Advisory firm Isio is to acquire Collidr, a UK fintech and AI driven technology and investment management company, subject to FCA approval.
This acquisition will look to enhance Isio’s investment solutions for financial advisers by integrating advanced technology, adviser tools, and leading co-manufacturing expertise alongside its institutional investment capabilities.
Isio is backed by Aquiline, a private investment specialist in financial services and technology.
Collidr, founded in 2010, operates through Collidr Technologies Limited, offering AI solutions to businesses, and Collidr Asset Management Limited, providing FCA-regulated investment management.
Andy Tunningley, partner at Isio, says: “This acquisition represents a significant milestone for Isio, uniting institutional capability with advancements in innovation and technology.”
Subject to FCA approval, Collidr’s team will become part of Isio Investment Solutions.