CEIOPS Performance Assessment Questionnaire
Software for financial planning that is programmed by respected software company is actually an integrated suite of tools that are made for financial experts. Whether it is simple planning ideas to more complex and accurate financial plans, the software is capable of covering any wealth management scenario.
What makes a Financial Planning Software the Perfect Choice?
However, for the software to be effective and meet the expectations from it, it should carry features such as financial assessment, goal planning like education, retirement, major purchase and emergency fund, insurance analysis, allocation of assets, cash flow management and net worth and capabilities for data import.
Software lets financial consultants to work with their clients on individual projects such as refinancing, mortgage or even entire personal loan.
The software provides clients with complete program that does include budget management, simplification of financial life and debt consolidation.
Essential Financial Features
Let me show you why having these features are crucial in financial planning software.
Debt management – the software should include debt management module in order to restructure the debt payments to improve the cash flow of clients.
Home mortgages – not all mortgages are the same. The software analyzes different options for mortgage, building mathematical models and provide sound advice on the best course of action.
Investment management – the software has to integrate several investment opportunities in its calculation. The advisor assess meticulously the specifics of clients and their overall goals.