The Wealthtime platform has added technology which removes the need for physical signatures for letters of authority.
Eden Scrivenger, chief technology and operations officer at the firm said the addition of Origo’s Unipass Letter of Authority would make things easier for advisers.
She said: "In a digital age, requiring wet ink signatures for LoAs causes unnecessary processing delays in tasks that should be quick and straightforward.
"We are therefore very pleased, through the adoption of Origo’s Unipass LoA service, to be able to streamline and speed up the LoA process for advisers using our platforms. It’s a great example of digital-first solutions benefiting everyone involved."
The Origo tool allows advisers to handle client paperwork quickly and gives them access to real-time information to track the status of letters of authority online.
Anthony Rafferty, chief executive officer at Origo, said: “By adopting the solution, Wealthtime sets a powerful example as a digital-first organisation - helping to bring faster and easier ways of working to the adviser market
" ULoA will play a pivotal role in increasing efficiencies and sustainability efforts within financial services and is a clear indicator of the future direction for the industry.
"The implementation of ULoA by Wealthtime is a perfect example of this in action. It showcases how secure digital communication can have a profound impact, not just on the bottom line, but on the planet.”
tara.o'connor@ft.com
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