Intelliflo has asserted its acquisition by global fund manager Invesco is "good news" for both its customers and the future of its service, saying it brings "a commitment to invest in all elements".
Intelliflo, which offers its back office Intelligent Office (iO) software and supports some 30% of UK advisers and 19,000 "investment professionals" with its technologies, had been owned by European private equity investor HgCapital from 2013. The technology provider's executive chairman Nick Eatock told Professional Adviser the purchase was "good news" for its customers and that the firm would continue with its open architechture philosophy. He said: "The Invesco acquisition is good news for our customers, people and the future of our service because it brings a commitment to invest ...
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