National IFA and consolidator Bellpenny has agreed a deal to use Capita Financial Software's research and risk profiling tool Synaptic Fusion.
The deal will give Bellpenny's advisers access to Synaptic's product and fund research data, on- and off-platform comparison services, a quotation portal and a new investment planning and risk profiling tool, Synaptic Modeller.
Sandy Bryson, sales director at Bellpenny, said: "It's evident that the industry needs an integrated suite of tools for advisers and the Synaptic Fusion programme fits this bill perfectly.
"This is a significant investment in technology for us and we believe it will provide our advisers with robust research and compliance processes."
Bellpenny formed in 2012 and has made a number of acquisitions, including a deal in January to take on the advisers at Monmouthshire Building Society
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