AMA: I'm Rob Borthwick, Head of Product - Datafeeds at Iress, Ask Me Anything!
Hi rob.borthwick thank you for creating this discussion, data feeds have been a source of pain for us for a long time, we often get told it is the product provider ie platform that is the issues, they will say it is iress can you explain why data feeds are such an issue maybe understanding may assist. We do need to fix our data quite a lot
- rob.borthwick9 months ago
Iress Team
Hi deborah.kent
Thanks for the questions.
Without knowing the specifics of your items, I am only able to provide a general comment.
Datafeeds can be likened to putting a sqaure peg into a round hole at time. Platforms store data in their systems in one way (each platform different to the other), and this needs to be converted to format that is suitable to send to Iress (Iress uses an Industry standard file format which allows the Platforms to send data to not only Iress, but any software). At times, the conversion of data from the Platforms system to the file format is not always an easy fit, and issues arise.
If Iress has identified an issue that is impacting a datafeed we will document it as a ‘known Issue’ which is reported on Iress Community in Datafeed Service Updates (https://community.iress.com/t5/Service-Updates-IressNet-and/bd-p/IressNetandDatafeedsServiceUpdates)You can also see details specific datafeeds Platform Summary (https://community.iress.com/t5/Platform-Summaries-IressNet-and/tkb-p/PlatformSummaries/label-name/Australia)
Iress continues to work with all data providers to improve any issues that exist within the datafeeds.
Welcome to this AMA thread!
Here's how to get involved:
- Submit your questions: Just type them out and post now ahead of the AMA! This is a text-based event, so no audio or video is needed. The expert will be online to answer whatever questions you have during the scheduled time.
- Be respectful: Keep it friendly and professional. Respectful dialogue makes the AMA enjoyable and informative for everyone.
- Stay engaged: Feel free to follow up or ask about different topics as the thread goes on. The more you interact, the richer the conversation.
- Enjoy the experience: Use this opportunity to gain insights and connect with peers and experts. Let’s make this AMA one to remember!
Looking forward to all your amazing questions and let the asking begin!
Recent Discussions
9th Apr AMA: I'm Sarah Jacobs, Xplan optimisation expert and product manager, Ask Me Anything!
With the government proposing to replace SOAs with Client Advice Records (CARs), are your advice document processes in Xplan as efficient as they could be? For example, curious about how to optimis...sarah.jacobs3 days agoIress Contributor840Views5likes28Comments27th March AMA: I'm Lana Graham, Xtools+ expert and product manager. Ask Me Anything!
Xtools+ has helped countless advice practices work out solutions to their clients' financial problems – even for the most complex scenarios. Why not fully harness its potential and have a say in what...lana.graham2 months agoIress Contributor972Views3likes46Comments8th May AMA: I'm Kenny Foo, Xplan implementations expert, Ask Me Anything!
Are client reviews coming around too quickly? Is work piling up quicker than you can get to it? Then workflows may just be what you need! Have questions like these?: Where do I start with desi...kenny.foo2 months agoIress Contributor592Views4likes16CommentsAMA: I'm Jess Lamb, Xplan expert and Director at Practice Dynamix, Ask Me Anything!
Advisers and paraplanners, are you providing the best possible experience during the client review? And how could you be using Xplan to be making the process even more efficiency? Join me here on T...jessica.lamb3 months agoAdvisely Partner642Views5likes22Comments