FAYBL Launches AI Agent on Iress's Xplan

May 28, 2025
FAYBL has launched its Autonomous General Agent, integrating with Iress's Xplan platform to enhance financial advisory workflows.

FAYBL has launched its Autonomous General Agent, successfully integrating it with the API of Iress's Xplan platform, announced in a press release. The Xplan platform is widely used by financial planners, with over 35,000 users in Australia alone.

The new AI agent is designed to manage complex workflows autonomously, significantly reducing the time required for financial advisors to produce advice. According to FAYBL's CEO, Steven Goh, the agent can complete tasks in minutes that traditionally take hours, potentially doubling business efficiency and halving costs for advisors.

The agent operates with a 'human-in-the-loop' approach, utilizing FAYBL's patent-pending foresight technology to research, alert, recommend, plan, and execute workflows. This capability sets it apart from other AI tools that focus on automating single tasks. Currently, early access to the agent is available for enterprise-level Xplan users and select financial advisors, with general access expected in June 2025.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like Finance AI Weekly, Enterprise AI Brief or Daily AI Brief.

Also, consider following us on social media:

Free newsletter

Enterprise AI Brief

Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.

Industry analysis

2025 Global Business Services Agenda: Gen AI Takes Center Stage

The Hackett Group

This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.

Read more
Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.