Abbey Wrap throws out the bathwater

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Abbey's wrap proposition is to rebrand as James Hay Wrap on 30 October, and will infuture rely on core software from InfoComp.

The initial change will come with a raft of upgrade improvements to the current offering, which will be detailed in IFA roadshows through October. The change marks a major change in tack for Abbey, which was one of the first wrap providers to launch a proposition into the UK market, but whose general handle on technology was cited as one of the reasons its acquisition by Santander made business sense - the Spanish bank said it saw efficiencies that could be had from changing Abbey's previous IT competencies. Feedback from the Abbey Wrap Partners Forum, which includes IFAs, has resulted ...

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