This will deliver a fully scalable system to work across all elements of the businesses within the network including key appointed representatives such as Your Move and Reeds Rains.
As part of the deal, over 700 intermediaries will have access to Avelo’s full range of mortgage and insurance point of sale technology, including Prospector, Momentum and Avelo Exchange.
At the head office, Avelo’s Officeweb product will consolidate management information and fees and commission processing.
The deal with First Complete is the first to be completed since Avelo’s recent acquisition of TrigoldCrystal.
Simon Badley, commercial director of Avelo, says: “Our agreement with First Complete shows there is a desire for fully integrated front and back office solutions and highlights the strength and compatibility of Avelo’s range of solutions. One of the key drivers for the recent acquisition of TrigoldCrystal was to extend the reach of products and services delivered direct to the adviser or broker, enabling efficient connectivity to the broadest range of lenders and financial services product providers.”
The initial implementation is expected to be completed later this year.