Ascentric integrates with True Potential
4 August 2010
Independent wrap Ascentric announces the integration of its platform with adviser support services provider True Potential.
The integration provides True Potential users with a daily valuation feed of their Ascentric Wrap client holdings available on the platform. The link up means that True Potential users now have access to up-to-date portfolio valuation information alongside their existing client data when they log in to their back office system.
Richard Goodall, Sales and Marketing Director at Ascentric commented, “This is a great example of how two technologies can combine to provide advisers with a holistic view of their clients. We have a large number of advisers that use True Potential and I am delighted to announce this integration as it will significantly enhance the user experience for both systems.”
Mark Henderson, Senior Partner at True Potential, said, “I am delighted to confirm this link is in place. Our users are now able to instantly see a complete view of their client assets, new and old generation, via their computers and on the move via iPhone and other mobile devices and this link with Ascentric further bolsters the options available to our users and their clients.”
ENDS
For further information, please contact:
Ascentric
Dominic Ventham, Head of Marketing
Tel: 01225 787208, Mobile 07590 227039
Email: dominic.ventham@ascentric.co.uk
Issued by Concise Public Relations
Tel 0207 100 3960
Martin Wood
Mobile: 07946 527240, Email: martin@concisepr.com
Liam Jenkins
Mobile 07984 439968, Email: liam@concisepr.com
Notes to Editors
Ascentric and Fundsdirect are the trading names of Investment Funds Direct Limited.
Investment Funds Direct Limited was founded in 1982, and Fundsdirect launched as the UK’s first online fund supermarket in December 1999. Since that time, the company has built on their reputation as a leading UK fund supermarket to provide Independent Financial Advisers (IFAs) with a Wrap service under the brand name of Ascentric.
Ascentric is a whole of market Wrap service, available exclusively to IFAs and offers a fully integrated online investment management and dealing platform. It also enables IFAs to transfer their clients’ assets onto a single platform to provide them with the ability to manage their 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.
In October 2007, a majority holding of Investment Funds Direct Group Limited was acquired by Royal London Group.
For further information about Ascentric and Fundsdirect, please visit either www.ascentric.co.uk or www.fundsdirect.co.uk
Royal London Group is a specialist financial service provider. Its businesses focus on those sectors of the market which value quality propositions, operating through a number of brands:
• Scottish Life – UK pensions market
• Bright Grey – UK protection market
• Scottish Provident – UK protection market
• Royal London 360° – offshore investment markets
• RLAM – fund management
• RLAS – life and pensions administration
• Fundsdirect / Ascentric – funds supermarket; Wrap platform
Royal London also distributes life and pensions products through Santander’s UK branch networks.
Royal London is the largest mutual life and pensions company in the UK with Group funds under management of £39.1 billion. Group businesses serve around 3.4 million customers and employ 2,890 people. Figures quoted are as at 30 June 2010.