Defaqto is pleased to announce that it has enhanced the suitability letters capability within Aequos Engage by incorporating ATEB Suitability (file:///C:/AppData/Local/Local%20Settings/Temporary%20Internet%20Files/Content.Outlook/UY25NUMZ/www.atebsuitability.co.uk), following a successful pilot scheme that was carried out towards the end of 2007.

ATEB Suitability is a bespoke version of Intelledox, the smart document creation software. Intelledox is partnered with ATEB Business Solutions Ltd, a specialist compliance consultancy with extensive industry experience that distributes Intelledox as part of its systematic approach to compliance, based on good business practice and risk management strategies. ATEB’s suitability report templates have proved extremely robust in compliance terms and used in conjunction with Intelledox, they virtually eliminate the possibility of error.

Commenting on the incorporation of ATEB Suitability into Defaqto Engage, ATEB Director Huw Reynolds’s said: “The industry has been crying out for this type of software for years. Existing report generators are all well and good, but there is too much reliance on user input and hence error rates are high. Intelledox virtually eliminates errors by forcing the user through a simple ‘wizard’ type interface. Letters are produced more quickly and the work can be delegated. The result is a quality end product every time. As suitability reports are an essential risk management tool, this software provides a significant advance.”

Alan F Kerr, Principal at Alan Kerr Financial Services said: ” When Defaqto asked me to take part in the pilot  scheme using ATEB Suitability within Aequos Engage I was sceptical about the claims being made for the Report Writer.  However, having used the system, I am thoroughly impressed by how professional the output is and how easy it is to use.”

Andrew Sotiriou, Adviser at Ethical Financial Planning said: “There are so many different suitability letter writing systems on the market, ATEB Suitability built into Aequos Engage is definitely the market leader. It is remarkably intuitive and makes the report highly personalised to the client and is so much quicker than anything else I have come across”.

Ian Osborne, Director at Granite Financial Management Limited said: “It’s good to see Defaqto listening to feedback from its customers and using this in its product development. The new functionality enhances the product and shows its commitment to supporting advisers through the research and sales process.”

Roger Perry, Adviser National Accounts Manager at Defaqto said:” This is a genuine enhancement to Defaqto Engage and I am truly excited by it because it will enable advisers to complete their suitability letter more quickly, more accurately and with complete confidence.”

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For further information:

Defaqto Limited

Roger Perry, Chris Johnston or Luci Mylward

01844 295 454

Under a move extending the current agreement, Defaqto will provide further licences of Aequos Engage, its product selection and report system, to Compliance First members.The new arrangement will enable Defaqto to extend the usage of Aequos Engage within this fast growing service provider based mainly in Scotland. Already Compliance First’s preferred supplier, Engage provides the clients of Compliance First not only with a highly effective  product selection tool, but complements Compliance First’s emphasis on service and its commitment to Treating Customers Fairly through its full suite of compliance reports.

Commenting of the situation, Neil Stevens, Managing Director, Compliance First said:” We are very pleased to announce that we will be taking additional licences of Aequos Engage as this will extend the quality of research that our Client Firms can offer. Our experience with Defaqto’s Engage has been entirely positive and we look forward to the future with added confidence.”

Commenting for Defaqto, Roger Perry, Adviser National Accounts Manager said: “It’s always a pleasure to receive a customer endorsement in this way. But this is not only a vote for the product itself, but one for the training and support staff that have worked so hard to make Engage a success.”

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For further information:

Defaqto Limited

Roger Perry or Chris Johnston

01844 295 454