JLT Employee Benefits (JLT EB) has selected the Tercero investment management platform from Third Financial Software

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11 December 2013
United Kingdom

December 11th 2013 

JLT Employee Benefits (JLT EB) has selected the Tercero investment management platform from Third Financial Software. JLT EB received inflows of over £2bn in 2013 and this front to middle office solution will support JLT EB’s rapid growth. 

Darryn Lake, Chief Investment Officer, JLT Employee Benefits, commented:

“Tercero meets our requirements for excellent reporting, an investor portal and compliance. Tercero’s ability to provide reports and information on multiple devices, such as smart phones and tablets was a particularly important aspect of the selection criteria.”

Stewart Foster, Chief Executive Officer, Third Financial, said:

“With Tercero’s hosted solution, the system offered the key to strong customer service and data security, as well as a reduction in time spent on IT issues and upkeep, therefore allowing JLT Investment Management to focus on investment performance, growth, client servicing and delivery.

“With its modern technology, single database, front to back office capability and ‘mobile’ delivery, the Tercero software platform is fast becoming the system of choice for investment managers across the UK and Channel Islands. We are delighted to have added JLT Investment Management to our growing list of clients.”

Further information is available at and


Third Financial is one of the fastest growing providers of Wealth Management Software. Established in 2008, the Tercero Software Platform is widely regarded as the most modern, integrated front to back office wealth management system available today. Third Financial supplies exclusively to the wealth and investment management industry. They have offices in Covent Garden and Broome, near Birmingham employing, 30 staff across both offices.

About JLT Employee Benefits

JLT Employee Benefits is one of the UK’s leading employee benefit providers offering a wide range of benefit and pension services, including administration, actuarial and pension consultancy, investment, Self Invested Personal Pensions (SIPPs) and Small Self Administered Schemes (SSASs) administration, flexible benefits, healthcare, benefit communication and financial education.

JLT Employee Benefits, which through the recent acquisition of Alexander Forbes Consultants & Actuaries, now employs over 2,000 professionals. In 2012 JLT Employee Benefits had revenues of some £146m in the UK.

Pensions and employee benefits companies within the JLT Employee Benefits group of companies include: JLT Benefit Solutions Ltd, Profund Solutions Limited, JLT Wealth Management Limited, JLT Investment Management Limited and Independent Trustee Services Limited. JLT Employee Benefits is part of Jardine Lloyd Thompson Group plc.