Written by Mark Evans
IntegraFin, the parent of platform Transact, that offers online support to financial advisers and clients with trading and tax wrappers, is to float in the first stock market launch of the year.
The firm has nearly £30billion of funds under direction (FUD), is not raising capital, but the IPO serves to allow fluid trading in shares.
The company’s relationship with its core users, strong scalable technology and ability to incorporate evolving investor needs make the management confident that the float will be successful. Moreover the growing regulation applied to the sector means that the platform’s ability to track and log mean that its use is likely to continue and expand its user base.