Intelliflo: 'Direct competitors should be concerned'

'More firepower'

Tom Ellis
clock • 2 min read

Intelliflo's direct competitors should be concerned about its access to "far more firepower" than it had available before its purchase by global fund house Invesco, Nick Eatock has warned.

Speaking to Professional Adviser, Intelliflo's executive chairman was bullish about the technology software provider's future under its new owners. "The reality is we have access to far more firepower than ever before," he said. "The people I would be concerned about would be our direct software competitors because, as I said, we now have far more access to investment and far greater ambitions." Asked what investment and commitments Invesco has pledged to Intelliflo, Eatock described its plans going forward as "pretty significant". "This is the best possible news UK advisers could ...

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

Rob DeDominicis: You don't need to wait until 2030 for AI to pay off

Rob DeDominicis: You don't need to wait until 2030 for AI to pay off

'Firms shouldn't be held back waiting for the industry to agree on where the higher-risk work sits'

Rob DeDominicis
clock 14 August 2026 • 3 min read
FE Fundinfo launches AI assistant for advisers

FE Fundinfo launches AI assistant for advisers

Part of updates to Nexus for Financial Advisers platform

Sophia Panayi
clock 13 August 2026 • 2 min read
Is the FCA ignoring an obvious breach of the regulatory perimeter?

Is the FCA ignoring an obvious breach of the regulatory perimeter?

'There are genuine legal complications'

Gareth Fatchett
clock 11 August 2026 • 5 min read