National advice firm LEBC has bought and licensed two pieces of technology to support the launch of its 'bionic advice' operation later this year.
The IFA has licensed Enable, which will provide a client portal, and Fusion, a cloud-based transactional platform providing a combination of wrap platform, discretionary management and investment management services, from Benchmark Capital. The advice business said the new technology would bring greater efficiencies and add more flexibility to its processes as the business changed from a server-based system to a cloud-based system. LEBC's 'bionic advice' - its answer to robo-advice - is planned to launch close to Christmas, according to the firm. LEBC chief operating officer Jeremy M...
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