Adviser fintech and back office provider Intelliflo has added cashflow modelling and planning capabilities to its core Intelliflo Office system.

Financial Planners will be able to access the modules without the need for additional licensing.

Intelliflo customers will have access to the tools as part of their Office package. The firm says this will remove the need for them to buy additional external cashflow and planning software.

The capabilities allow advisers to access real time visual cashflow charts and data.

Intelliflo said it added the capabilities to enable advisers to demonstrate the value of advice in line with the FCA’s new Consumer Duty rules.

According to consultants Platforum, 46% of UK wealth advisers use Intelliflo Office.

Nick Eatock, CEO of Intelliflo, said: “Adding cashflow planning to Intelliflo Office is a game changer for our customers and an exciting inflection point for our business.

“This demonstrates our commitment to our mission: widening access to financial advice by providing market leading, intuitive solutions for advisory businesses though our open architecture. We want to support our customers on their journey to be more efficient and make the complex simple for their clients, and this is an important step.”