SocGen resolves legal claim with platform tech provider FNZ

SocGen filed the claim in the Commcercial Court on 29 October against FNZ, which provides the underlying technology for a number of adviser platforms, including the Aviva, Embark, Old Mutual Wealth and Standard Life adviser platforms. It also provides technology to other financial groups, such as Barclays and HSBC. A spokesperson for SocGen said: "This relates to a claim within our global markets division and Societe Generale is pleased the claim has been settled." Professional Adviser understands a financial settlement was not necessary to resolve the dispute. FNZ declined to comm...