Two of the financial service industry’s leading software businesses, Distribution Technology and Intelliflo have today signed a 5 year partnership agreement which will make award winning risk profiling and financial planning software, Dynamic Planner® available to advisers integrated with Intelliflo’s business management tool, Intelligent Office.
From July this year, this new integration will enable advisers and firms using Intelligent Office to access their client information in Dynamic Planner without re-keying, while client data and documents generated during the planning process are pushed back into Intelligent Office to form part of the complete compliance file and client record.
This new integration will save advisers and firms significant amounts of time and reduce the potential risk that comes from re-keying client information, while giving them access to tried and tested, market leading technology.
The integration was first developed last year and has been in use with mutual client SimplyBiz since late 2014.
Ben Goss, Chief Executive at Distribution Technology said; “We are excited about this new proposition and look forward to working with our partners at Intelliflo to support both existing and new client firms. It has become very clear that advisory firms want a combination of tried and tested, award winning software from both our firms. It means that they can benefit from applications which are best-of-breed in their areas without the cost and risk of re-keying.”
Nick Eatock, Executive Chairman at Intelliflo added “We believe that this integration will be warmly welcomed by our mutual clients as a real time and accuracy saving for users of our respective best of breed applications. We are delighted to work with Distribution Technology on this initiative.”
Distribution Technology is a leading provider of risk profiling, financial planning & front office wealth management technology. Founded in 2003 the organisation serves more than 6,000 advisers from more than 500 advisory firms from the largest nationals, networks and service providers, to high quality local and regional advisers and bank owned wealth managers.
DT works with more than 80 asset management firms to risk profile over 800 of their funds and portfolios and helping advisers assess their suitability.
Dynamic Planner® is integrated into 25 investment platforms, enabling advisers to gain both aggregated valuations as well as straight through transactions, dramatically reducing the cost and risk of servicing end clients and customers.
Intelliflo has been providing information technology services to financial services companies since its formation in 2004. Its leading web-based business management software, Intelligent Office, helps financial businesses large and small to improve efficiency and increase profits. Intelligent Office supports over 1,320 firms and 11,450 users with assets under advice of £181 billion (as at 31 December 2014).
In July 2013 HgCapital, a leading European private equity investor in B2B technology companies, became a majority shareholder in Intelliflo Ltd. HgCapital has a wealth of expertise in developing web-based software businesses and is committed to supporting the next phase of Intelliflo’s growth.
Intelliflo’s continued growth has been recognised through a new technology business award, while the list of adviser firms signing up to use its Intelligent Office (iO) software continues to expand.