Standard Life reassures firms after Focus acquisition

clock

Standard Life has promised to provide support for a wide range of back office systems despite its recent £42m acquisition of Focus Solutions.

The provider purchased the software company in December but says it is committed to providing support for rivals including IntelliFlo and 1st The Exchange. Ross Dunlop, head of e-business at Standard Life: "It is IFAs' own choice what they use. Clearly we want to offer joined-up solutions going forward but we understand an IFA may just choose just Standard Life and not Focus or just Focus and not Standard Life. "We're not there to dictate that. We're here to offer solutions." Dunlop insists Focus Solutions will remain a separate company, maintaining its own brand and management. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Advisers can boost client communication by embracing AI

Advisers can boost client communication by embracing AI

Effective utilisation of AI offers great potential client benefits

James Tucker
clock 01 May 2024 • 4 min read
Optimal efficiency: Is 2024 the year of the advanced data strategy?

Optimal efficiency: Is 2024 the year of the advanced data strategy?

'Data without context, however, is simply a buzzword'

Russell Andrews
clock 30 April 2024 • 5 min read
'Get started now': Putting AI to work in financial advice firms

'Get started now': Putting AI to work in financial advice firms

'Dive in so you can learn and grow together'

Stu Breyer
clock 24 April 2024 • 4 min read