Defaqto

Defaqto is a financial-services information and technology provider serving financial advisers, asset managers, wealth and protection providers, insurers, comparison websites and banks. Its Engage platform brings financial planning and advice tools together in one system, helping advisers manage client journeys from research and suitability assessments through recommendations, reporting and reviews. Features include cashflow modelling, risk profiling, investment and product research, pension and platform switching comparisons, critical illness cover comparisons, and client reports with audit trails.

Engage draws on Defaqto’s data covering more than 21,000 funds, platforms, discretionary fund manager portfolios and products, supported by research from specialist analysts. The platform is designed to streamline workflows, reduce duplicated data entry and help firms deliver consistent, compliant advice. Defaqto also offers data services, customer experience insights, market pricing and MPS comparison, alongside ratings and reviews across areas such as insurance, pensions, investments, life and protection.

Its ratings include Star, Foundation, Diamond, Service and Risk Ratings. Together, these services support financial businesses in comparing products, informing recommendations and improving customer experiences