Delta partners with JHC Systems to integrate SIPP functionality

We have partnered with wealth management fintech firm, JHC Systems (JHC) to offer integrated SIPP functionality to its JHC Figaro (Figaro) clients. The partnership means JHC clients can administer SIPPs cost effectively within Figaro via our leading edge Platinum~Pro technology. Given the recent changes to pension drawdown rules, the partnership will enable the wealth management industry to maintain control of the assets held within client SIPPs.

Our Platinum~Pro technology will administer all SIPP functionality from illustrations, tax reclaims, drawdown, PAYE and regulatory reporting, whilst Figaro will continue to manage all assets and represent all accounts.

John Blackman, CEO of JHC said: “SIPPS are becoming increasingly popular as individuals take advantage of the less restrictive drawdown rules. To enable our clients to manage their SIPPs efficiently on an integrated platform, we’ve partnered with the providers of what we consider to be the best administration platform available. Our clients can continue to control their SIPPs seamlessly within Figaro, enjoying unrivalled flexibility and benefiting from increased efficiencies, enhanced services and most importantly, significantly reduced costs.”

Michael Power, Delta’s CEO added: “It’s never been more important for wealth managers to have control over SIPPs and our work with JHC will empower their clients on this front. Using our new Platinum~Pro technology, Figaro clients can administer SIPPs in much the same way as they would ISAs—and all within the one solution. JHC now has the complete package.”

We are currently working on several opportunities to partner with other platforms, insurers, banks, and pension providers. Platinum~Pro ensures compliance, reduced costs and integrates easily; we provide transformational technology for the lifetime savings market.

Microsoft Apprentice Employer

DELTA FINANCIAL SYSTEMS WINS MICROSOFT APPRENTICE EMPLOYER OF THE YEAR

Delta Financial Systems (‘Delta’), the leading pensions and retirement administration technology provider, has been awarded Apprentice Employer of the Year 2016 at the recent Microsoft annual Apprentice of the Year Awards 2016, held at Microsoft’s UK headquarters in Reading.

The Apprentice of the Year Awards form part of Microsoft’s Partner Apprenticeship programme, launched in 2010 to provide a more viable way for businesses to hire talented individuals with relevant skills. The scheme offers young people across the country the opportunity to combine hands-on work experience and over the last six years, over 11,000 technology apprenticeships have been taken up by 7,500 businesses across the UK.

This is the second time Delta has won the Apprentice Employer Award, having previously won in 2012/13.  The firm was also rewarded for its support for apprentices, with Jessica Huang picking up the Apprentice Developer of the Year Award 2016.

Michael Power, CEO of Delta, said: “Our continued support and success in these Awards demonstrates our commitment to training and investing in young people as apprentices, to help address the current skills shortage throughout the whole of the UK and specifically in the FinTech sector.”

Microsoft’s UK Managing Director Michel Van der Bel commented: “Over 4,500 apprentices have started their careers in technology through our apprenticeship programme. Apprenticeships provide a valuable entry route into technology for new talent, expanding the technology workforce in the UK and helping to address a critical skills shortage currently being faced by many British businesses.”

A recent report by the House of Commons Science and Technology Committee found that the digital skills gap costs the UK economy £63bn a year* and apprenticeships are seen as an effective way to skill up workers to help combat this issue.

http://www.publications.parliament.uk/pa/cm201617/cmselect/cmsctech/270/270.pdf

John Watson

John Watson Appointed CFO of Delta Financial Systems Ltd

Article in City A.M.Delta Financial Systems, a pensions and retirement administration technology provider, has appointed John Watson as its new chief financial officer. John has strong financial services experience, having been UK group finance director for IFG Group from 2000 to 2015, during which he helped lead the acquisition of James Hay from Santander. John sat as finance director for all of the group’s regulated businesses, including James Hay and the prestigious City-based IFA Saunderson House. He was most recently chief operating officer for the regulated part of Equiniti, including Selftrade.