AFSL Data

AFSL requirements post the Royal Commission are extensive. Info Sheet 232 addresses Ongoing Service delivery, whilst Report 515 details the obligations of AFSL and lists a range of Key Risk Indicators including:

1. Ensuring appropriate authorisation processes for deductions are in place;

2. Having processes to regularly check advice or other services are being provided;

3. Ensuring clients are appropriately compensated where fees are charged inappropriately;

Tracking the above information is now mandatory for AFSL’s. At Data Toolbox we have created solutions to meet this need; lightweight, quick to deploy, solutions that can be delivered at very low cost.

We excel in developing simple tools with complex processing capabilities to quickly deploy multiple system data integration. So no mater whether your Advisers use a custom CRM, XPLAN, or something else, we can quickly and seamlessly integrate the data sets without the need to build a data warehouse.

The solutions  we build are elegant, flexible having been developed from 20 years of experience in data and wealth management. 

In addition to the data services we also provide consultancy services to help train your adviser networks and develop new advice and OGS standards adoption programs to encourage greater compliance. 

We employ various reporting and data visualization techniques from Microsoft Power BI to Excel to present information in a usable format, from mapping to dashboards to interactive interfaces.  

Key Services

• Primary and secondary data collection
• Data cleaning
• Data tracking and reporting systems
• Data analysis and modeling
• Data visualization