Chris McGraw joins Avelo as Director of Strategic Relationships
Avelo, the UK's leading provider of technology solutions to the financial services market, has appointed Chris McGraw as Director of Strategic Relationships, Banks & Building Societies. In his new role at Avelo, Chris will be responsible for managing relationships with new and existing key enterprise clients, with particular focus on banks and building societies.
Small Pension pot transfers well overdue, finds Avelo poll
New adviser research from leading financial services technology solutions provider Avelo shows that the Department for Work and Pensions’ (DWP) decision to introduce automatic transfers for small pension pots is considered a positive step for the industry.
South West Based Advisers The Most Prepared For RDR, Reveals Avelo's RDR Readiness Roadshow
New research from leading financial services technology solutions provider Avelo suggests advisers in the South West are the most prepared in the UK for the introduction of the Retail Distribution Review (RDR) at the end of this year.
Lending Criteria Key To Unlocking Mortgage Market, Say Brokers
Lenders need to introduce more accommodating lending criteria in order to stimulate transactions in the UK housing market, according to a survey of Avelo’s Exchange Portal users.
Avelo to Provide End-to-End Distribution Solution for First Complete
Avelo, the UK’s leading provider of technology solutions to the financial services industry, has been selected by leading mortgage and insurance network, First Complete to provide its new end-to-end distribution solution.
Avelo Exchange Users Seriously Concerned With Impact Of The Gender Directive
A poll from leading financial services technology company Avelo suggests that the EU Directive on gender to be introduced later this year is causing significant financial planning concerns for financial advisers.
Adviser Charging Procedures Lack Clarity, Finds Avelo Poll
A poll from leading financial services technology company Avelo suggests that the FSA guidance on adviser and consultancy charging remains unclear.
Avelo makes strategic acquisition of leading mortgage solutions provider, TrigoldCrystal
Avelo, the UK’s leading provider of technology solutions to the Financial Services industry, has acquired TrigoldCrystal, the UK’s leading provider of technology solutions to mortgage distributors.
Avelo launches Ready4RDR.com
With the Retail Distribution Review (RDR) deadline just under eight months away, Avelo, the UK's leading financial services technology company, has launched www.ready4rdr.com to help financial advisers in the final stages of their preparation.
Avelo adds to integrations with its market leading Advisor Office
In the run up to RDR, reducing costs and enabling greater focus on clients are of primary importance for IFAs. Key to this is reducing the time spent on non revenue generating activities such as handling commissions, valuations and transaction histories. Technology and most importantly, straight through processing (STP), facilitates this by removing the need for data re-keying, calls, e-mails and post.
British Friendly Short Term IP now on Avelo Exchange Portal
IFAs can now compare, quote, and apply for British Friendly’s short-term income protection (IP) product through the Avelo Exchange Portal.
Advisers See New Business Potential In Mobile Solutions
Advisers See New Business Potential In Mobile Solutions
Avelo Launches Avelo Aware For iPhone
Avelo, the UK's leading provider of technology solutions to the financial services market, has launched the Avelo Aware for iPhone, enabling its customers to stay up to date with the latest news from Avelo and the financial services industry.
Avelo Poll Finds Advisers Remain Bullish On Buy-To-Let
A survey of Avelo Exchange Portal users in February 2012 has found that advisers remain upbeat on Buy-to-Let (BTL) mortgages, with half (51%) of those surveyed considering it a consistently viable investment opportunity.
What's Restricted About Restricted Advice?
A white paper from Avelo, the UK's leading financial services technology company, examining the issue of which regulatory status to adopt post RDR, finds that the majority of advisers intend to retain independent status. However, for consumers, the cost associated with it could prove too much of a barrier.
Avelo Board Change
Avelo, the UK’s leading provider of technology solutions to the financial services market, has confirmed that Ivan Martin has decided to step down from his position as a non-executive director.
Avelo Introduces New PMI Service On Its Exchange Portal
Avelo has extended its market leading Exchange portal, with the launch of a new Private Medical Insurance comparison service in an exclusive partnership with ActiveQuote, the health insurance comparison experts.
Avelo Exchange Users Fear The End Of Stamp Duty Holiday
Advisers fear the end of the stamp duty holiday in March 2012 could have a negative impact on the housing market, according to a survey of Avelo’s Exchange Portal users.
Avelo Adds To Integrations With Its Market Leading Adviser Office
In the run up to RDR, reducing costs and enabling greater focus on clients are of primary importance for IFAs. Key to this is reducing the time spent on admin activities such as handling commissions, valuations and transaction histories – straight through processing (STP) facilitates this by removing the need for data re-keying, admin calls, e-mails and post.
Avelo Enhances Its Client Portal Offer With Launch Of Version 2.0
Avelo, the UK's leading provider of technology solutions to the financial services market, is launching an updated version of its online Client Portal featuring significantly enhanced functionality and mobile access.
Advisers Welcome Simplified Products, Finds Avelo Poll
A recent poll from leading financial services technology company Avelo suggests the industry has given the Treasury’s steering group on simplified products a tentative ‘thumbs up’, but with a warning over their application.
AVELO GRADUATES VOLUNTEER FOR A GOOD CAUSE
The rising stars of financial services have taken time out from their busy training schedule at technology company Avelo to lend much needed support to a local conservation project.
Avelo Exchange Users See Pensions As The Area In Which They Will Offer Advice Most In 2012
A survey of Avelo’s Exchange portal users has found that pensions and retirement planning are the two areas in which they expect to offer the most advice in 2012 with two in five (39%) of those surveyed anticipating demand for retirement advice to take precedence, compared to 34% of those surveyed majoring on pensions for 2011.
Technology Holds The Key To Successfully Delivering On MMR
At last, the final FSA Mortgage Market Review (MMR) consultation paper Proposed Reforms (including niche markets) has arrived and the industry has three months to respond. Since 2009, together with the original key four consultation papers, the industry will have had to digest, analyse and respond to over 1,000 pages, not counting trade body commentary and detailed costs benefit analyses.
Extent Of RDR Challenge Still Uncertain For Advisers, Avelo's Autumn Tour Reveals
New research from leading financial services technology company Avelo has found that most advisers are still unsure how RDR will change the industry.
Avelo Technology Awarded Top Industry Accolades
Avelo, the UK's leading provider of technology solutions to the financial services market, has recently received a number of awards for its market-leading technology with Avelo Exchange portal and Avelo Mortgage Sourcing & Originations (MSO) both winning top industry accolades.
Avelo Exchange Users Fear VAT Hike Ahead Of Autumn Statement
A survey of Avelo’s Exchange portal users shows that avoiding any further VAT hike is their key priority ahead of the Chancellor’s Autumn Statement next week.
Avelo Mortgage Sales And Originations Technology Awarded Top Industry Accolade
Avelo, the UK's leading provider of technology solutions to the financial services market, has received industry recognition for its Mortgage Sales and Origination (MSO) technology
Is Financial Services Ready For The Socialised Consumer?
A new white paper from Avelo, the UK's leading provider of technology solutions to the financial services industry, claims that the FS industry must embrace mobile and social tools in order to engage fully with customers and maximise future opportunity.
Simon Badley Joins Avelo As Commercial Director
Avelo, the UK’s leading provider of technology solutions to the financial services market, has appointed Simon Badley as Commercial Director.
Avelo Mortgage Sales And Originations Platform Awarded Top Industry Standard
Avelo, the UK's leading provider of technology solutions to the financial services market, has been awarded a top 5* accreditation in the 2011 annual benchmark study conducted by Frank Eve Consulting.
Avelo Exchange Portal Adds British Friendly's Income Protection Plan
Avelo Exchange, the market leading portal has extended its income protection service to intermediaries with the addition of British Friendly’s Income Protection plan.
Advisers Welcome The Return Of The 100% LTV Mortgage
A survey of Avelo’s Exchange portal users suggests advisers welcome the recent return of the 100% LTV mortgage, with two-thirds of advisers (66%) stating that it was good news for the mortgage industry – three-quarters of those adding that this was providing the correct professional advice is given
Advisers Highlight Need For Change In Retirement Planning In Light Of Default Retirement Age Removal
A recent survey of Avelo’s Exchange portal users has found that following the removal of the Default Retirement Age (DRA), an encouraging proportion (46%) have adjusted their clients’ projected retirement age in their financial planning.
The Ability To Adapt Is Key To Adviser Survival Post RDR
The Retail Distribution Review (RDR) provides an key window of opportunity for advisers to put their businesses on a sound footing and move to ensure their offer meets the needs of today’s empowered consumer Anthony Hilton announced earlier this week at Avelo Live in Birmingham.
Avelo Launches ‘Wealth Optimiser’ Tool
Avelo, the UK's leading provider of technology solutions to the financial services market, is launching a one stop wealth management solution, Wealth Optimiser.
Avelo to Showcase New Services and Technology at Avelo Live 2011
Avelo, the UK's leading provider of technology solutions to the financial services market, is to host its annual conference, Avelo Live, on Wednesday 21st September at the National Motorcycle Museum in Birmingham.
Avelo introduces updated Ascentric bulk valuation feed into adviser office
Users of Avelo’s Adviser Office, the market leading back office system, will benefit from an upgraded bulk valuations feed from Ascentric.
Avelo Exchange Sees Increased Demand For Equity Release
Avelo Exchange, the market leading portal, has seen searches for equity release quotes rise by more than a third over the past 12 months. Analysis of traffic to Avelo Exchange recorded an increase of 34% of adviser searches for equity release products in August 2011 compared to the same time last year.
Aviva Fixed Term Retirement Plan Launches On Avelo Exchange
Aviva’s Fixed Term Retirement Plan is now available to intermediaries via the annuities service on Avelo Exchange, the market leading portal.
Avelo Launches Graduate Search For The Next Generation Of FS Tech Stars
Avelo, the UK's leading provider of technology solutions to the financial services market, has announced the launch of the 2011 Avelo Graduate Programme today (26th August).
Avelo Exchange Users Forecast Re-Mortgage Business Growth
A recent survey of Avelo’s Exchange portal users suggests advisers are growing increasingly confident of their re-mortgage business pipeline, with just over half of advisers (52%) expecting business levels to increase in the next 12 months.
Avelo Exchange First Portal To Offer Engage Mutual Life Plan To Intermediaries
Avelo Exchange, the market leading portal, has become the first to offer an enhanced version of Engage Mutual’s Guaranteed 50 Plus Life Cover for the intermediary market. This new offering launches Avelo Exchange’s extended Whole of Life Service catering for Guaranteed Over 50’s products.
Avelo Launches Client Portal Solution To Aid Advisers And Their Clients Ahead Of RDR
Avelo, the UK's leading provider of technology solutions to the financial services market, is launching an online portal, Client Portal, enabling IFAs to share data with their clients.
Advisers Have Some Work To Do Ahead of RDR
A recent survey of Avelo’s Exchange portal users has found that a significant number of advisers are not yet ready to accommodate all the changes required ahead of RDR. The delay proposed by the Treasury Select Committee may therefore come as a welcome reprieve.
Avelo spends the weekend roughing it to raise over £3000 for Habitat for Humanity
Avelo’s senior management team has successfully completed the 2011 Hope Challenge*, building shelters from re-cycled materials, braving the elements and hiking in the hills of Hope Valley along the way.
Eight in 10 Advisers Admit to Concerns Around Cost Implications of CP11/8
An overwhelming majority of eight in 10 (81%) advisers have concerns around the potential cost implications of complying with the FSA Consultation paper CP11/8 on Data collection, a recent Avelo Exchange study has found.
Nearly Three Quarters of Advisers Plan to Remain Whole of Market
When asked the most likely business model that they would follow post RDR, an overwhelming 73% of those surveyed said they intend to remain as whole of market IFAs, while less than 1% admitted they would be looking to exit the industry following RDR.
Avelo appoints James Thomson as Chief Technology Officer
Avelo, the UK’s leading provider of technology solutions to the financial services market, has announced the appointment of James Thomson as its new Chief Technology Officer.
Informed Choice selects Avelo's Adviser Office to improve business efficiency
Avelo, the UK’s leading provider of technology solutions to the financial services market, today announced that Informed Choice, the winner of Best IFA Firm at the Unbiased.co.uk Media IFA of the Year Awards 2011, has selected Adviser Office to help streamline its client reporting processes.
Avelo launches market leading integration service between E-Tracking and Adviser Office
Avelo, the new name for 1st Exchange, N4 and Screen Business, and the leading provider of technology solutions to the financial services market, has integrated its Exchange portal based E-Tracking service and its back office solution, Adviser Office - a first for an independent portal and back office system.
Three software leaders combine to form Avelo
THREE SOFTWARE LEADERS COMBINE TO FORM AVELO – THE NEW TECHNOLOGY FORCE IN FINANCIAL SERVICES DISTRIBUTION
From April 4th 2011, leading financial technology providers, 1st Exchange, N4 and latest acquisition Screen Business, will rebrand as Avelo. Creating a dominant force in end-to-end technology enabled distribution solutions for intermediaries, lenders and providers, Avelo has the power to connect the industry in readiness for RDR, MMR and beyond.
SYSTEM CHANGES TOP LIST OF CHALLENGES AROUND RDR IMPLEMENTATION
1st Exchange & N4 and Ideas Lab today announced the results of their specially commissioned RDR Readiness & Transition Support Survey.
Feb-11 1st-The Exchange and N4 Acquires Screen Business
1ST EXCHANGE & N4 ACQUIRES SCREEN BUSINESS, EXPANDING ITS ABILITY TO CONNECT THE INDUSTRY AND ACCELERATE WEB SERVICES DELIVERY
1st Exchange & N4, the market leading provider of technology solutions to the financial services market, today announced its acquisition of Screen Business, a leading developer of websites and internet applications for IFAs and Providers.
Jan-11 1st-The Exchange and N4 Integrates Aviva's Wrap Platform with Adviser Office
1ST EXCHANGE & N4 INTEGRATES AVIVA’S WRAP PLATFORM WITH ADVISER OFFICE
1st Exchange & N4 announced today that Aviva‟s Wrap platform is now integrated with Adviser Office (AO), its market leading back office software solution.