28 January 2014
After a thorough review of the technology available, Legal & General Network has chosen Intelliflo’s Intelligent Office as the new Point of Sale (PoS) solution for its Appointed Representatives (ARs) and Directly Authorised (DAs) members.
Intelligent Office (iO) is an award winning, web-based system from Intelliflo that is used by over 1,100 firms and 10,500 users. Five of L&G’s partner firms have been involved in the development of this project from its inception, to ensure that the solution and the training required exactly fits the needs of L&G’s distributors.
This move follows the successful roll out of the system to their wealth sellers in December 2012.
This investment in Intelligent Office will not only have an immediate and positive impact on Legal & General Network’s ARs in terms of the functionality that it offers, but will also ensure that the provider’s systems have been optimised for the launch of the Mortgage Market Review (MMR) in April.
Simon Maskell, Proposition Director, Legal & General Network, said:
"The move to Intelligent Office represents the biggest investment we've made in a single initiative since the Network launched back in 2004, and is a key element of our commitment to ensuring that Legal & General Network’s distribution network is the strongest in the market.
“Our intention is to lead the market by launching this new point of sale system from Intelliflo that gives a great adviser and customer experience. Much of the design for this project has come through direct feedback and input from our adviser partners. As a result, we're confident that its launch will support our clear growth strategy and enable us to manage our joint regulatory obligations more effectively, complete with clear and robust audit trails as the number of advised sales begin to rocket post-MMR.”
Dave Chessell, Chief Commercial Officer, Intelliflo, says:
“Having a flagship mortgage market client like Legal & General Network is further proof of the advanced functionality that Intelligent Office can provide. As the MMR draws closer, it will be vital that advisers have easy access to the tools they need to manage their customers and report on activity effectively. Intelligent Office will not only satisfy both of these requirements, but will also enable greater efficiency and productivity in a compliant way.”
The full migration from Legal & General Network will take place between December 2013 and March 2014 with over 70 residential courses taking place all over the country.