Industry fintech integration body Origo has nearly doubled signings to its Origo Integration Hub (OIH) in a year, adding 20 organisations to take the total number of users to 42.
The hub enables firms to swap information and data with each other more easily and improves integration between providers.
Anthony Rafferty, CEO of Origo, said: “OIH is a common-sense strategy for the industry, fulfilling the very real need for companies to be able to integrate with each other as quickly and as easily as possible, no matter how deep their pockets.
“In essence, it does away with the need for platforms, providers and software houses to undertake individual integrations, one-by-one with every single company with which they need or want to exchange data.
Companies can link to the hub to carry out key data exchange tasks such as valuations, bulk valuations, account opening, remuneration, transfer tracking (for platforms/providers), and bulk transaction history, with further integrations in development.
Mr Rafferty says he expects more companies to join the hub over next 12 months.
Providers so far signed to the OIH are:
Advance by Embark
Aegon Platform
Aegon ARC
Aviva
Adviser Cloud
Alan Steel
Barnett Waddingham
Benchmark Capital Fusion
Benchmark Capital Enable
Bluecoat
CashCalc
Centology
Clarity Global
Dentons Investment Services
Family Capital
Fidelity
Figure Out
Focus
GANDP
IFAMS
Intelliflo
JCS
L&G
LV=
Met Life
Moneyinfo
Moneylabs
O&M
Old Mutual
Openwork
Plum Software
Portafina
Prestwood
Profile Pensions
Selectapension
Prudential
Royal London
Sprint Enterprise Technology
Synaptic
Standard Life Aberdeen
Time4Advice
Wealthcraft
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