A record year to date performance has taken Ascentric and IFDL past the £7bn milestone for assets under administration.
Total assets had risen by 46% to £6.7bn by the end of the third quarter, over the same period last year.
During October, a combination of strong net inflows and a buoyant stock-market has driven total assets above £7bn for the first time, up 36% since the start of the year.
Ascentric managing director Hugo Thorman said: "2013 is fast becoming a key year in the history of this platform. The post-RDR environment has certainly helped us exceed expectations in terms of net inflows, but more importantly, it laid the foundation for a major technology programme that will enable us to enhance as well as evolve our service to clients.
"I would like to thank our adviser and institutional clients for their ongoing support as well as their feedback. It is this which has catalysed our plans and been central to the development of our platform technology."
Net new business on the platform was up by 46% in the third quarter, rising from £857m in the third quarter of 2012 to reach £1.25bn.
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