Centra

23 Jan 2018

SimplyBiz has launched an end-to-end financial planning system which will bring its existing tools into one integrated service.

Centra is free for SimplyBiz members and offers financial planning tools, product research, suitability reports and a centralised investment process.

                                

Centra has been in development for more than a year following demand for this development from SimplyBiz members.

Dan Russell, the managing director of SimplyBiz Investment Services, said: "The most important aspect of Centra for us is that it was designed and created based on the feedback of advisers.

"Our members told us they wanted greater efficiency in the advice process, a seamless link from financial planning to research and suitability reports, greater support in making suitable investment recommendations and support to deliver a better customer experience.

"Centra delivers on every one of those requirements."

                                

Mr Russell said that while Centra is a single system available through one log-in, SimplyBiz members will still be able to access each of its components separately if they do not wish to use it.

He said advisers will also be able to use SimplyBiz's central investment proposition or plug their own into it if they wish. SimplyBiz will help advice firms design and introduce their own CIP if they wish.

SimplyBiz created the service with Defaqto and Intelliflo, with some of Centra's component parts developed by Oxford Risk, Finametrica, Morningstar and Moody's.

Centra will be rolled out to Members of SimplyBiz in the first quarter of 2018 and the demonstrations and workshops will run at upcoming events, with additional support from an on-boarding team.


Testimonials

"I would like to congratulate the entire compliance team on the excellent service you have provided us. I have had cause to call your help desk many times during the last 2 weeks to help with our Compliance plan and stationary approval and on each occasion your staff have been very efficient."

Paul Chakravarti
Ilford

Read More

Latest News

"How turning a blind eye got us to where we are now"

July 18, 2018

It was not many years ago when it became virtually impossible for anyone to obtain PI cover at a reasonable premium. Such was the crisis that the then regulator, the FSA, turned a blind eye to the fact that over a thousand firms were trading without PI insurance.

Read more >

How to help clients create a lasting power of attorney - CPD article

July 16, 2018

Buzz Aldrin’s recent decision to sue his family for mismanagement of his finances has, quite rightly, reminded advisers across the pond that those appointed to make decisions on a client’s behalf need to be selected with the utmost care.

Read more >

Global markets are set up for stock pickers, say industry heavyweights at SimplyBiz Group Advice Show

July 10, 2018

Geopolitical changes are creating the ideal investment environment for stock pickers, according to industry experts speaking at the most recent Advice Show.

Read more >

"Hello, have you been mis-sold an accident claim?"

July 05, 2018

I am sure you will have been delighted to note that, at long last, the Financial Conduct Authority (FCA) is going to formally regulate the ambulance chasers.

Read more >