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Embark Group and Delta agree long-term contract for Delta’s Platinum~Pro technology
Embark Group has signed a 10-year contract to use Delta’s next-generation Platinum~Pro platform for the administration of its complex SIPP and core SSAS customers. The Embark Group has for some time been a key client of Delta, and are material users of SIPP~Pro and SSAS~Pro.
This arrangement sits as a complimentary capability alongside Embark’s core technology partnership with FNZ in the delivery of wrap services, brokerage and white-label SIPP technology. These capabilities will be progressively connected to ensure our complex pension clients have access to the service capabilities of the best of the wrap market.
Embark, the investment savings and retirement solutions provider, has confirmed its long-term commitment to Delta Financial Systems’ Platinum~Pro technology with over 45,000 pension members to be upgraded onto its new-generation cloud-based platform.
The move will bring together the administration of all Embark’s pension businesses including Embark Pensions, EBS and Rowanmoor, with all complex SIPPs and SSASs being administered on one set of technology. Embark is one of the UK’s largest bespoke pension providers in the SSAS and SIPP market, and one of the fastest growing in the traditional market.
Embark Pensions Chief Executive Paul Downing, says: “The Embark pension businesses are experiencing rapid growth and the use of Platinum~Pro within our business has already driven efficiencies and reduced operational risk. As we continuously look at how to best deliver value to customers it is a logical step to move to one, leading-edge technology provider for all our complex pensions, with strong governance and seamless integration at its core.”
Michael Power, CEO of Delta (pictured), says: “Our partnership with Embark demonstrates the need for SIPP and SSAS providers to ensure their chosen system is fit for purpose and can fully integrate with other mission critical systems throughout their organisation. This is a strategic partnership for us with the fastest growing provider in our market space.”