Fintech and software provider Fintel is to launch a new distribution platform called Omnicore which will provide a direct link between advisers and providers.
Fintel describes Omnicore as, "an intelligent distribution platform designed to provide a strategic conduit between providers and advisers."
The new platform has been launched by Fintel’s Services Division.
According to Fintel, Omnicore will give intermediaries a "deeper product understanding" and support providers in developing and refining propositions.
Omnicore will launch to the market on 1 October with further details to be announced.
Omnicore CEO Rodger Baillie said: “Omnicore marks a significant step forward in Fintel’s mission to drive better financial outcomes across the value chain, for providers, advisers, and consumers.
“It was built by combining our deep regulatory expertise, market insight, and unrivalled intermediary access to power a more advanced UK market. Omnicore raises the bar, setting a new standard for how products are designed, distributed, and refined to meet the evolving needs of advisers and consumers.”
The first proposition available from Omnicore will be a whole of market premium protection club called Omni Protect.
Omni Protect’s managing director Emma Vaughan said the focus of the club was on supporting firms that prioritise long-term client outcomes.
She said: “Omni Protect reflects Fintel’s commitment to supporting the directly authorised market with innovative, high-impact solutions which combine commercial strength with ethical, client-focused advice. By aligning adviser incentives with long-term customer value, we’re building a better protection market—one that’s smarter, fairer, and more resilient.”
Fintel owns a number of UK fintech and support businesses including Defaqto, Simplybiz, and Threesixty.