Intrinsic picks its platform provider

Intrinsic Financial Services has chosen Investment Funds Direct Limited, the provider behind Ascentric, to power the network’s own platform.

The network is to create a bespoke platform for its advisers and the partnership with IFDL will see Intrinsic using open architecture technology for the first time. A pilot will be carried out during this year followed by a full rollout at the beginning of 2011.

Intrinsic group marketing director George Higginson says: “We are very pleased to be working with IFDL. Their technology will allow us to develop our own tailored solution that can provide a single standard across the multiple services we offer. IFDL’s ability to provide a consistent administrative and client process will allow us to deliver a high quality, platform enabled advisory service well into the future.”

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