Intelligent Office has become the first adviser office IT system to be directly integrated with Axa’s Elevate wrap platform.
Software provider Intelliflo says cooperation between the two firms will continue as they seek to integrate systems further.
Elevate launched earlier this year with six consultative adviser partners being the first to have access to the platform, followed by a phased rollout during this year.
Under the link-up with Intelliflo, users of Elevat can see a mirror of the platform in their Intelligent Office. The mirror allows the user to monitor, carry out automatic valuations and receive electronic commission statements for automated reconciliation and reporting.
Axa Distribution Services managing director Paul McMahon says the phased approach to the launch of Elevate demonstrates the life insurer’s belief that wrap platforms must be built around advisers’ needs.
McMahon says: “Our consultative adviser partners have been instrumental in helping shape the development of the functionality of the platform. Simple to use, time-saving functionality is paramount, hence our decision to develop this joint initiative with IntelliFlo.”
Software developer Intelliflo was formed by chief executive Nick Eatock in 2004. It says it has made more than 1,100 enhancements to its software over the last year.
Eatock says the improvements help make it “swift, smooth and future-proof”.
He says: “We are delighted with the depth of integration shown between the two solutions. This level of integration truly shows how well platforms and front to back-office systems can work together if both providers are intent on providing a best of breed approach.
“More traditional, disconnected solutions start to look impractical by comparison.”