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Value for money
Based on 4 reviews
The open architecture used in the Ascentric platform provides flexibility to fit the users business. Over 3800 funds are available with 45 third party tax wrappers. Over 65 DFM’s are supported along with a broad range of tools and services. The platform offers live intra-day access to over 600 Exchange Traded Instruments.
We think Ascentric - part of Royal London since 2014 - has the potential to capture share but has ben quiet for some time. The platform has gone through a massive technology upgrade from proprietary software to Bravura Sonata. As a result they've not been front and centre in the market. The platform was a favourite among advisers that wanted a sophisticated investment proposition. Some of the bells and whistles were lost in the technology upgrade but the core platform is more stable and sets up the business for future growth. We think Ascentric will come out as a strong player for clients in retirement. Royal London has one of the most popular off-platform pension solutions recommended for advisers. As Ascentric becomes more integrated into the parent company, the opportunity is to offer an integrated solution to advised customers. Time will tell if they get their ducks in a row.
Wholly owned by Royal London, since 2014
Bravura Solutions (core platform technology)
No integrations available for Cash Management
Best Practice / Creative Technology
Adviser Office (IRESS)
Intelligent Office (Intelliflo)
Plum Software (Praemium)
No integrations available for Suitability Profiling
Integrates One Way
Integrates Both Ways