Fintel has launched Fintel IQ, a platform for large intermediary businesses.

The platform is designed to help large intermediary businesses with over 100 advisers manage their advice and regulatory workflows through a single connected technology platform.

It will bring together technology and insight providers such as Intelligent Office, Plannr, Defaqto, VouchedFor, Competent Adviser, Synaptic, ifaDASH, APS, and Owen James.

The former chief operating officer of Fintel and managing director of SimplyBiz Kyle Augustin has been named chief executive officer of Fintel IQ.

In addition, former managing director of Synaptic Software Ben Rogers has joined as chief operating officer of the new platform.

Meanwhile, Wendy Dines will take on the role of director of technology distribution.

Fintel joint chief executive Neil Stevens says: “The aim of Fintel IQ is to connect the sector’s leading technology solutions, each of which are best of breed in their own right, to optimise software and data for large advice businesses.”

“Fintel IQ creates a custom, scalable advice platform through two-way API integrations with the best technology solutions in the sector, creating operational efficiencies, centralising data, and improving advice outcomes.”

Augustin adds: “Our platform will help business leaders with centralised data and MI, ensuring better outcomes consistent with Consumer Duty as well as uncovering more commercial opportunities.”