SimplyBiz extends license agreement with Distribution Technology

Distribution Technology, the UK’s leading provider of financial planning and front office technology, is pleased to announce that IFA Service support provider, SimplyBiz has extended its licence agreement to cover a further 1,000 IFAs.

Dynamic Planner was selected as the investment and retirement planning solution for the SimplyBiz ‘Compliant Investment Process’ launched  in March 2010, to help advisers meet the full range of compliance requirements involved in giving investment advice.

Branded ‘Verbatim’, to indicate the SimplyBiz ethos of ‘telling it like it is’, advisers have increasingly benefitted from the comprehensive end-to-end service that centres around the attitude to risk, portfolio design and proven financial planning tools within Dynamic Planner.

Neil Stevens, Joint Managing Director at SimplyBiz, says “Our members are attracting and retaining more business, improving compliance standards and saving time using the ‘Compliant Investment Process’. We have been very pleased with the take-up of ‘Dynamic Planner’, as the number of members adopting the services has increased rapidly since launch. We are delighted to further extend the license agreement as part of our commitment to the firms we serve.”

Ben Goss, CEO of Distribution Technology, adds: “many advisory businesses are now seriously looking at how they can use front office technology to enhance their services and we expect other firms to follow the lead from SimplyBiz.”