ABOUT TRANSACT
The UK’s first wrap service
Transact was the first wrap service to launch in the UK, in 2000. Over the years we have harnessed systems, technology and our in-depth knowledge of the UK investment market to provide a more efficient and simpler way for advisers to manage clients’ financial portfolios. The result is the highly refined wrap service known as Transact.
Ownership
“Transact” is the name of the investment administration platform service offered by Integrated Financial Arrangements Ltd (IFAL), which was established in 1999. IFAL is a company within the IntegraFin Holdings plc (IntegraFin) group of companies. IntegraFin is a company listed on the London Stock Exchange and is a constituent of the FTSE 250 index (as at March 2024).
Financial strength
Transact has been profitable every year since 2003, and has been awarded an ‘Excellent’ financial performance rating for the last ten years to 2023 in the FinalytiQ Advised Platform Report. Transact works exclusively through financial advisers and is 100% focused on servicing the UK market. With our strong financial track record, clients and their advisers can be confident that Transact can be relied upon for the long term.
Funds Under Direction
£61.0bn
As at 31 March 2024
IntegraFin pre-tax profit
£62.6m
For year ending 30 September 2023
Profitability rating
“Excellent”
FinalytiQ Advised Platform Report 2023
Find out more
IFAL Public Disclosures“ Transact is a profitable business in its own right and sees no reason to cream off interest on client cash. Not only does Transact have one of the best treasury management processes in the industry, it passes all the interest back to Mrs Miggins.”
FinalytiQ The Boiling Frog – Platform Report 2023
Our track record
Transact is consistently voted the leading wrap platform in the UK by advisers, and was most recently rated the Best Large UK Platform in the CoreData Platform Study 2023 for the fourteenth consecutive year, and Best Platform at the Professional Adviser Awards 2024. We were also awarded Platform of the Year and Leading Platform for Discretionary Management in the Schroders UK Platform Awards 2023.
View our awardsProgress and innovation
As owners of our own software and technology, we have full control over the development of our service and prioritise the changes we make to ensure we continue to be the leader in platform innovation and foresight.
Facts and firsts
At Transact, we:
- Make incremental improvements via system update releases every month.
- Have over 500 years of experience in our systems development team.
- Were RDR (Retail Distribution Review) ready from platform inception.