Fintel, the fintech which owns SimplyBiz and Defaqto, has signed up fund managers Premier Miton and Carmignac to join the investment firms using its managed distribution service launched earlier this year.

Fintel has also signed partnerships with Aviva and Aviva Investors and deals with Fidelity, Just, Guardian, Schroders and Tatton during 2021.

Premier Miton and Carmignac are the latest of 13 firms to agree multi-year partnerships with Fintel’s managed distribution solution (DaaS).

The service, launched earlier this year, spans research, data, design and targeted distribution consultancy

The service is designed to enable product providers to target products more effectively via Fintel. The aim is to ensure intermediary firms receive better tailored communications and consumers receive relevant products, better aligned to their needs. 

SimplyBiz has also announced that Carmignac's new range of model portfolios, as well as nine of Premier Miton's risk-adjusted funds, will join its range of Risk Controlled investment solutions.

Matt Timmins, joint CEO of Fintel, said: "As a market connector, Fintel exists to help the market operate more effectively. Bringing together product providers, intermediaries and consumers, we simplify the complexity of the retail financial services market, ultimately achieving better outcomes for all.

"I believe that the most successful way to increase efficiency and effectiveness in the market is through collaborative solutions such as our managed distribution service and I am delighted that so many renowned and respected names have further strengthened our relationships by choosing to work with us in this way. To have two more industry-leading investment houses, Carmignac and Premier Miton, on board, builds on the success of our managed distribution service to date and it's a really positive end to 2021.”