Quay Software founder sets up new IFA tech firm

Former Quay Software Solutions director Roland Rawicz-Szczerbo has set up a new company which is building an alternative software system for IFAs, this week’s Money Marketing reveals.

Rawicz-Szczerbo established Quay with Mitchell Philpott in 1995 and the firm was bought by Capita in 2005. He left Capita in May this year to set up his new company, Time 4 Advice.

Time 4 Advice will look to offer its own core products and will also offer outsourced services through working with third parties.

Rawicz-Szczerbo says: “The big problem with IFAs’ systems currently is they are populated with a lot of data which is, frankly, not accurate and not relevant.

“We will look at data creation and how to manage that data effectively. There will also be a couple of other components like outsourcing valuation services but that is further down the line.”

Partner firms already working with Time 4 Advice include software developer Voyant and Technical Connection. The system is expected to launch in October.

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