Infocus' Platformplus financial planning system will be integrated into the Praemium SMA platform, allowing Infocus and Patron advisers to generate application forms and invest clients into the Infocus Managed Accounts product from within their financial planning software.
Praemium chief executive Michael Ohanessian said: "Platformplus is a very innovative system and is proving to be very popular in the broader non-aligned advice space.
"Integrating Platformplus with the Praemium platform will help financial advisers deliver greater efficiencies in their businesses."
Infocus managing director Rod Bristow said: "Integrating PlatformPlus with the Infocus Managed Accounts platform is a logical next step for Infocus, as it will enable through processing, from fact find all the way to opening and investing the client's managed account portfolio."
In May Infocus announced that it had struck a deal with Praemium to develop a managed accounts solution for its advisers.
In a statement, Infocus said the solution – developed by Praemium – adds to the group's existing managed funds model portfolio solution and provides a separately managed accounts (SMA) platform for its advisers.
Commenting at the time of the launch, Mr Bristow said the managed accounts solution was developed in response to demand from advisers across the dealer group.
"This offers a completely automated SMA investment option for advisers and their clients. It's ideal for SMSF and high-net-worth clients seeking transparency, cost effectiveness and flexibility in investment management and reporting," Mr Bristow said.
