TIQK, a RegTech SaaS company based in Sydney, Australia and focused on the automation of both adviser & licensee compliance to customers, today announced a partnership with Melbourne wealth management firm Scholten Collins McKissock.

On announcing their second client partnership, TIQK CEO Steve Thomson said “We are delighted to partner with an organisation like SCM, who share our vision of augmenting the human compliance process with technology. SCM will commence using TIQK’s automated Statement of Advice audit platform in October to vet all of their SoAs for best interest and statutory compliance, making them one of the first groups in the country to test every SoA for adherence to best interest duty.”

Aubrey Roga, SCM Chief Executive Officer said “At Scholten Collins McKissock, we are focused on delivering quality advice outcomes to all our clients.  We see compliance as a fundamental pillar in measuring, improving and demonstrating this.  We have partnered with TIQK to augment our compliance processes and leverage the advancements in AI and machine learning technology where relevant.”