Financial Profiles Inc. plans to
begin offering two of their financial planning software
packages-Profiles+ Forecaster and Profiles+ Professional-in an
application service provider environment called Profiles on Demand by
the end of January.
Profiles+ Forecaster is designed for less complex
planning needs. It produces quick, easy to understand actionable plans.
Profiles+ Professional is a more comprehensive financial planning
program designed primarily for use with higher-net-worth individuals.
The Web-based Profiles on Demand will be accessible
to licensed users from any location that has Internet access. The ASP
will automatically back up all client data, relieving advisory firms of
the task.
According to David Oates, director of marketing at
Financial Profiles, Profiles on Demand will feature secure data
architecture, redundancy of data storage, redundancy of application
access and scalability.
"Profiles on Demand will feature automatic updates,"
he said. "Advisors will no longer be required to download program
update, tax updates or statistical updates. The online version should
eliminate lost CD and other installation issues."
Financial Profiles, of Carlsbad, Calif., is a wholly owned subsidiary of Allmerica Financial.
Profiles On Demand Set For January Launch
December 5, 2005
-Joel Bruckenstein
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