Software vendor Intelligent Environments Group (iE) has scooped a second management information systems contract with Colonial First State Investments.
The fund manager is planning to expand its UK retail operations in partnership with the independent financial adviser (IFA) community, while growing its presence in the private client wealth management marketplace.
As part of its expansion strategy, Colinal has contracted iE to develop and install a systems integration/management information platform.
The implementation of the system is anticipated to take three months from April 2001.
The deal follows an earlier agreement in December 2000 for iE to assist Colonial First State in the development of online transaction and account information services for IFAs and their clients.