IFA Dataflow Information

IFA Dataflow streamlines Income Reconciliation in Wealth Management Firms We take the repetitive manual processes out of income reconciliation allowing your staff to be more efficient, more accurate and more motivated. Our solutions are themed around the flow of data from Provider to Adviser and providing data that can be utilised in industry back office systems. We use leading edge technology to automate these processes, to reduce costs and improve productivity for the professional adviser. Commission Statement Data Capture Service The major suppliers of Client Management Systems (CMS) have invested heavily in e-business functionality. One of these areas is commission reconciliation. These commission modules match what commission is received by the adviser and reconcile those payments against expectation. This allows advisers to accurately determine revenue and determine adviser commissions. Service Overview IFA Dataflow uses scanning, OCR and data capture techniques to extract the required data and to format that data into importable files Data files can be returned to the adviser in 24 hours All UK Provider statements can be processed We process in excess of 5 million transactions per year for adviser businesses in the UK