iPipeline has completed its acquisition of Origo after receiving all required regulatory approvals, including approval from the U.K. Competition and Markets Authority.
The acquisition expands iPipeline’s position in the U.K. wealth and retirement market and adds Origo’s connectivity technology linking financial services providers, advisers and platforms.
iPipeline provides digital technology for life insurance and financial services, while Origo has focused on connecting participants across the U.K. financial services ecosystem and digitizing industry processes.
The combined platform is intended to help financial institutions reduce manual processes and fragmentation while improving information exchange across insurance, retirement and wealth management.
iPipeline said customers should experience continuity during the integration. Existing services and solutions will remain available, and the Origo and Unipass brands will continue as an iPipeline company.
iPipeline operates as a business unit of Roper Technologies and is connected to more than 500,000 agents and advisers. The company said it is trusted by more than 100 insurance carriers and providers and more than 2,500 broker-dealers, financial institutions and distribution organizations.
KEY QUOTES:
“As financial services organizations face growing pressure to modernize 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.”
Pat O’Donnell, Chief Executive Officer of iPipeline
“This acquisition brings together two organizations 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.”
Rachel Edwards, Managing Director, UK & Europe at iPipeline
“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.”
Anthony Rafferty, Chief Executive Officer of Origo
