Plannr has today (30th January 2025) partnered with Be-IQ to integrate the latter’s risk profiling tool into its back office system.
The tool allows users to complete their risk profile questionnaire directly within the Plannr system, eliminating the need for additional login credentials.
Be-IQ uses a dual-science approach to risk profiling, combining psychometric and behavioural research methods.
This results in the Behavioural Risk Score (BRS), provides a 22% more accurate alignment to investors’ risk attitude and behaviour compared to a typical questionnaire alone.
Michael Free, CEO and founder of Be-IQ, said: “It’s a really exciting opportunity to deeply integrate with a back office software that has a fully open API, allowing us to really embed our risk profiling tool into Plannr’s system as if it were baked in.
“The adviser and client experience becomes seamless and, crucially, effortless”.
Gareth Thompson, CTO at Plannr, said: “We have worked alongside the team at Be-IQ for many years and could not be more excited about showcasing their hugely engaging and insightful risk profiling tool in Plannr.
“We believe it’s a best of breed risk-profiling service and generates a truly meaningful and ‘human’ result using both behavioural and psychometric sciences.
“To have this functionality available to our users within their back office software is a fulfilment of our mission statement to enable best of breed tech all in one place”.
