A cashflow modelling software firm created by a Chartered Financial Planner has struck a deal with a business offering support services for advisers.

The agreement means CashCalc’s online suite of Financial Planning tools will become available for the firms that Paradigm Group supports.

CashCalc was created by Chartered Financial Planner Ray Adams, who also runs Niche IFA in Wales.

The companies said firms linked to Paradigm will be armed with more Financial Planning tools, with the aim to help to further develop the quality of their compliance process and enhance client engagement within the Financial Planning process.

Under the agreement, Paradigm-supported firms will be offered:

· Full and unrestricted access to all the CashCalc Financial Planning tools at a discounted rate
· The option to book a complimentary 1-to-1 online demonstration of the software with one of CashCalc’s in-house advisers
· CF30 qualified support via telephone and email
· The ability to create a firm licence by adding additional advisers/Paraplanners.

Paul Hogarth, Paradigm’s senior partner, said: “The simple inputs/powerful outputs approach by CashCalc is what attracted us and we encourage all of the firms we support to register an account and see what they have to offer.”

Mr Adams, director of CashCalc, said: “We look forward to welcoming all Paradigm firms over the coming months.”