If you’re looking for a way to automate your advisory business, look no further than the InvestGlass Swiss Cloud solution. InvestGlass is the only automated advisor platform that has been approved by regulators under MIFID II blending CRM, PMS and Marketing tools.

MIFID, or the Markets in Financial Instruments Directive, is a set of regulations that were introduced in 2007 in order to improve the transparency and efficiency of financial markets.

One of the key aspects of MIFID is the requirement for firms to provide ‘investment advice’ only if they have determined that the client has the ‘appropriate expertise, experience and knowledge to make their own investment decisions.

This ‘ appropriateness test’ can be a challenge for firms, particularly those offering advisory services, as it requires them to have a detailed understanding of their client’s circumstances.

There are a number of ways in which firms can go about meeting this requirement, but one of the most effective is to make use of automation.

Automation can help firms to quickly and accurately assess their client’s circumstances, and to provide them with the information they need to make informed investment decisions.

In addition, automation can also help firms to keep track of their client’s investments and to provide them with ongoing advice and support.

If you are considering implementing automation in your advisory business, then there are a few things you will need to take into account.

This video is presenting how InvestGlass can help you automate your MIFID screening for pro-active teams.