Agile enters into dual partnership

MUMBAI: Agile Financial Technologies (Agile FT), a provider of software and services to the insurance, banking and financial services sector, is entering into the emerging field of Financial Planning by partnering with Figlo, the Dutch market leader in financial planning software and SRE Financial Planners, a well-known Financial Planning company that also runs a Financial Planning Academy.

The three companies have just concluded their strategy roadmap in Mumbai, India and announced their partnership today to the media, said a press release.

Agile Financial Technologies already provides core Insurance, Wealth Management and Asset Management software along with KPO services in terms of Equity and Forex Research, IPO processing, Fund Accounting among others.

With this new partnership, Agile FT adds two additional offering to its already comprehensive portfolio – that of niche financial planning software along with financial planning consultancy.

The Financial Planning platform, called, Hawanedo (Have-Want-Need-Do in action), helps Banks, AMCs, Insurance companies to graphically analyze the financial requirements of their clients and then suggest the right products to them.

The solution is available in both traditional platforms as well as on Microsoft Surface (an intuitive, touch screen table that enables Financial Advisors to interactively work with their clients). Leading financial institutions looking at gaining a competitive edge are keen to grab the surface table application to leverage the first-mover advantage.

Agile FT, Figlo and SRE FP have formed an exclusive consortium to take this solution to market in India. Soon after, Agile FT and Figlo will also take it to the Middle East, Africa and rest of South Asia, the release said.

“We are very excited to partner with Figlo to offer a futuristic platform to the market that will create a paradigm shift in how financial planners can service their clients,” said Kalpesh Desai, CEO, Agile FT.

“Hawanedo promises to change the way we look at our personal finances and financial planning, providing an intuitive and easy to use interface on the web, and even on surface tables where financial planners could sit across the table with their clients and enable the advisory process intuitively and interactively.”

He added that they are also pleased to partner with Sykes and Ray Equities (SRE) who would enable the knowledge platform and would be their knowledge partners to enable financial planners use the software domestically.

Jenze Bosma, Figlo’s CEO, commented this combination would make real changes in India of how clients understand their financial situation and future.