The system is for the life, pensions and mortgage markets and is aimed at bancassurers, large intermediary firms, pure mortgage networks / clubs and providers with controlled distribution.
focus:pos is a generic single point of sale platform that enables organisations to trade life, pensions, investments and mortgage products electronically through a single solution.
Companies can reduce the development and maintenance costs that are associated with maintaining multiple sales systems across the business, but also have a single streamlined sales process for all of their distribution channels.
Frequent revisions to regulation, along with the increasing cost of ownership this brings, are big drivers for organisations to review their front-end solutions on a regular basis. focus:pos has been developed to adapt to these regulatory changes, as well as employing a flexible and consultative product roadmap approach, giving customers the ability to influence future direction. A number of early adopters have already been identified and are working with us to finalise the scope of the solution.
focus:pos has been developed using Focus' version of its goal:technology and is available as an online or traditional hybrid solution. The first phase of focus:pos is scheduled to go live in the Autumn and will be available on a monthly per user tariff or a fixed cost.
David Brooks, business development director, said: "Focus will continue to work with clients on large scale customised enterprise solutions, but the industry has long been awaiting a generic single platform point of sale solution, a solution that will encompass an organisation's sales processes across all of their distribution channels, and can also adapt to regulatory changes across the industry, including the new COB directive. Our past experience has given Focus great insight into front-end sales processes and this knowledge has been integrated into our new solution."
