Fundsdirect appoints Investia technology provider

Investia's appointment follows on from collaborative development work between the two companies over the course of the past year. The Fundsdirect Adviser Platform is a multi-product transactional and reporting platform serving retail financial advisers that will provide the most comprehensive wrap account and financial trading platform for UK Intermediaries and Financial Institutions.

Investia's CEO Mark Collier said, "We are very proud to have been appointed by Fundsdirect and for our technology to be extended into the UK IFA market. In our strategic partnership with Fundsdirect we will be providing the latest state of the art trading, settlement and clearing capabilities to the IFA marketplace in the UK as part of Fundsdirect's single platform offering to the industry."

In addition to software, Investia is also providing relevant technical consulting, project management, support and maintenance services.

Sean Ewing, Chief Executive of Fundsdirect, said, "This new version of Investia's Javelin Product has significant attributes in fulfilling fund trading requirements. Through the Adviser Platform we aim to deliver the most efficient processes across multiple product sets to facilitate the needs of Advisers and their clients."