I'd like to bring up the discussion on the IT side of FID. Over the years, they have mentioned the Revenue from this side could be substantially. Obviously this has not come into fruition yet, but it looks like enhancements have been done and may be a revenue generator. Would like to hear others' thoughts on this?
Below is an extract Feb21 Half Year report extract
Information Technology
Despite transitioning to remote working the Fiducian
information technology development team have been
busy working on improving the functionality of our Wrap
administration software FASTrack, Fiducian Online and our
financial planning software FORCe while also catering to
the changes in the regulatory reporting requirements of the
ATO. During the period, additional development staff have
been hired to deliver on further automation opportunities in
these in-house developed systems. System development
with respect to drill down capabilities for each Fiducian
Fund to its underlying holdings and leading edge
statement of advice workflows has been successfully
implemented but further enhancements continue to be
made to FORCe and Fiducian Online with a view of making
our software more appealing to external users who are
showing interest in our technology.
I'd like to bring up the discussion on the IT side of FID. Over...
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$7.55 |
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| Last updated 15.58pm 24/05/2024 ? | |||||
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