The integrated software, which will be available from July, will, the firms say, save advisors significant time and reduce risks of manually re-keying information. The two businesses have signed a five-year partnership agreement for the integration, which was developed last year and has been piloted with a mutual client, SimplyBiz.

“It has become very clear that advisory firms want a combination of tried and tested, award-winning software from both our firms. It means that they can benefit from applications which are best-of-breed in their areas without the cost and risk of re-keying,” said Ben Goss, chief executive at Distribution Technology.

The integration will enable users of Intelligent Office to access their client information in Dynamic Planner, while client data and documents generated during the planning process will be integrated into Intelligent Office as part of the complete compliance file and client record.

Nick Eatock, executive chairman at Intelliflo, added: “We believe that this integration will be warmly welcomed by our mutual clients as a real time and accuracy saving for users of our respective best-of-breed applications. We are delighted to work with Distribution Technology on this initiative.”