Intelliflo - Online adviser software

Legal & General implements Intelliflo’s Intelligent Office solution in preparation for the MMR

By Jo Gilbey
Find me on: LinkedIn Google+ Apr 25, 2014 9:49:00 AM

With the Mortgage Market Review (MMR) now here, Legal & General have already implemented Intelliflo’s Intelligent Office (IO) solution to help its Appointed Representatives (ARs) become fully compliant with new regulations.

Legal & General have been working closely with five partner firms to ensure that the solution and the training required exactly fits the needs of Legal & General’s distributors.

Legal & General chose IO to give its advisers more tools to manage and report on customer activity. ARs will have access to on demand statistics and figures to help them identify trends, new business opportunities, measure and benchmark performance, along with tasks and activities by advisers.

IO is also a web-based system, so advisers will be able to access the software from most devices, in any place and at any time.

Simon Maskell, Proposition Director, Legal & General Network, said:

"We are confident that Intelliflo’s IO system will help to make our Network’s transition into the post-MMR industry as smooth as possible. We have implemented IO to enable us to manage regulatory obligations now and in the future much more effectively, and produce clear and robust audit trails as the number of advised sales, begin to increase post-MMR.

The move to IO is a key element of our long term commitment to ensuring that Legal & General’s distribution network is the strongest in the market. We have made a huge investment into making sure the system is tailored for our ARs, offering excellent adviser and customer experience. And with further enhancements planned later this year and next, it can only get better.”

Dave Chessell, Chief Commercial Officer, Intelliflo, says:

“We are pleased to see that our Intelligent Office solution has helped Legal & General prepare for the changes that come with the MMR. Regulation is one of the key challenges that the mortgage market will have to face as of the end of April, and having the appropriate system to accommodate these changes is essential. IO will enable greater efficiency and productivity in a compliant way.”

…ends…

FURTHER INFORMATION (JOURNALISTS ONLY)
Alyson Bowcott
PR Manager
Legal & General Group Plc
01737 374443
07764 582574
alyson.bowcott@landg.com

NOTES TO EDITORS

About Legal & General
The information contained in this press release is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions.

The Legal & General Group, established in 1836, is one of the UK’s leading financial services companies. As at 31 December 2013, we were responsible for investing £452 billion worldwide on behalf of investors, policyholders and shareholders. We also had over 7.9 million customers in the UK for our life assurance, pensions, investments and general insurance plans.

Legal & General is one of the biggest providers of index-tracking investments in the UK, managing £269 billion as at 31 December 2013.

www.legalandgeneral.com/mortgages


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 1,150 firms and 11,000 users with assets under advice of £150 billion (as at 31 March 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 has won the Professional Adviser ‘Best Technology/Software Provider’ award, voted for by Financial Advisers, every year since 2010.

For further information please contact:

Jo Gilbey
Marketing Director
Intelliflo
Tel: +44 (0)208 481 1111
jo.gilbey@intelliflo.com

Sophie Placido
Consultant
Rostrum Communications
0207 440 8678
Sophie@rostrumpr.com