Model Office releases Consumer Duty data analytics dashboards

Benchmarked against four Consumer Duty outcomes

Jenna Brown
clock • 1 min read

Regtech business Model Office has released Consumer Duty client data analytics dashboards that benchmark an advice firm’s client data quality and value against the four Duty outcomes.

Users of Intelliflo Office will have access to the dashboards using the Model Office-MO application. The firm explained that its algorithms identify and call specific client data fields and segment them against the four Consumer Duty outcomes and red-amber-green (RAG) rates each data field, so "firms can identify relevant data, the data quality and report on that data in real-time". Model Office founder Chris Davies (pictured) said: "With the all-encompassing Consumer Duty and the Financial Conduct Authority being a data-led regulator, advice firms now need the ability to scrutinise t...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Technology

Returning to work with AI claims guidance

Returning to work with AI claims guidance

Technology empowering change

Mike Saltzman
clock 04 October 2024 • 4 min read
Rise of AI-enabled fraud

Rise of AI-enabled fraud

Claims handler survey

Cameron Roberts
clock 20 September 2024 • 2 min read
The AI future of protection is here

The AI future of protection is here

The industry’s evolution

Kesh Thukaram
clock 18 September 2024 • 3 min read