FAYBL Launches AI Agent on Iress's Xplan
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.
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