Dealer group DKN Financial Group (DKN) has secured a reduction in pricing across its suite of platforms administered by BT Wrap.
In a statement released yesterday, DKN announced it has signed a further five-year agreement with the BT Financial Group-owned wrap provider.
"Through this successful relationship, DKN have introduced pricing reductions across our full suite of platforms administered by BT," DKN chief executive Phil Butterworth said.
"Our advisers have been very receptive to the recent platform enhancements, including the new suite of insurance products and bulk trading functionality."
BT Wrap head Chris Freeman said the group is committed to working closely with DKN to provide its advisers with a strong platform offering.
"We have a strong track record of product and service investment, which we know is a critical factor for groups such as DKN who are looking to work with a partner who has the scale to invest in the platform," Freeman said.
"Our upcoming product development reflects the many discussions we've had with our partners, and DKN has been a keen participant."
Freeman said BT Wrap has already progressed in the development of its three-year program to build an equities solution, with its comprehensive model portfolio tools launching later this year.
The firm has also commenced projects to build a fully integrated cash management account and overhaul the Wrap DeskTop to make it easier to use.
