IPipeline has completed the acquisition of Origo following receipt of all required regulatory approvals, including approval from the UK Competition and Markets Authority.
Origo connects providers, platforms, advisers and customers with digital services that streamline and secure business processes.
IPipeline maintained that the acquisition would expand its presence in the UK wealth and retirement market and further strengthen its ability to help customers navigate fragmented systems, manual processes and disconnected experiences that continue to challenge financial services organisations worldwide.
It added that as insurance, retirement and wealth management become increasingly connected, firms are looking for technology that simplifies interactions across products, partners and channels, and the acquisition strengthens its ability to help customers create this connection, while expanding the capabilities needed to support the future of digital financial services.
The firm assured customers that they can expect continuity throughout the transition, with all services and solutions remaining available, connected and partner-friendly, with continued investment focused on helping firms simplify operations and strengthen collaboration across financial services.
It further clarified IPipeline and Origo will continue investing in technology that connects people, processes and information, helping organisations navigate complexity and prepare for the future of financial services, while the Origo and Unipass brands will continue as an IPipeline company.
Pat O’Donnell, chief executive officer of IPipeline, said: “As financial services organisations face growing pressure to modernise operations and deliver seamless customer experiences, the ability to connect people, processes and information has become increasingly important.
“Origo’s expertise in trusted connectivity aligns closely with IPipeline’s strengths – enhancing our ability to help customers reduce complexity, improve collaboration and operate more effectively.”
Rachel Edwards, managing director, UK and Europe, IPipeline, (pictured) said: “This acquisition brings together two organisations that share a common belief; the best innovation comes from working closely with customers and helping the industry solve real challenges.”
“By combining Origo’s trusted connectivity capabilities with IPipeline’s technology, we have an opportunity to create a more connected ecosystem that simplifies interactions, supports growth and delivers better experiences for the firms and customers we serve.
“Just as importantly, we’re bringing together two teams with a shared commitment to trusted connectivity, partnership and practical innovation. Those values will continue to guide us as we move forward together.”
Anthony Rafferty, chief executive Officer of Origo, added: “Origo has always focused on making it easier for firms to connect and work together. Joining IPipeline allows us to build on that mission while maintaining the transparent, collaborative approach our customers value.
“We have an opportunity to strengthen the services our customers rely on today while helping drive greater efficiency and innovation across the industry.”
