Amanda Gillespie
Lonsec Research (Lonsec) has announced it has successfully completed the transition of the iRate technology from the liquidator of the van Eyk group of companies.
iRate clients now have access to Lonsec’s comprehensive suite of insourced proprietary research including managed funds, ETFs, SMAs, property funds, infrastructure funds and structured products.
They also have access to performance, fees and features information across more than 10,000 funds via an integrated feed from global data provider Financial Express.
Lonsec says the transition ensures that iRate clients have continuity of service and access to quality financial product research and portfolio construction advice.
“Lonsec has long had a compelling investment research offering and we are excited to now couple this with market leading portfolio construction advice and client reporting tools,” said Amanda Gillespie, Joint CEO Lonsec Fiscal.
iRate has approximately 2800 users, spanning financial planners from some of the country’s largest licensees, as well as a material number of IFA’s.
iRate’s core strengths include the flexibility and usability of its portfolio construction functionality, as well as its suite of easily generated consumer focused reports.
“Efficient access to research and reports, along with simple but powerful tools, are the keys to adviser satisfaction. Quality research remains a given but how it is delivered and the degree to which it can assist client engagement are now just as important. iRate covers all of these bases,” Ms Gillespie said.
In 2015 Lonsec plans to release of iRate version 5 – a major update which is nearly complete. iRate 5 is a step up from the existing platform with enhanced usability and portfolio construction functionality for all users.