1st Software Snapshot
Avelo knows financial planners, and it provides the technology to support them. The company provides software for financial advisors and intermediaries in the UK. Its product line includes tools for financial planning and portfolio management; administration and sales support tools for document management and e-business; mortgage sales and origination; and back-office business management functions such as lead tracking, accounting, and compliance monitoring. Founded in 1996 as Independent Specialist Technology (it did business as 1st Software), the company changed its name to Avelo in 2011 following the expansion of its product line and operations through the acquisitions of N4 and Screen Business that year.