BT announced the development in a statement, following the BT Adviser Forum in Sydney yesterday.

“The latest addition of BT Managed Portfolios will offer advisers and their clients a simple way to access shares, managed funds and cash through a range of professionally managed portfolios, and remove the need to individually research, monitor or trade assets,” the statement said.

BT Financial Group general manager of platforms and operations, John Shuttleworth, said the Panaroma technology, more broadly, was transforming adviser-client relations.

“BT Panorama is resonating because it is being built and designed in response to the evolving client-adviser relationship where clients are demanding more control and advisers need holistic tools that bring their clients’ whole financial roadmap together,” he said.

“BT Panorama will be available on multiple devices, including mobile phone and tablet, provide greater administrative efficiency, and a greater asset range.

“BT Panorama provides professional investment managers with a simple, easy-to-use interact for establishing and managing portfolios.”

The operating system has already been integrated with 60 bank systems, including Westpac Live.

The statement reveals the Cash Hub component of the platform was given a soft launch “a year ago”, with funds under administration already exceeding $1 billion.

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