final ctg best of breed presentation
TRANSCRIPT
© Copyright Intelliflo Ltd.
Best of breed partnerships
Wenda Field
June 2015
Delivering the power of web-based technology
Our product philosophy
• UK Market leading software for over 10 years• Integration to market-leading partners• Research technology partners our clients want to work with to create a
“Best of Breed” platform• Integrations to deliver business benefits to our clients - we and our
partners work hard to ensure this is achieved• Product roadmap published 6 months in advance
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Driving enhanced productivity
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Creating effective financial plans
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Wealthlink – efficient new business acquisition
• Over 46 e-valuation services today, continuing to grow in line with quarterly releases
• Over 30 e-income reconciliation partners
• 4 WealthLink partners today, with others in progress
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Wealthlink Partners
Two way integration
Income reconciliation
Valuations : Bulk & Real Time
New business submission
SIPP Illustrations
July 2015
● Financial Planning:– Protection flow– Advisa Centa protection planner– Mortgage recommendations
● Employee Benefits– Significant enhancements to scheme
management– Corporate dashboard
● Personal Finance Portal phase 2:- Account aggregation (Yodlee)- Campaigning using secure messaging- Enhanced fact finding capability- Goal capture
October 2015
● Financial Planning:– Advisa Centa Pension freedoms planner
integration
● Mortgage– MortgageBrain Anywhere integration
● Microsoft workflow:- Enhancement to the current capability
● Valuations– Addition of Alliance Trust, Aegon Income,
Premium and James Brearly bulk valuations
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Product Roadmap
Summary
• “Best of Breed” philosophy providing freedom of choice
• Partner selection through our clients via Community portal, various user groups and feedback
• Creation of integrated capability that adds real measurable value to clients
• Invest over 75% of our delivery capability in the Product Roadmap today
• Continue to identify capability gaps in the UK advice model to remove those gaps
• Sophisticated and experienced consultancy and on-boarding services
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VERONA SMITH
DELIVERING GOOD CONSUMER OUTCOMES
LEVELS OF INTEGRATION
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ACHIEVING INTEGRATION
Do you need to spend a £1bn to achieve integration?
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WHAT DO WE MEAN BY INTEGRATION?
Vertical integration:
“the combination in one firm of two or more stages of production normally
operated by separate firms”
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WHAT DO WE MEAN BY INTEGRATION?
Vertical integration:
“a strategy used by a company to gain control over its suppliers or distributors in order to increase the firms power in the
marketplace, reduce transaction costs and secure supplies or distribution channels”
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WHAT DO WE MEAN BY INTEGRATION?
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WHAT DO WE MEAN BY INTEGRATION?
Integration:
• Reduce costs• Increase efficiency
• Improved customer outcomes
7IM AAP ONGOING CHARGE FIGURES
Source: 2008-2010 Lipper UK Fund of Funds ‘Inclusive’ Total Expense Ratio Analysis reports.2011, 2012, 2013 & 2014 ongoing charge Figures from Capita fund accounts data.n.b. LIPPER AND CAPITA ARE BOTH industry standards BUT HAVE DIFFERENT METHODOLOGIES
7IM AAP OCF ACTION AND EFFECT
Source: 2008-2010 Lipper UK Fund of Funds ‘Inclusive’ Total Expense Ratio Analysis reports.2011, 2012, 2013 & 2014 ongoing charge Figures from Capita fund accounts data.n.b. LIPPER AND CAPITA ARE BOTH industry standards BUT HAVE DIFFERENT METHODOLOGIES
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PLATFORMS = INTEGRATION
Open architecture
Model portfolios
Discretionary management
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INTEGRATOR OR INFUENCER?
Who ‘owns’ the integrated elements?
When does the integrator become the influencer?
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PLATFORM = INVESTMENT GATEWAY
7IM Platform
7IM Funds
7IM Models
7IM DFM
7IM Platform
Open arch
Advised built models
Range of DFMs
Financial planning software/back office
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THE RESULT: 7IMAGINE
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SUMMARY
Integration can be a door opener
The benefits of integration for advisers can be achieved via the use of platforms
Integration does not require all elements to be delivered by a single provider
Integration can deliver good consumer outcomes
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WWW.7IM.CO.UK
THANKYOU