View more on these topics

2008 For Selestia open platform

Selestia/Skandia will launch a complete open architecture platform in early 2008 to complement its integrated wrap.

Selestia head of investment marketing Graham Bentley says the wealth management platform will sit alongside its integrated wrap and allow hedge funds, investment trusts and other securities to be held.

The pricing structure is likely to follow a Transact-style approach, with the adviser or end-client paying a fee to use it.

The integrated wrap launches next summer, combining Selestia and Skandia MultiFunds.

Bentley says: “We will be launching a complete open architecture wrap by the beginning of 2008. I would expect people to graduate first to platforms, then to full wrap as they want to offer securities not available elsewhere. Traditional platforms will not disappear but there will be a significant move towards open architecture.”

Financial Technology Research Centre director Ian McKenna says: “They are right to prioritise other areas, such as integration, but the bigger players are increasingly going to look at this opportunity.”



Will the monetary policy committee’s latest interest rate rise hurt your clients? Yes “It will be a problem for my clients but for others it will be drastic if they are on adverse deals, which we don’t do.”Michael Brayne, Brayne & Co No “I don’t think it will make too much difference in terms of […]

Housing elite

Homeownershiop is in danger of becoming the preserve of the middle class

Defaqto unfazed by Capita ownership of Synaptic

Defaqto has responded positively to the news that Capita has bought Synaptic Systems despite industry concerns that this puts Synaptic in a financially and strategically stronger position regarding the IFA market. Defaqto says with over 1,000 IFAs signed up to use Aequos Engage it is unconcerned, saying it welcomes the competition.Marketing director Kate Marsden says […]

Qatar cover image - thumbnail

White paper — Qatar International Insights

Jelf Employee Benefits highlights new legislation, key requirements and policy considerations when structuring international private medical insurance (IPMI) for expatriate employees in Qatar. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Qatar.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm