InfoComp offers wrap package

Australian firm InfoComp has gained regulatory approval to offer its wrap software on a white-label basis to customers such as intermediary firms and banks, thereby simplifying their applications to the regulator. "When we speak to people interested in setting up a wrap, many are unsure what they have to do from the FSA's point of view," said Rob DeDominicis, chief executive of InfoComp. "Basically we have all the documentation, meaning we can create a white-label pack that businesses can use. They can go to the FSA and say they are using our licence but extending it with their own specifi...