Cass 5 FCA Client Money Software recomendation

Cass 5 FCA Client Money Software recomendation

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Can anyone recommend software for the recording of CASS 5 client money and also if there are any off the shelf procedures.

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By Grayson Moore
20th Sep 2014 16:11

If you are considering software for managing the client side of your insurance brokerage services you should also be considering how this fits in with how you manage the office side as ideally you want a single system rather than 2 separate systems running side by side for ease.  How are you recording the client and office transactions at present?  

OpenGI has been a commonly used system in brokers I've dealt with which has worked well.  A quick google search brings ups a half dozen providers, including OpenGI who you can look into. A significant factor in your choice will be the monthly cost attached to any system and potentially the associated hardware cost implications if you need to replace existing infrastructure.

Regarding procedures are you referring to how to manage the client account?  If so full details are in the CASS 5 handbook which you can download from the FCA website.

 

 

 

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