Australian Regtech, Asendium is delighted to have the esteemed corporate lawyer from Redcourt Partners, Michael Dodge join their Advisory Board.
Michael has over 33 years’ experienced gained as a corporate lawyer and partner at Arnold Block Leibler. Having been noted in Legal Profiles, the independent review of Australia legal firms, as being an “astute and commercially focused lateral thinker", Michael has acted for a number of companies across a range of industries.
Excited by the opportunity to work with Asendium in solving a real-world problem faced by financial planners, Michael is now focused on assisting companies navigate the pathway to growth. Michael explains,
The shift to using technology to replace manual processes is inevitable. The Asendium team have deep industry experience that has led them to develop a solution that will revolutionise the way in which the financial planning industry meets its regulatory requirements.
Founded in 2019, Asendium is an automated compliance document generation system for financial planners that reduces the time to complete documents. By automating the non-impactful parts of compliance documents, while still leaving the client conversations and rationale free for financial planners to input, Asendium’s intuitive and customisable system has proven to increase the efficiencies for financial planners and their teams by up to 90%. Asendium focuses on the micro efficiencies that create a macro impact by turning complex problems into simple solutions.
Scott Miller, Co-Founder and CEO of Asendium explains,
When it comes to regulatory changes, there should be a process or framework that guides financial planners on how these best practices should be reflected in compliance documents. This is where Asendium comes in.
Asendium is currently working with a number licensees to develop a structured and comprehensive automated infrastructure from which their financial planners can efficiently generate and deliver compliance documents in under 10-15 minutes, whilst still adhering to the standards of the licensee, regulator and acting in the best interest for the client.
Currently the Executive Director of Redcourt Parnters, Michael will be joining the Advisory Board to provide advice to the Asendium team on a range of issues including corporate governance, commercialisation and international expansion as they continue to work towards the long-term vision of providing financial planners the tools to deliver next day, comprehensive and personalised advice.