deal since being acquired by Wealth Management Software PLC (WMS) on May 11.
The Ashton based IFA has agreed a rental contract to take a licence of the Fairs "IFA Manager +" back office valuation and accounting system to manage
and service its large client base.
Effective Financial Planning is also going live with Contract Enquiry Version 1.1 which follows Origo industry standards to enable quick, real time population of its back office database with valuations of client investment portfolios from multiple product providers. This facility will provide the IFA with current investment holding information direct from insurance companies systems, thus eradicating the time consuming process of contacting the product providers individually for separate valuations.
Speaking on the new deal Gary Sawyer, Managing Director of WMS Fairs Division, said:
"I am delighted that Effective Financial Planning has chosen Fairs as its back office software provider. Fairs is able to offer them a solution which allows them to streamline administration procedures and provide better service to valuable clients. Our software will quickly become invaluable and will dramatically cut the time and cost involved in obtaining client investment valuation data. Because the data collection from product providers is completely automated, accuracy will be 100%"
'We believe that by working in co-operation with Wealth Management Software,
our new parent company, we will be able to improve our product range,
marketing reach and competitive position, and this will lead to further
orders being announced in due course'
Anyone interested in learning more about Fairs IFA products should contact
Gary Sawyer on 0191 245 2000