Investment distribution specialist Finscape today announced Ascentric, part of M&G PLC, as the latest (12th) addition to the line-up of platforms supplying distribution data to its recently launched investment distribution intelligence service. Ascentric has been a participant in the design of Finscape, but the agreement to supply data was delayed by the sale of the platform to M&G in 2020.
Finscape MD, Bella Caridade-Ferreira, commented “It’s great to finally be able to announce Ascentric as a Finscape partner, as they were actively involved in shaping the platform side of our solution. I am really looking forward to being able to supply them with the live version of the system so they can see how far we have come. I am confident that Finscape will give M&G the market insight they need to deliver on some ambitious plans for Ascentric.”
CEO of Ascentric, Richard Denning, added “I know the Finscape team very well and am confident that the service they have created will be market-leading. Combining Fundscape’s investment expertise with the software engineering pedigree of Altus always had great potential and, from what I have seen of the solution, they appear to have delivered in style. The cloud-based design promises to deliver actionable market insight at a speed which can give us a real edge in a competitive market.”
Notes to publishers
Finscape is a joint venture between leading fund research house, Fundscape, and financial services systems supplier Altus. Altus software manages the majority of asset transfers between UK platforms and has been ISO 27001 accredited since 2017. For more details about our distribution intelligence service, please visit finscape.co.uk
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