Intelliflo - Online adviser software

Intelliflo and Cofunds power up adviser efficiency

By Jo Gilbey
Find me on: LinkedIn Google+ Feb 16, 2015 9:43:00 AM

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Intelliflo has partnered with Cofunds, the UK’s leading general investment platform, to offer advisers two-way integration between Intelliflo’s award winning business management system, Intelligent Office, and the Cofunds platform.

Available from February 2015 to selected firms, the two-way integration allows users to send information between both Intelliflo’s and Cofunds’ systems, resulting in a more efficient way to manage their business and clients.

The innovative two-way integration will streamline processes in the following areas:

  • Simpler new customer applications - re-using client information already held to avoid duplication of work.
  • Integrated trading – seamless instructions for lump sum trades (including new business submission for ISAs and investment funds) – avoiding paper or re-keying of information already held in Intelligent Office.
  • Reconciliation of platform information back from Cofunds to Intelligent Office – including trade settlement, transaction history and up to date valuations.

Nick Eatock, Executive Chairman of Intelliflo, said: “Given Cofunds’ position in the market as the leading general investment platform in the UK, we’re delighted to be working with them to offer their clients an enhanced web-based business management experience.”

Stephen Wynne-Jones, Head of Marketing Operations at Cofunds, added: “Our partnership with Intelliflo is a strategic step towards aligning the business with the best technology specialist suppliers in the industry. It also forms part of our ongoing commitment to helping advisers streamline their processes to make it as efficient as possible to service their clients.

“Intelliflo gives users a two-way flow of information between Cofunds and the adviser, therefore helping build a fuller picture of a client’s financial profile. This should ultimately save advisers considerable time, helping give their best advice based on the full picture, and remove any room for error."

For further details:

Intelliflo
Jo Rimmer, Redspark PR
Tel: 07970 088383
Email: jo@redsparkpr.com

Cofunds
Laura Cronin, Lansons Communications – 020 7294 3607 / cofunds@lansons.com
Jennifer Stevens, Lansons – 020 7566 9723 / cofunds@lansons.com

Editor’s notes

About Intelliflo

Intelliflo (www.intelliflo.com) 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.

About Cofunds

Cofunds is the leading general investment platform for advisers and other financial institutions, with assets under administration of over £67.4bn*. It provides flexible administration and management services for advisers and their clients as well as dealing and custody services for financial institutions.  It does not offer investment management or advice, nor does it compete with advisers by offering its services direct to the end client. Cofunds exists to serve the needs of institutions, advisers, their clients, and fund managers. Cofunds is wholly owned by Legal & General and authorised and regulated by the Financial Conduct Authority.

* Source: Legal & General Group 30/6/14 (nb these assets are made up of Cofunds and Investor Portfolio Services)