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Australian Technology Fires Up UK Financial Reports

PRESS RELEASE
For immediate release
16th April 2008

Intelledox, the leading innovator in intelligent automated document creation software, has joined forces with ATEB and Defaqto in the UK to provide a tailored solution to help financial advisers produce consistently error-free Suitability Letters, the UK equivalent to the Statement of Advice in Australia.

According to Defaqto,  a leading provider of  services to the UK finance industry, the suitability report templates it can now issue with Intelledox have proved ‘extremely robust’ in compliance terms.

Huw Reynolds, director of ATEB Consulting, a specialist in financial services compliance, says: ‘The industry has been crying out for this type of software for years. Existing report generators are all well and good, but there is too much reliance on user input and hence error rates are high. Intelledox virtually eliminates errors by forcing the user through a simple ‘wizard’ type interface. Letters are produced more quickly and the work can be delegated. The result is a quality end product every time. As suitability letters are an essential risk management tool, this software provides a significant advance.’

Financial Services principal Alan Kerr said he was initially sceptical but is now ‘thoroughly impressed by how professional the output is and how easy it is to use.’

Granite Financial Management Director Ian Osborne agrees, adding, ‘The new functionality enhances the product and shows its commitment to supporting advisers through the research and sales process.’

Andrew Sotiriou from Ethical Financial Management said, ‘It is remarkably intuitive and makes the report highly personalised to the client and is so much quicker than anything else I have come across.’

This success comes as no surprise to Intelledox founder, CEO Phillip Williamson: ‘We’ve always known this software has enormous potential. It has the power to completely revolutionise the way people create and work with documents, especially in compliance-based industries.’

Intelledox Director of Business Development, David Knox, formerly a Director of the Kaz Group, added, ‘It is inevitable that Intelledox will expand rapidly in domestic and overseas markets. The Intelledox software solution is a one-of-a-kind rare product that addresses “green” space in the document management lifecycle.  It responds to a genuine need for control from large corporations and government agencies in the creation of documents.’

The Intelledox solution has also recently been implemented in Scotiabank in Canada, and is experiencing extraordinary growth within Australia, with a lot of interest in Asia.


About Intelledox

The Intelledox solution was created out of a clear gap in the market for a powerful engine to create simple through to complex documents, without handling them inside a word processor.

From an in-depth understanding of office automation, the Intelledox team of leading software architects and designers created an enterprise level solution, moulded by a philosophy of simple design applications.  The focus was to provide a state-of-the-art web-based application built on widely accepted processes and procedures. 

Intelledox software is rapidly becoming the standard for enterprise-wide document process management.

Intelledox is a Microsoft Gold Partner.

www.intelledox.com

For further information contact:

Licho Wang
licho.wang@intelledox.com
02 6280 6244

Michelle Melbourne
michelle.melbourne@intelledox.com
02 6280 6244
0438 041 521


Written By: digitalchet
Date Posted: 4/17/2008
Number of Views: 747


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