financial needs. We are going to accelerate the process by using profiles, just to provoke a conversation. She recognises herself in the 'Established family' group. This indicates which assumptions are used for this profile
	As a next step, I can highlight the needs and goals that people in her group typically have. In the discussion I will verify that such needs are relevant for her. Maybe she does not intend to start a business. But she is very passionate about purchasing a vacation home in a couple of years. Looking at the cash flow across those goals, things seem OK: the weather in the background is nice. We can check if she could purchase the property earlier. This moves the background to bad weather. But if she could accept a less luxurious house, things would look better. This is how we can discuss interactively different goals and scenarios.

The next meeting is to review the portfolio of Robert Grey, an existing client. We will meet for lunch in an elegant restaurant in the City. Having an iPad will allow me to have all information at my fingertips and not look clumsy with lots of paper flying around the restaurant table. An elegant iPad is going to be socially acceptable even in the most fancy restautrant.
Before the meeting I will use the Client management app to review Robert's situation.

	The first page of the app gives me an overview of my clients and a list of alerts highlighting any situation that requires immediate action.
	Today I just want to access Robert's file. In there I can review his full balance sheet, looking and assets and liabilities in great detail. I can then zoom down to his investment portfolio with the full list of holdings.
	I then look at analytics like the one shown here: they reveal the risk and exposure that his portfolio implies.
	I have many more of these analytical tools here, but for ease of discussing during the meeting, I will package both information on the economic outlook and portfolio details into a digital report that will allow for linear navigation. I will be able to follow a logical sequence of conversation just by flipping pages. As we debate the different points and decision, I will digitally highlight, bookmark and annotate the report. The interactive table of contents will allow me to immediately jump to any relevant section. At the end of the meeting I can use a bluetooth link to share the report - including all the notes I have taken - with Robert: he will be able to review it again on his iPhone during the cab ride back to his office.

You have seen how tablet apps can make client meetings more engaging.
We believe they are very cool and really help sell more and advise clients better.
Similar game-changing benefits apply not only to wealth management but to other areas as well: retail banking, business banking, insurance.
Come talk to us. We will show you more. We will tell you what we are doing in other segments and we will share with you some of the lessons our clients have learned using our iPad solutions in the field.
Thank you very much

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Finovate demo storyboard