In 1994 Spotlight, the software services organisation introduced the first fully integrated windows based administration and financial planning solution to focus on the Financial Advisor's needs and their customer’s needs. “We pride ourselves on being adaptable and being able to adjust the software to the markets requirements quickly so that Advisors are kept abreast of the industry and technology “trends” points out Philippe Moretonas MD, Spotlight, “this enables our users to stay ahead of the competition while maintaining efficient businesses”.
Traditionally Spotlight has focused on the provision of software products; this focus has broadened to the provision of services on the backup of its vast customer base. We are committed to the idea of building partnerships between other service organisations, customers and product providers. It is this ability to create such partnerships that has enabled Spotlight to become the de-facto standard in the South African financial planning industry.
Spotlight has enabled Financial Advisors to improve operational efficiencies, reduce costs in order to operate more profitably and efficiently in a regulated environment, as well as engaging in new market opportunities, while retaining key profitable clients. Spotlight integrates the critical functions of a Financial Planning business into a single software system, focusing on areas of Database and Client Relationship Management, Risk Research Management, Financial Planning, Investment and Wealth Management Planning, Business Management, Compliance Management and Commission Management. Approaching each business with the flexibility to begin small and ultimately enabling an Advisor to run their entire business off the solution is the key to Spotlight’s success.
Spotlight is a technology and financial planning driven company that seeks out financial planning problems, finds solutions and wraps those solutions in processes and systems. Today, Spotlight provides financial peace of mind across South Africa, by supporting over 16,000 professional, efficient and ethical Financial Advisors.
Most of the major institutions have partnered with Spotlight in some way or form including Acsis, BOE, Discovery, First National Bank, Liberty, Momentum, Nedbank, Old Mutual, Sanlam, Stanlib and Xchange Solutions to name but a few.
In July 2007 Australian based IRESS Wealth Management expanded its footprint in South Africa by acquiring a 100% interest in Spotlight. This investment builds on the very strong performance of the IRESS wealth management division since 2003 and reflects IRESS’ resolve and commitment to the wealth management services space. This now positions Spotlight as the clear leader in both the desktop and web space enabling the company to leverage off global technologies and local expertise in financial services.