Manulife Financial has signed a multi-year deal with Ticoon Technology Inc. to use its advisor and investor solutions software, it announced today.
The Ticoon system can integrate investment, insurance and banking data from all sources and present it in customized views for users, according to the company. It lets users across the value chain consolidate, view and configure data from multiple, disparate sources within a single, secure, compliant platform, it added.
Ticoon will host the client management application on a software-as-a-service basis for Manulife, the company said in a release.
“By choosing Ticoon, Manulife can now focus on its core business — providing financial protection products and wealth management services,” said Rick Hyde, president and CEO of Ticoon, in a release. “Our solution will bring their investment, insurance and banking information into a single platform and give their advisors a true competitive advantage in the management of both their clients and their business,” Hyde added.
The Ticoon system also gives Manulife clients a Web site where they can access their investment and insurance policy data in an integrated online experience.
Manulife said the new application will be launched initially to about 1,500 financial advisors in mid-2008. It said the system is scalable and will be extended within the Manulife Financial distribution network later in 2008 and into 2009.
Other firms, such as Cumberland Wealth Management, Blackmont Capital, Wellington West and ING also use Ticoon front office software in their business.
Manulife inks software deal with Ticoon
Application to be rolled out to 1,500 advisors in mid-2008
- By: Regan Ray
- February 26, 2008 February 26, 2008
- 15:35