Financial services IT provider Focus Solutions has signed up Scottish Equitable, Skandia UK Group and Standard Life to its electronic product development service.
Focus has set up pension and term electronic applications for Standard Life for deployment across the IFA portals and is currently working with Skandia on a portal project. Scottish Equitable is also working with Focus to enhance its electronic applications for protection, pensions and bond products.
Focus Solutions director of market propositions Nigel Smith says: “The Focus 3D service accelerates the speed to market for insurers' new electronic products and enables them to concentrate their own resources on core IT projects. Once built, insurers can reuse their electronic products across multiple distribution channels to extend the initial return on investment.”