Unsure Saozzi. PC informed me he wasn’t fully aware of the reasons why CBA didn’t sign up, but said that Intiger didn’t go trying to persuade CBA. He informed me that in his experience, it’s not worth pushing the envelope further if the initial reply is No. PC referenced Occam’s razor as a principle he uses when doing business. In a previous email to me, he remarked on the reluctance of the market to embrace change. Apparently the interest is there, but a high degree of hesitancy has meant very few signing up. He also referred to time being of the essence because there are more competitors for Intiger’s type of offering. He informed me that compartmentalisation of the software is an option. Wrt, banks or smaller FP practices; I don’t have a clear understanding of Intiger’s modus operandi now. Does anyone know this? My understanding is that talks with CBA ceased a few months ago, at least.
WB
IAM Price at posting:
0.1¢ Sentiment: Buy Disclosure: Held
