Capita launches distribution focused business

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Capita has begun the New Year by launching a new integrated distribution business, Capita Wealth and Distribution Services (CWADS).

Within CWADS, Capita Financial Software has been formed by the amalgamation of Webline, Quay Software and Synaptic Systems – three companies acquired by Capita over the last two years. Capita says the new business aims to “revolutionise the intermediary market”, building on the firm’s independent platform ‘Enabler’. Matt Humphrey has been appointed managing director of Capita Financial Software, supported by strategy director Mitchell Philpott and IT and operations director John Willis. “Consolidating three strong businesses into one will benefit the Capita Enabler programme, and its fin...

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