15 September 2021

Fintel and Tatton Asset Management forge long term strategic partnership



Fintel plc and Tatton Asset Management plc forge fintech and distribution partnership 

Fintel plc (Fintel) and Tatton Asset Management plc (Tatton) have forged a new Fintech, Asset Management and Distribution Partnership, bringing together their market leading solutions for the benefit of Adviser Firms. The new Distribution Partnership sees Tatton license Fintel’s adviser technology and acquire their Verbatim fund ranges. Tatton have chosen to license the market leading research and financial planning solution ‘Defaqto Engage’ for the benefit of its firms, further improving client outcomes and adviser efficiency. The Verbatim multi-asset and multi-index funds add c.£650m to Tatton Investment Management’s AUM and extends its IFA relationships by over 800 firms.

Tatton have also engaged Fintel’s new ‘Distribution as a Service’(DaaS) solution which provides fund managers with data and insights on consumer preferences, helping them to continue to build market leading products.

Distribution Partnership benefits allow Fintel to leverage its acquisition of Defaqto by developing a new era of fintech and distribution propositions at an enterprise level, and Tatton to expand its range of investment solutions to thousands of new advisers and clients. 

This alliance will see an Enterprise version of Fintel’s adviser platform, Defaqto Engage, custom configured for the benefit of Tatton’s adviser firms. The Defaqto Engage software is a complete suite of financial planning software built into one system and capable of individual configuration.

The Distribution Partnership also sees Tatton access Fintel’s Strategic Asset Allocation service extending their footprint and enabling Fintel to build the Tatton Model Portfolio Service into their offering.  This will establish their MPS range within their “Risk Controlled” investment solutions, alongside the Verbatim funds.

Lothar Mentel, Chief Investment Officer, Tatton commented: 
“The Verbatim funds have a proven track record over 10 years and have been widely adopted by over 800 financial advisers. The new funds will help Tatton further extend its reach into the Multi-Asset landscape offering flexibility and choice alongside our existing funds and model portfolio solutions.”

Paul Hogarth, Chief Executive Officer, Tatton added:
“I am delighted to announce our strategic partnership with Fintel plc, a firm whose strategy and values are aligned with our own; keeping the IFA at the heart of our respective businesses.
“This clearly demonstrates the progress we are making in executing our growth strategy. We have set out a roadmap for growth over the next three years, growing our AUM organically and by acquisition extending our reach into the IFA community, the lifeblood of our industry, through strategic partnerships. This transaction is evidence of that strategy in action, enhancing our proposition to IFAs and their clients further, with the funds complementing and extending our current fund range.
“We are excited to be working more closely with Fintel, a business we have known and respected for a very long time. I have no doubt that this is a fantastic opportunity for both businesses to continue to deliver market leading solutions to the intermediary sector.

Matt Timmins, Joint CEO of Fintel, commented:

"We are delighted to announce a strategic partnership with Tatton Asset Management. This long-term partnership further strengthens our fintech and distribution propositions and sees us working collaboratively for the benefit of the intermediary market. The deal is the coming together of two businesses completely focused on delivering effective solutions to advisers, helping them access the best technology and fund solutions in the market.

We operate as a market connector, simplifying and improving Retail Financial Services through technology, people and insights, and this partnership will see us drive collaborative growth and inspire better outcomes for all.’’

Fintel’s CEO of Fintech and Research & Defaqto John Milliken added:
‘’These are exciting times as we continue to strengthen our market position. Our technology and market insight continue to improve product suitability, adviser efficiency and compliance, resulting in better informed decisions by intermediaries and, ultimately, improved outcomes for consumers. This latest partnership reflects our position as the enterprise solution for intermediaries seeking growth, efficiency and sector-leading risk management.’’



For further information please contact:

Fintel plc                                                                                                                                                        via Instinctif Partners 
Matt Timmins (Joint Chief Executive Officer                                                                                                 
Neil Stevens (Joint Chief Executive Officer) 
David Thompson (Chief Financial Officer) 

Instinctif Partners (Financial PR)                                                                                                               
Mark Walter                                                                                                                                                   +44 (0) 207 427 1446
George Peele                                                                                                                                                   fintel@instinctif.com


Roddi Vaughan-Thomas (Head of     Communications and Marketing)                                                       +44 (0) 20 7139 1452 Belvedere Communications – Financial PR                                                                                                  +44 (0) 7407 023147
                                                                                                                                                                       +44 (0) 7715 769078


John West / Llew Angus (media)                                                                                                                 Mobile : 07469 854011 Cat Valentine / Keeley Clarke (investors)                                                                                                                                                          



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“Our resilient operating cashflow conversion, combined with our enhanced funding capacity provide considerable financial agility as we pursue strategic acquisitions, and we remain confident that Fintel is in a strong position to deliver both our strategic goals and growth ambitions.”

Matt Timmins, Joint CEO

“We’re delighted to be awarded this accolade by Best Companies, made all the more important as it’s been voted for by our people.

Our people are our driving force, and when they succeed, so does the business. Thank you to everyone who makes Fintel what it is.”

Matt Timmins, Joint CEO

"Schroders and Fintel have worked closely together for a number of years and I am delighted that they have chosen to further strengthen this relationship by joining our Risk Controlled range. Fintel exists to help the market operate more effectively and with the continued success of the Managed Distribution and Risk Controlled we continue to deliver the technology and insight led solutions the industry needs to ensure better consumer outcomes."

Matt Timmins Joint CEO