Friends Provident and Chase de Vere are the latest companies in the financial world to look to Excha...
Friends Provident and Chase de Vere are the latest companies in the financial world to look to Exchange FS, the e-commerce and solutions business, to enable them to provide more efficiently personal finance services.
The Exchange has signed a contract to develop a new £2m software system for Friends Provident during the next year that will integrate the group's multiple direct sales channels while Chase de Vere has also agreed to pay £2m for the installation of a customised back office system.
Friends Provident director of direct business operations Jamie McIver says there is a need for a new system following the restructuring of sales processes for advisers.
"Exchange FS has the technology to meet this need by integrating our direct distribution channels, providing advisers with easier to use software and using client information more intelligently," says McIver.
Chase de Vere's chief executive Nigel Mitchell says: "The system that Exchange FS is implementing is part of a major development of our business, aimed at supporting future growth and maintaining our excellent customer service levels. It gives us the flexibility to adapt our technology to support new and future business processes."
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