View more on these topics

1St Exchange buys website builder Screen Business

Technology provider 1st Exchange & N4 has acquired Screen Business, which supplies websites and internet applications for IFAs and providers.

Screen Business managing director James Whelan and technical director Andrew Byham will both join 1st Exchange & N4 and will report to intermediary director Andy Watts and chief technology officer John Cunningham. All eight Screen Business staff will also transfer.

1st Exchange & N4 managing director Chris Noblet says: “Our acquisition of Screen Business delivers a stronger, combined offering, that helps the distribution of financial services. It will be business as usual for all clients, partners and suppliers but with greater potential for improved communications, flexibility, service, and future development.”

Whelan says: “The combination of knowledge, skills and experience can only strengthen and drive us forward in terms of market leadership.”

In June last year, 1st Exchange bought N4 Solutions, which provides distribution and origination software for the financial services industry.

In August 2009, Lloyds TSB Development Capital bought a majority stake in 1st Exchange in a £115m deal.

Recommended

Marriage counselling

Tax implications and prenuptial agreements may need to be considered before entering into marriage

James Hay adding online Sipp duo

James Hay & The IPS Partnership is launching two new Sipp products on February 14. The Sipp provider, which will also change its name to The James Hay Partnership, says it is unveiling the James Hay Partnership Sipp and the iSipp in response to market demand. The James Hay Partnership Sipp will be a full […]

Global cause

While many managers talk of rising shareholder distributions in the US, Europe or even in China, they are not the only sources of growing dividends. In fact, some of the high- yielding countries are rarely mentioned, namely places such as Australia, Canada and Brazil. The highest country allocations in the £811m M&G global dividend fund, […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment