Press Releases

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.

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.

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.

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, 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.

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.

A poll from leading financial services technology company Avelo suggests that the FSA guidance on adviser and consultancy charging remains unclear.

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.

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.

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.

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

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.

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.

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, 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 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.

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.

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, 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.

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.

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.

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.

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.

New research from leading financial services technology company Avelo has found that most advisers are still unsure how RDR will change the industry.

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.

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, 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

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.

Avelo, the UK’s leading provider of technology solutions to the financial services market, has appointed Simon Badley as Commercial Director.

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, the market leading portal has extended its income protection service to intermediaries with the addition of British Friendly’s Income Protection plan.

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

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 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, the UK's leading provider of technology solutions to the financial services market, is launching a one stop wealth management solution, Wealth Optimiser.

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.

Users of Avelo’s Adviser Office, the market leading back office system, will benefit from an upgraded bulk valuations feed from Ascentric.

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’s Fixed Term Retirement Plan is now available to intermediaries via the annuities service on Avelo Exchange, the market leading portal.

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).

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, 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, 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.

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’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.

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.

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, 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.

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, 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 – 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.

1st Exchange & N4 and Ideas Lab today announced the results of their specially commissioned RDR Readiness & Transition Support Survey.

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.

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.

1ST EXCHANGE RELEASES VERSION 8.1 OF ADVISER OFFICE WITH RECORD NUMBER OF ENHANCEMENTS 1st Exchange & N4, the market leading provider of technology solutions to the financial services market, has announced the release of version 8.1 of its back office software, Adviser Office, today. This is the third release of Adviser Office this year.

1ST EXCHANGE AND MORE 2 LIFE JOIN FORCES FOR AN EQUITY RELEASE ‘FIRST’ ON EXWEB PORTAL 1st Exchange & N4, the market leading provider of technology solutions to the financial services market, has announced a further enhancement to its Exweb (www.exchange.co.uk) equity release service for advisers, today, through a new partnership with specialist provider more 2 life.

1ST-THE EXCHANGE & N4 APPOINTS JOHN CUNNINGHAM AS NEW CHIEF OF TECHNOLOGY 1stThe Exchange & N4, the provider of technology solutions to the financial services market, has today announced the appointment of John Cunningham as Chief Technical Officer.