Financial technology company IntelliFlo has linked with Sipp provider James Hay to offer instant electronic valuations for advisers.
Valuations will be made using IntelliFlo's Intelligent Office system and brings the list of existing providers integrating IntelliFlo's valuations to 35.
Research by IntelliFlo found that the average adviser works with 2.8 platforms and that the market cannot rely on individual platforms or wraps to effectively consolidate all of a customer's assets.
This is usually because pension assets have been advised separately and underlines why it is critical to make sure that technology provides a consolidated wrap view to overcome the various inefficiencies of dealing with several wraps.
{desktop}{/desktop}{mobile}{/mobile}
Tim Sargisson, managing director at James Hay, said: "The Intelligent Office system has been adopted by a number of adviser businesses that have clients with James Hay Partnership. The integration confirms our commitment to delivering efficiencies and cost reductions for our advisers by facilitating instant electronic valuations from James Hay Online into the Intelligent Office system."
Dave Chessell, sales director at IntelliFlo, said: "Accommodating and deepening links with platforms like this will become ever more important now that the RDR has arrived. The emphasis on whole of market advice and the disappearance of many of the financial incentives associated with consolidations will mean that the broadest possible coverage of platforms will be essential."

• Want to receive a free weekly summary of the best news stories from our website? Just go to home page and submit your name and email address. If you are already logged in you will need to log out to see the e-newsletter sign up. You can then log in again.