Tech review: Transact

clock

This week Mark Loosmore of AT8 Group goes to Transact, the largest and oldest of the pure wrap platforms

We have reviewed many of the wraps in the market, but none to date have come close, in terms of Assets under Administration (AUA) to the fund supermarkets. The largest wrap to date that we have reviewed was Standard Life, with about £6bn AUA, whereas Cofunds had £28bn AUA and Skandia £32bn AUA. This week I spoke to Malcolm Murray, marketing director at Transact – the largest of the pure wrap players – to see how the platform is shaping up. Transact is the oldest of the wrap platforms being the first to launch a wrap service in the UK, back in 2000. Transact used technology and systems...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on TMT

TMT

Tech review: 7IM

This week Mark Loosmore of AT8 Group looks at the evolution of 7IM's platform, which uses an open architecture approach to provide greater independence.

Mark Loosmore
clock 10 March 2011 •
TMT

Time to aim for the cloud

Nick Eatock, chief executive officer of IntelliFlo, examines the development of cloud-based applications.

Nick Eatock
clock 10 March 2011 •
TMT

Service is the name of the game

Nick Eatock, chief executive of IntelliFlo, explains the basics of the company's software solution, Intelligent Office.

Nick Eatock
clock 24 February 2011 •