To support the on-going growth of its technology business, Socius has established a new UK holding company, Socius Technologies Group Limited, which will serve as the parent holding company of its technology-related businesses, currently comprising Socius Technologies (IP) Limited (“STIP”) and Socius Technologies (SP) Limited (“STSP”).

The STIP core product offering currently comprises of its ‘Individualised Product’ set which includes both iCPPI and iOBPI solutions that are cloud-based enterprise-level solutions for the Life and Reinsurance sectors.

The STSP core product offering currently comprises of its ‘Standardised Product’ set which includes its cloud-based Structured Products administration platform utilised by manufacturers and distributors of Structured Products and their adviser / retail client network.

The new holding company structure will more readily facilitate shared services to be provided across the subsidiary entities whilst also making it more efficient to establish new subsidiary entities that will be used to build and develop new innovative platform solutions for the financial services market.