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Moneygate picks Ascentric as platfrom provider

IFA network Moneygate has teamed up with Ascentric to offer clients access to an independent wrap after reviewing the platform for several months as part of its due diligence process.

By Rob Langston | Published Mar 05, 2010 | comments

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Dennis Reed, sales director of Moneygate Group, said the network had been impressed by Ascentric's moves to improve and develop its proposition.

He said: "Ascentric's independence, innovative features and commitment to ongoing development sets them apart in this market and will act as a key component in our plans for expansion.

"The combination of investment choice, competitive charging and platform functionality offered by Ascentric complements our client proposition perfectly, and will allow us to grow our investment management proposition."

Richard Goodall, sales and marketing director at Ascentric, said: "It is fantastic to be partnering with such an ambitious and forward thinking firm as Moneygate and I very much look forward to building our relationship with them.

"The rigorous due diligence process undertaken by Moneygate illustrates the strength of our platform and our ability to drive sustainable value within their business."

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