Interactive Investor, a trading and investment platform, has selected wealth management software provider, JHC Figaro (Figaro), to support its growth plans.
The deal follows Interactive Investor’s acquisition of TD Bank Group’s European direct investing business, TD Direct Investing.
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Figaro will support Interactive Investor’s trading service, offering customers access to 32 international markets and nine currencies whilst maintaining the company’s fees. Figaro’s front-to-back office functionality will support Interactive Investor in managing high volumes and remaining compliant with regulatory requirements.
Richard Wilson, CEO of Interactive Investor, said: “Following a thorough review process, we are pleased to have appointed JHC as our platform provider of choice. The provision of highly-scalable and automated technologies is an important component in our vision to become the retail platform of choice for engaged investors. Interactive Investor is well placed to provide its customers with an industry leading user experience.”
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