Adviser network Financial has selected Capita's Synaptic Fusion technology platform for use by its 400 members.
Synaptic Fusion includes a fund research tool, on- and off-platform product comparison capability and a proposition helping advisers record clients' attitude-to-risk, build portfolios and review holdings.
Financial, launched in 2002, will work with the Synaptic team to configure Fusion for its members by creating what it calls a Financial Standard Investment Solution.
Managing director at Financial, Brian Galvin, said: "Adopting a research and planning solution... is a change from our previous practice, however, given the increasing focus on the investment advice process and client outcomes, we felt it was the right time to provide a proposition that supports member firms throughout the entire process."
Jason Edwards, head of central monitoring, added: "Creating a more efficient process was critical to us in the due diligence phase. The ability, for example, to include any asset type, not just unitised funds, in modelling a client's portfolio is a ‘real world' requirement our members have told us about."
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