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Transact

Willingness to recommend

4.25/5

Integrations

3.95/5

Value for money

4.17/5

Service

4.4/5
Based on 186 reviews

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About the provider

Our proposition is to deliver the best service in the investment platform market. We achieve this through a combination of proprietary software and regionally aligned Client Service Teams. This is further enhanced by our Technical Support Team and Adviser Support Managers and Business Development Managers. Transact has been top rated by CoreData and Investment Trends independent research surveys every year inclusive 2010-2021. We offer access to the fullest range of tax wrappers and assets. Portfolio valuations, purchases and sales, templates, tax and client reports are all supported via Transact Online.

Our service includes links to portfolio and asset review tools, access to cash flow modelling tools and the provision of data to third party service providers. We also provide access to trust services, over 100 Discretionary Investment Managers and all the major third party SIPP providers.

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Ownership:

Transact is the name of the investment administration platform service and forms part of IntegraFin Holdings plc. IntegraFin is a company listed on the London Stock Exchange.

AUM:

£53bn

Partnerships:

Proprietary

NextWealth analysis

Transact offers top-notch service and is well-regarded by advisers that use the platform. As with others, they have made strides to reduce paper and we recognised them as “digital process game-changers” for making fast progress in 2020 toward digital processes. When we ask advisers what they want from a platform, the top response is usually “that it works” and Transact does.

Transact tend to be more expensive for smaller accounts but they continue to reduce their charges as they grow to scale. The firm also announced an acquisition of Time4Advice, owners of the back-office system, CURO.

Transact is resolutely independent. It has no tie-ups with any asset managers and no whiff of vertical integration. The Time4Advice acquisition makes sense as a way to get more deeply embedded in adviser businesses. We are often told that Transact's tech is creaky. It's hard to find evidence of that as they innovate more quickly than many competitors. They were the first to fully comply with pension freedoms and were among the first to be compliant with MiFID II. Transact has made it a virtue to stick to its knitting. It's completed a successful IPO, continues to innovate and remains focussed on the adviser and customer.

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Integrations

Based on 186 reviews
3.95/5

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Integrates One Way

Integrates Both Ways

Back Office Systems
Cash Management
Cashflow Modelling
Client Portal
Other
Research
Risk profiling and suitability

Adviser Cloud

Adviser Office (IRESS)

Assyst Software

Avelo

Bluecoat

Clarity Ltd

CURO (Time4Advice)

Durell Software

Enable (Best Practice)

Fastrak

Focus Solutions

intelliflo office (intelliflo)

JCS

Morningstar Workstation

O&M Life and Pensions Ltd

Plum Software (a Morningstar company)

Prestwood Software

Quay Software Solutions

True Potential Adviser Services (CRM)

Xplan (Iress)

No integrations available for Cash Management

CashCalc

Prestwood:Truth

Voyant

Client Portal – Adviser Office (Iress)

Client Portal – Xplan (Iress)

moneyinfo

Best Practice / Creative Technology

MoneyHub

Morningstar

FE Analytics

Morningstar

Dynamic Planner

FE Analytics

Voyant

Reviews

Willingness to recommend
Integrations
Value for money
Service
No comment left by user
Anonymous May 2022

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Willingness to recommend
Integrations
Value for money
Service
No comment left by user
Anonymous May 2022
Willingness to recommend
Integrations
Value for money
Service
No comment left by user
Anonymous May 2022

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