Dynamic Planner® from Distribution Technology Powers New Simply Biz Venture

4 March 2010

Distribution Technology, the UK’s leading provider of financial planning and sales software, has deployed its Dynamic Planner® application to provide independent risk profiling and financial planning support in the front office for advisers using Verbatim, the new investment firm from Simply Biz.

Launched to help advisers meet the demands of RDR and TCF legislation for a more compliant investment process, Verbatim will provide free access to Dynamic Planner’s powerful profiling and planning tools to all 5,000 advisers who buy services from Simply Biz. This significant deployment, the largest in its kind in the UK took less than 2 months from signed contract to go-live.

Matthew Timmins, Marketing Director for Simply Biz said: “With the recent and proposed changes in regulation, we have seen an increased need for advisers to ensure they are operating an independent, compliant and robust investment process. Verbatim employs Distribution Technology’s planning tools to move beyond traditional labels ‘cautious’, ‘balanced’ and ‘adventurous’ towards a proposition with proper risk assessment at its heart.”

Ben Goss, CEO of Distribution Technology Limited, added ‘We are delighted to be working with Simplybiz on this innovative new proposition. The power and flexibility of our new front office technology and its speed of deployment enables us to deliver great value to Simply Biz, their members, businesses and end-users.’

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