What’s changed since our initial meeting

Nirio can now review a primary suitability report alongside wider case evidence, moving beyond checking a single document in isolation.

• There remains one primary suitability report, which sits at the centre of the review.
• Wider supporting documents provide additional evidence that can strengthen or qualify the review.
• Supporting evidence does not override or replace the primary report.
• Evidence obligations can be document-specific, so each document is assessed against the controls relevant to it.

Firms can configure their own internal advice standards alongside Nirio’s regulatory controls, so review reflects both the regulatory baseline and internal expectations.

• Firm-configured controls are additive to the core deterministic review.
• Findings are source-linked, so reviewers can trace each flagged point back to the underlying evidence.
• Controls are applied consistently across reviewed cases.
• These capabilities are illustrative of the configuration model; they do not imply that any particular firm’s standards have already been configured.

Review findings can now move into a remediation workflow rather than ending as a static report.

• Each finding carries a status, so the progression from raised to resolved is visible.
• Remediation tracking records how a finding was addressed and what evidence resolved it.
• Review history is retained, creating an auditable progression of the case.
• Human judgement remains central — Nirio surfaces findings for reviewer assessment rather than closing them automatically.

Nirio can now aggregate individual case findings into population-level oversight, helping compliance teams move from individual file checking towards wider assurance across the advice population.

• Thematic review surfaces recurring findings across reviewed cases.
• Finding prevalence shows how often particular gaps appear across the population.
• Trends can be viewed across advisers and cases.
• Reviewers can drill down from a population-level theme into the underlying cases.
• Management information summarises the state of the reviewed population, with a remediation overlay showing what remains open.

Nirio’s deterministic ruleset has continued to expand into more scenario-specific areas. We continue to extend the deterministic control library into additional advice scenarios while preserving bounded, repeatable and auditable decision logic.

• Retirement-related scenarios.
• Additional retirement-related evidence controls.
• Switch or transfer comparison.
• Comparison of existing and proposed arrangements.
• Cost comparisons.
• Feature and benefit differences.
• Client-specific rationale.

Nirio does not claim full FCA coverage, does not determine whether advice is suitable, and the control library is not presented as complete.

Integration work with XPLAN has progressed, establishing a practical path for Nirio to work within an XPLAN-based advice process.

• We have established a viable route for identifying relevant case documents and retrieving the associated document content through Iress Open Standard.
• This creates a practical path for Nirio and XPLAN workflow integration.
• Deeper integration options remain available over the longer term.

This describes integration progress and a viable route; it does not represent a production-ready integration with any specific firm.

Alongside product development, Nirio is continuing to mature its enterprise security assurance programme, with independent security validation, penetration testing, data-governance controls and operational-resilience evidence forming part of the assurance workstream.

• Independent security review and penetration testing are part of the enterprise assurance programme.
• Data governance, retention and deletion controls are being strengthened for enterprise deployment.
• Operational resilience and procurement evidence are being developed alongside the platform.
• Security assurance is being progressed in parallel with product and integration development.