News and Announcements
SuiteBox Technology to Enhance Dover Financial Advisers
- Published November 06, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
KEY TAKEAWAYS:
- The partnership between Dover Financial Advisers and SuiteBox is expected to bolster Dover’s growth and fast track transactions with its clients.
- The use of SuiteBox’s technology will allow the financial advisors of Dover to conduct secure online meetings with their clients through cutting-edge videos.
- Dover has over $2.7 billion of funds under management. Its 360 financial advisers all over Australia provides its clients not just financial products but financial strategies.
The partnership between Dover Financial Advisers and fintech firm, SuiteBox, is expected to provide Dover’s financial advisers better engagement with their clients in terms of document sharing and video conferences.
“We embrace technology and the efficiencies which can help our advisors better engage and service their clients,” said Dover adviser relations manager Peter Thompson. “SuiteBox’s innovative technology helps narrow this gap and we are excited to support advisers making decisions which provide these positive outcomes.”
Dover is the largest privately-owned AFSLs in Australia and was recognised by Money Management Magazine in 2014 as a top dealer group in its sector. The company has more than $2.7 billion funds under management and over 360 advisers
The partnership has proven very significant considering that Australian organizations now aim to boost their growth through technology. SuiteBox chief executive Ian Dunbar stressed the huge impact of technology in the financial services industry as it allows transactions to be fast-tracked and done in real time.
“Software has enabled virtual meetings, which eliminate the need for in-person meetings, which can be time-consuming and costly for people to attend,” Dunbar said.
SuiteBox makes use of technology to create a digital workplace that provides a secure virtual meeting room between financial advisers and clients. Aside from allowing online meetings involving up to three people, it also allows users to share screens and documents and even sign documents online.
“Something as simple as the digital signing of a document can bring forward a financial transaction by days or weeks. Software has enabled virtual meetings, which eliminate the need for in-person meetings, which can be time-consuming and costly for people to attend. Instead, with a digital meeting room, businesses can be more productive and move ahead with financial transactions at any point in time, anywhere in the world,” Dunbar said.
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