Australia’s Spring FG to launch digital wealth management platform

Spring FG, an Australian financial services company, is set to roll out a new digital wealth management and advice platform next month.

Spring FG, an Australian financial services company, is set to roll out a new digital wealth management and advice platform next month.

The new platform, dubbed Spring247, has been developed by fintech specialist My Prosperity. It will include data feeds from US-based cloud-based data platform Yodlee, RP Data and RedBook.

Users of the platform will be able to consolidate bank accounts, credit cards and loans, shares, managed funds and superannuation in a single place, irrespective of the product provider or financial institution behind each asset.

The platform will also offer access to valuation estimates for the family home, investment properties as well as motor vehicles.

It will be accessible on various devices, offering clients access to the Spring FG’s financial advisers network.

The platform is expected to upgrade with new features over the coming months including video conferencing with advisers, and digital document sharing and execution.

Spring FG managing director Keith Cullen said: “Spring247 is a powerful and simple-to-use platform designed to provide our clients with the peace-of-mind that comes from being on top of all of their finances in one place.

“Thanks to secure data feeds from world-leaders like Yodlee, RP Data and RedBook, with Spring247 gone are the days of being restricted to a platform’s defined or limited product offerings, or having to log-on to multiple websites or manually piece together your accounts and investments for a complete picture of your finances.”