Intelliflo reassures users purchase by Invesco is 'good news'

Poll offered signs of adviser concern

Tom Ellis
clock • 2 min read

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 ...

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

Technology is driving a financial planning revolution

Technology is driving a financial planning revolution

'Don't underestimate what can be achieved in the next decade'

Ben Goss
clock 21 March 2024 • 4 min read
Second wave of AI investment calls for more diversification

Second wave of AI investment calls for more diversification

Investors urged to think outside the box and away from technology

Hope Coumbe
clock 20 March 2024 • 2 min read
True Potential CEO on building technology for the client

True Potential CEO on building technology for the client

‘We say to clients that this is going to be tech-led proposition’

Isabel Baxter
clock 19 March 2024 • 1 min read