SGN Financial appoints Fourth Line compliance RegTech

Media Release

Fourth Line, a leading RegTech risk management and compliance system for financial advice, today announced that it has been appointed by SGN Financial Pty Ltd to increase compliance monitoring, identify advice risks and learning opportunities for the continuous improvement in the delivery of quality financial advice.

Fourth Line will provide a range of services including pre and post advice reviews, providing a range of analytics and benchmark reporting to assist SGN Financial in monitoring and improving their advice process.

SGN Financial Managing Director, David Murray “We are impressed by the timeliness and depth of insight into our advice that Fourth Line delivers, this is enabling us to improve monitoring and increase insight into our advice process. We value the partnership with Fourth Line which facilitates improvements in the quality and speed of advice.”

Fourth Line CEO, David Travers commented “We are very excited to be working with SGN Financial to improve advice through the provision of a robust system that creates deep insights into the provision of financial advice. Our system incorporates world leading technology through our partnership with Swinburne University, and our collaboration with Mills Oakley provides the most rigorous and comprehensive financial advice review process available. We provide continuous insights that enable improvements in both the quality, timeliness and the cost of financial advice”.

About Fourth Line

Fourth Line is a rigorous RegTech risk management and compliance system for advice practices, dealer groups and other wealth management participants. Fourth Line uses algorithmic approaches to simplify the complexity in advice reviews whilst maintaining critical human oversight. Fourth Line empowers compliance teams to coach and develop strong advice behaviors through data driven insights from analytics for adviser, practice/dealer group and industry benchmark comparison providing a centralised document storage and access portal to meet regulatory requirements.

About SGN FInancial

SGN Financial Pty Ltd is an Australian Financial Services Licensee No. 490523.

For information email: info@fourth-line.com.au