A panel of product providers, IFA portals and back office software firms has announced plans to set aside commercial pressures and collaborate on the development of IFA technology and support service tools.
Announced on the back of new research related to IFA firms and their technology needs, six firms - comprising 1st Software, IBM, Webline, Prudential, Scottish Widows and Standard Life – are working together to try and implement some level of standardisation between IFA back office operations, portals services and provider extranets to encourage intermediaries to adopt online propositions and make them an essential part of the advice process. Moreover, all firms involved in the commissioning of this research say they are keen to bring many other companies into the discussions and share th...
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