Monday, 28 April 2008
Fundsdirect today announces that Sterling Investment Bond valuations are now available on the Ascentric wrap platform.
Intermediaries using the Ascentric platform will now be able to view all their clients' investments held with Ascentric product partners on just one screen for the first time.
Hugo Thorman, Executive Managing Director of Ascentric said, "I am delighted with this development which completes our full integration with the Sterling Bond. The introduction of Sterling Bond valuations follow the launch of the quote and apply facility in February, allowing intermediaries to request Sterling Bond quotes and submit new Bond applications online through the Ascentric platform. This latest development reflects our intention to provide a true whole of market wrap service for advisers."
Chris Gillies, Managing Director of Zurich Intermediary Group commented, "Zurich supports independent platforms, enabling advisers and their clients to select the solution that best fits their needs. This latest development means that intermediaries can purchase and view the Sterling Bond through the Ascentric platform alongside their clients' other investments, making it easier to access our award winning, triple e rated Investment Bond."
--ENDS--
Ascentric
Hugo Thorman
Executive Managing Director
E-mail: hugo.thorman@ascentric.co.uk
Tel: 0207 553 9158
Mobile: 07710 877 998
Zurich
Sara Lister
Senior Media Relations Consultant
Tel: 01793 503810
Mobile: 07785 885161
About Ascentric
Ascentric is Fundsdirect's whole of market wrap service, available exclusively to IFAs, offering a fully integrated online viewing and dealing resource.
Ascentric enables IFAs to transfer their clients' assets onto a single platform providing them with the facilities to manage each client's financial needs in just one place. This is obviously a considerable enhancement to the existing, time-consuming practice of IFAs introducing their clients to a number of different product providers. The Ascentric platform enables IFAs to consolidate their clients' assets and to switch products and funds easily, thus achieving significantly improved investment returns.
Fundsdirect Ltd was founded in 1982, and launched the UK's first online fund supermarket in December 1999. Since that time, they have built a reputation as a leading UK fund supermarket with the aim of offering every investor the opportunity to purchase funds at discounted costs, whilst simplifying the relationship between clients, IFA's and Product Providers, by developing the Ascentric 'wrap'.
For further information about Ascentric and Fundsdirect, please visit www.ascentric.co.uk
About Zurich
Zurich Financial Services Group (Zurich) is an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia Pacific, Latin America and other markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employs approximately 58,000 people serving customers in more than 170 countries.
For more information about Zurich, please visit www.zurich.co.uk