Octopus unveils bulk valuation tool on Adviser Office

IFA back-office provider 1st Exchange has linked with Octopus Investments to provide a bulk valuation service to advisers.

The move will enable users of 1st's Adviser Office solution to track and download reports for all client portfolios without having to request reports directly from Octopus.

Advisers will save time on valuation and client servicing activities, making ongoing business easier, 1st says.

Octopus adds the service will be particularly useful when used in conjunction with its new discretionary service, Octopus Portfolio Manager.

"The new integration not only makes ongoing business easier for advisers, but it also helps them to prepare for the RDR," Octopus managing director Guy Myles says.

"The technology assists advisers in managing exceptions, allows more efficient valuation reporting and increases their visibility of clients' portfolios."