Vertex a 'utility' to work with others

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David Child, managing director of The Exchange, says the latest news highlighting the integration of portal Exweb with software developer 1st Software means parent Vertex Financial Services is on track to create a "utility" model that will be competitor agnostic.

This means The Exchange will continue to work, for example, with all back office systems providers, including Quay, Plum and Prestwood, regardless of ownership in order to provide their users and the portal's user’s with the services they demand. According to the latest Exweb-1st Software developments, the initial integration with the Exweb portal of Adviser Office, 1st Software’s back office solution for financial advisers, has been brought forward to May from the Autumn. This, Child says, shows how the two are on track “to drive a step change in ecommerce in the industry,” in areas su...

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