Technology

Paul Holland, executive chairman of quotes provider Webline, has responded to market rumours today by stating despite a year of courtship no deals have been signed with any third party relating to an acquisition deal.

Initial research and discussions with intermediaries as part of the industry's Adviser E-Enquiry initiative suggest ecommerce is being held back by a particular set of barriers requiring an industry-wide response, a Webline forum has heard.

Fidelity's FundsNetwork platform is officially pressing the go-live button on its Sipp and investment bond offer in the week starting 12 December.

Webline, the quotes provider, has been picked by Bankhall founders Paul Hogarth and Simon Taylor to supply the ecommerce platform underpinning a new general insurance business rolling out in early 2006.

In a joint statement later today Quay Software and Capita will be announcing Capita's acquisition of Quay Software.

An automated pipeline tracking service has been launched in a joint venture by Friends Provident and Positive Solutions to help advisers keep track of their business electronically.

IT provider Marlborough Stirling has officially changed its name to Vertex Financial Services today, although The Exchange will keep its name and VFS will remain headquartered in Cheltenham.

Winterthur Life has launched a new online valuation fund switching and administration service for advisers called Policy Services.

After a record number of entries, the shortlist of potential winners for this year's Online Finance Awards is now announced.

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