Standard Life Wrap will introduce a new technology interface for adviser firms from 22 July to help the transition to clean and discounted share classes.
Advisers will be able to mount their own company logos and corporate colours on the wrap using the new technology, which is being provided by platform software specialist FNZ.
In addition to improved layout and navigation, the new client process has also been streamlined to save time in advisers’ back offices. The new interface will be compatible with all major web browsers and tablet devices.
Other functions will include a new portfolio analyser tool, a new auto-disinvestment function to complement enhanced withdrawals for adviser charging, and new electronic re-registration facilitation.
Ross Easton, head of wrap, said: “July’s technology release is the biggest in Standard Life’s history – which includes upgrades to every page of the Wrap platform and the integration of our new Portfolio Analyser Tool.
“We’re also making changes under the bonnet with the launch of a new auto-disinvestment function that prioritises unwrapped assets and cash to make funding adviser charges as straightforward and tax efficient as possible.”
The new interface also lays the foundations for the rapid deployment of a number of enhancements later this year, including an extended investment range and fully integrated DFM capability to support centralised investment propositions (CIPs), Standard Life added.