Global Management Platform (GMP) is launching a brand new cloud based service for financial advisers and their introducers involved in the pension analysis and transfer process.

This new software product, Sapphire, is a web based solution and allows firms involved in pension analysis and transfers to track the process from the submission of a client information form, to confirmation of fund values and suitability for transfer.

This follows on from GMP’s launch of the Granite software solution. It says Sapphire was developed to plug a gap in the market where financial advisers and introducers previously used paper forms and spreadsheets to control the flow of information.

Sapphire’s first customer, Bob Stark of Portal Financial, said: “We were attracted to the Sapphire system by the ease with which you can manage hierarchical agent structures