Isio is to acquire Collidr, an artificial intelligence-driven fintech and investment management company with £3.8bn in assets under management.
It said the deal, which is subject to Financial Conduct Authority approval, would greatly enhance its offering to financial advisers. Isio said the deal would result in the combined organisations becoming a "leading force in the MPS market". Isio said the acquisition would see technology integration, enhanced adviser tools and strengthened co-manufacturing expertise. It said this would drive "increased portfolio innovation providing improved support for advisers and their clients". Isio is a pensions, employee benefits, wealth and investment management firm with more than 1,400 ...
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