Parmenion, the UK-based discretionary management platform, has completed the integration of its platform services with 1st - The Exchange’s Adviser Office software, enabling Adviser Office users to update client portfolio records with portfolio data extracted from Parmenion’s platform.

“The contract with 1st - The Exchange gives Adviser Office users the capability to update Parmenion portfolio holdings data directly to the Adviser Office database. The service will be available on platform from June, and interested users can see the software in operation at 1st - The Exchange’s Annual Conference on 25 May,” said Richard Mein, managing partner of Parmenion.

Earlier this month, Mik Cons, the co-founder of 1st- The Exchange, became a partner in Parmenion after acquiring a share in the firm for an undisclosed sum.

“Our integration with Parmenion, as a rapidly growing platform provider, will bring significant added value to advisors through a streamlined, cost-effective solution,” said David Child, managing director, 1st - The Exchange.