Fintel PLC Fintel announces major distribution partnership
2021年12月2日 - 4:00PM
RNSニュース (英語)
TIDMFNTL
Fintel PLC
02 December 2021
2 December 2021
Fintel plc
("Fintel", the "Company" or the "Business")
Fintel announces major distribution partnership with Aviva and
Aviva Investors
Fintel (AIM: FNTL), the UK's leading fintech and support
services business, today announces a major distribution partnership
spanning Aviva and Aviva Investors in a multi-year agreement for
its new Distribution as a service (Daas) solution.
The solution, launched earlier this year, is a
subscription-based service that includes research, data, product
design and targeted distribution, enabling product providers to
develop and distribute highly targeted propositions, whilst also
increasing the effectiveness of their distribution through targeted
data sets.
As part of the collaboration, Aviva Investors will launch a new
sustainable retirement solution, answering the regulatory call for
downside protection in retirement. The solution has been developed
in partnership with Fintel, optimally aligning product design to
Defaqto's income drawdown tool and ESG specifications.
Fintel's SimplyBiz members firms will also benefit from the
multi-year partnership with enhanced product inventory and
streamlined access to information and resources from across Aviva
and Aviva Investors, whilst consumers will receive better targeted
products that meet their evolving needs.
Aviva Investors has also licensed Fintel's strategic asset
allocation model for both the new retirement fund and existing
model portfolio solutions, further aligning the long-term revenue
and growth of the businesses.
Matt Timmins, Joint CEO of Fintel, commented:
"I'm delighted that Aviva has chosen to strengthen our
relationship by joining our managed distribution service. As a
market connector, Fintel brings together product providers,
intermediaries and consumers to inspire better outcomes for all,
and this partnership is testament to what can be achieved through
industry collaboration. I look forward to seeing the immense
benefits this presents to all involved."
Brian Gabriel, Director of Distribution at Aviva, added:
"Aviva is hugely committed to supporting the UK's intermediary
market and we're delighted to partner with Fintel. Our relationship
with the Group is valued and long-standing. This agreement allows
us to build, support and deliver our savings and retirement
ambitions in conjunction with Fintel, its member firms and their
customers."
Apiramy Jeyarajah, Head of UK Wholesale at Aviva Investors,
commented:
"We are delighted to partner with Fintel through a new managed
distribution agreement, announced today. This agreement represents
a partnership based on deep understanding of the SimplyBiz
membership and their clients' needs, based on Fintel's insightful
data and leading technology-based approach. For Aviva Investors,
this agreement will bring our Multi Asset and ESG capability to an
even wider audience."
-ENDS-
For further information please contact:
Fintel plc via Instinctif Partners
Matt Timmins (Joint Chief Executive Officer)
Neil Stevens (Joint Chief Executive Officer)
Instinctif Partners (Financial PR) +44 (0) 20 7457 2020
Mark Walter fintel@instinctif.com
George Peele
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