9 February 2021

SimplyBiz Group launches researched fund lists, powered by Defaqto

SimplyBiz Group launches researched fund lists, powered by Defaqto

The SimplyBiz Group has announced it is making a collection of multi and single-asset researched fund lists, powered by Defaqto, available exclusively to its member firms.

The research is based on robust quantitative measures such as performance, costs and volatility along with in depth analysis, including Defaqto Diamond Ratings, Fund Reviews and ESG Reviews. The research is continuously monitored by an Independent Investment Committee and updated quarterly.

The researched fund lists are available both within Centra, the Group’s end-to-end advice tool, which enables users to seamlessly link investment research with goals based planning and suitability reports, and through its newly redesigned Investment Services website.

Dan Russell, Managing Director of Distribution Solutions for The SimplyBiz Group, commented:

“Our job is to provide the advisers we serve with the ability to choose from the very best supply chain of solutions in order to help them achieve excellent outcomes for their customers in a compliant and profitable way. This exclusive service combines the market-leading research and fintech capability of Defaqto with the regulatory and business services expertise of SimplyBiz, ensuring advisers who use services provided by The SimplyBiz Group have access to the foremost investment research and advice technology in the UK as part of their membership.”

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"The acquisition strengthens our Software & Data division, expands our capabilities across wealth, mortgage and multi-disciplinary advice firms, and increases the scale of our proprietary data assets.

We are also delighted to welcome Zahid Bilgrami and his team to Fintel and look forward to working together as we continue to grow our Software & Data division."

​Matt Timmins, CEO​

"Fintel delivered a strong first half performance, with organic growth across our core businesses, continued expansion of recurring revenues and a 16.6% increase in EBITDA from continuing operations. With a growing base of recurring revenues, enhanced proprietary data assets, expanding technology capabilities and increasing participation across adviser and provider value chains, Fintel is well positioned to deliver sustainable long-term growth."

​Matt Timmins, CEO​

Outlining our growth ambitions and key objectives. Watch the highlight video