Software Vendor Comparison & Selection

A wide range of organisations are incorporating increasingly sophisticated financial planning tools as part of their propositions. Developing such services can be both costly and time consuming. Using our special technology and industry insight, F&TRC have developed a specialist service to help organisations define their requirements and identify the most suitable suppliers for such services.

 

The service is designed to enable organisations to accelerate their speed to market and reduce the cost of sourcing such tools by identifying those vendors that have the closest fit to an organisation’s requirements.

 

The F&TRC Financial Planning Tools vendor database already includes information from 20+ software vendors and includes information on 47 financial planning tools.

REDUCING DEVELOPMENT COSTS, ACCELERATING DELIVERY

By prioritising requirements and identifying suppliers/manufacturers with products that best fit needs, F&TRC are able to give significant cost savings in bringing new services to market.

Through workshops, teleconferences or face to face meetings, F&TRC build up a detailed understanding of the specific requirements and the priorities attached to this.

Using our extensive knowledge of the marketplace F&TRC are best placed to not only understand or review what the potential options are and highlight any issues there maybe with a strategy or tactical decisions that have been made looking in areas such as:

  • Product areas covered
  • Data re-use i.e. Pre-population and Repopulation
  • Functionality control
  • Management Information

F&TRC analysis tools have the ability to build dedicated scoring models to objectively benchmark responses against priorities

Our benchmarking system allow direct comparison between suppliers either on specific issues or from a high level point of view, showing with whom the “best fit” may lie.

At the conclusion of the vendor selection exercise a detailed report is delivered that presents back the firm’s requirements and priorities.

 

 


Protection Tools

Home and Contents Calculator

Income Replacement Calculator

Inheritance Tax Planner

Life Cover

State Benefits Calculator

Sum assured calculator

Pension Decumulation Tools

Annuity Assessment Tool

Annuity Calculator

Post Retirement Death Benefits Calculator

Retirement Options Comparison Modelling Tool

State Benefits Calculator

Standard Lifetime Allowance

Targeting income in retirement

Tax free cash calculator

Tax free cash (impact of taking early)

Investment Tools

Asset Allocation Tool

Bonds tax charge calculator

Bonds v collectives comparison

Income Tax Calculator

Inheritance Tax Planner

Lifetime Income and Objective Planner

Portfolio Modelling

Re-balancing Tool

Risk Profiling Tool

Savings Plan Calculator

With Profits Analyser

Pension Accumulation Tools

Affordability/Budget

Asset Allocation Tool

Cost of delay

Income Tax Calculator

Lifetime Income and Objective Planner

Pensions Tax charge

Pension Tax Relief Tool

Portfolio Modelling

Re-balancing Tool

Risk Profiling Tool

Pension Planner

Salary Exchange

Salary v Dividends Calculator

Standard Lifetime Allowance

Targeting income in retirement

Tax free cash calculator

Transfer Analysis