Project Main Details
The content will be a Whiteboard Animation but it is a relatively formal subject so not too light hearted, think TED talks.
The subject is about the change in legislation from the EU to make sure all banks provide investors with ALL potential costs. SDS has designed a piece of software to help banks cope with the change and also help customers clearly see the cost implications of making an investment.
We have enclose the full script below but we will need a sample 2 lines recording so our client can approve your voice before we go ahead.
We look forward to your auditions.
It's no secret that the financial crisis of 2008 uncovered, amongst other things, a fair amount of misconduct. Cost transparency was almost non-existant, meaning investors were incurring hidden costs on financial products.
Fortunately the EU has stepped in with MiFIDII, a new directive for regulating the financial markets.
So from 2018, financial institutions must by law declare all costs of their services and financial instruments.
The question is, how can institutions calculate and assess costs within the framework of bank-specific fee models and agreements in a simple and efficient way?
SDS has developed a flexible software solution which calculates and documents cost information considering individual conditions.
m:Cost has been designed as a highly flexible framework which allows for the individual configuration of fee models on an investor-specific basis.
So how does the customer benefit?
Well, let's take the case of Bob, a relatively inexperienced investor. He goes to his friendly financial advisor Katy to explore his options:
Katy presents him with a variety of financial products as well as a risk-return profile.
Her advisory desk automatically inputs all his data into m:Cost for future use and immediately calculates all his costs, including service costs for:
- initial purchase
- an investment‘s lifetime
- terminating an investment.
- and the financial instrument itself.
The software also provides a way to compare offers, allowing Bob to explore his options with other banks.
As with all other institutions, compliance is assured so he can have peace of mind; relying on accurate, fair information to make the right decision.
Thanks to m:Cost, Katy can give Bob better, more reliable and realistic investment advice as well serving the needs of the wider digital society.
Now imagine for a moment that Katy could also be a robo advisor who automatically interacts with m:Cost just the way a human financial advisor would do.
In order for financial institutions to succesfully work within the confines of this regulation, they require a process and application environment which minimises additional costs for customer service inflicted by MiFIDII.
m:Cost is a solution customised for this task, offering the necessary flexibility and at the same time fulfilling all requirements related to price information and cost transparency.
[In text]: To find out more visit our website: https://www.sds.at/en/ 2016-11-23 14:26:24 GMT 2016-11-29 17:00:00 (GMT 0) Greenwich Mean Time: Dublin, Edinburgh, Lisbon, London Yes (click here to learn more about ) Closed 30 30 0 direct invitation(s) have been sent by the voice seeker resulting in 0 audition(s) and/or proposal(s) so far. Voice123 SmartCast is seeking 30 auditions and/or proposals for this project (approx.) Invitations sent by SmartCast have resulted in 30 audition(s) and/or proposal(s) so far.
• Audio files must be delivered via FTP/Dropbox/Google Drive/cloud
Voice123 Team Comments
Voice123 consultations with this voice seeker regarding this project and/or other projects by this voice seeker, via phone, chat, and/or email.
This project - phone.
Previous projects - phone.
This project - email or chat.
Previous projects - email or chat.
Note: Voice123 strives to establish the legitimacy of all projects posted. However, Voice123 subscribers and users are responsible for confirming information stated by prospective voice seekers, agents and/or clients. Voice123 subscribers and users assume all liability for use of any information found through Voice123, or any of its publications.
This page contains the most important details of this project. If you find the information on this project inaccurate or inappropriate, please let us know by contacting us.