Intiger’s software, administration services, and paraplanning.

Is there is someone out there who has industry knowledge and computing science knowledge who can put in lay mans language how iam software, admin and paraplanning  interacts with FP and licencees.
And how IAM offering might be expanded, for example ASIC is putting forward in the Consultation Paper a proposal that lenders and advisors in effect have to provide advice to borrowers at almost Statement of Advice standard!
To wit!
" We propose to clarify that licensees should generallya) make inquiries with consumers that enable the licensees to understand the consumer’s specific requirements and objectives in relation to the provision of credit, and identify specific features, benefits and costs associated with the credit contract or consumer lease that will affect whether both the requirements and objectives will be met;(b) consider whether the identified features, benefits and costs of the credit contract or consumer lease will meet both the consumer’s requirements and objectives;(c ) be in a position to demonstrate how the identified features, benefits and costs of the credit contract or consumer lease meet both the consumer’s requirements and objectives (particularly features with specific costs or risks);(d) if some of the identified features, benefits and costs of the credit contract or consumer lease do not meet the consumer’s requirements and objectives,have a further discussion with the consumer to explain this and determine whether the consumer would consider the credit contract or consumer lease to be unsuitable for their requirements and objectives as a result;(e) if particular features or benefits depend on the consumer undertakings specific behaviour, ensure that the consumer is aware of what they must do to obtain the benefit, as well as the potential costs ifthe required action is not taken (see REP 493, Action 10); and(f) have documented processes to resolve and record the outcome of conflicting consumer requirements and objectives (e.g. specific questions in inquiry tools to identify and record a clear preference) (see REP 493, Action 5)."