Old Mutual Wealth will take a phased approach to its migration of clients from its existing platform to the new, FNZ-powered piece of technology.
The life company will also run a "soft launch" either at the end of this year or at the beginning of 2019. It said this will be on a limited basis in order to "verify system functionality" in a live environment and will be followed by the phased migration of its existing book from the proprietary technology to the new, FNZ-powered platform.
It added: "Maintaining high-quality delivery is of utmost importance to us and we are preparing detailed migration plans to ensure customers and advisers remain well supported throughout the transition period."
The company said it has run "thousands of tests" and is fixing any defects it found. According to its 2018 H1 results it is still set to spend £450m on the project after it spent £27m on re-platforming in the first half of 2018.
Aviva's re-platforming and Aegon's migration of Cofunds to its new platform both took place over the course of a single weekend and have resulted in a torrid time for advisers and clients using the platform.
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