EV is a technology company based in the
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...
providing digital, personal finance advice with products that combine actuarial knowledge, asset modelling and risk management. The company maintains its head office in
Benyon House,
Newbury Business Park, Berkshire, with a smaller office in
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
.
History
In February 2021
EValue rebrandedto become known just as EV.
In October of 2020, former FE Director of Sales and Business Development, Gary Wheeler joined EValue as Chief Commercial Officer (CCO).
In May 2017, EValue appointed Paul McNamara as chief executive, replacing Mark Cappell. Paul McNamara was previously Group Chief Executive of IFG Group plc and, prior to his role with IFG, he worked in senior leadership roles for
McKinsey
McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and ...
,
AXA,
HBOS
HBOS plc was a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group, having been taken over in January 2009. It was the holding company for Bank of Scotland plc, which operated the Ba ...
, Standard Life and
Barclays. Paul holds an
MBA
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
from CASS Business School/City University in
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
, where he currently serves as a member of the MBA Advisory Board.
He is a member of the Trustee Board of Addison’s Disease Self Help Group, a Freeman of the City of London and a Liveryman of the Actuaries Company.
On receiving the position, McNamara said "EValue has a dynamic team and is poised to lead in the emerging market for
robo-advice and artificial intelligence solutions."
In April 2018, EValue was part of Empire FinTech Week in
New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
.
Products and technology
The company's flagship products is their Insight Asset Model, a stochastic model for financial forecasting and asset allocation. The company also provides an
API
An application programming interface (API) is a way for two or more computer programs to communicate with each other. It is a type of software interface, offering a service to other pieces of software. A document or standard that describes how ...
to their technology.
The Chief Executive highlighted a key focus for the company was to use technology to help bridge the widening financial advice gap.
In September 2018, EValue launched Fin, a gamified digital assistant to help consumers explore their pension drawdown choices, and thus understand how long their income might last in retirement.
In early 2019, EValue launched a robo-advice service for advisers aimed at clients approaching their retirement.
Recognition and awards
In 2018, EValue was awarded bronze in UK Employee Experience Awards in the category of Employee Engagement – Values & Strategy.
In 2019, EValue was listed in the WealthTech100 as one of the 100 most innovative companies globally by Fintech Global.
References
{{Reflist
External links
EValue websiteEValue on TwitterChief Executive Paul McNamara on TwitterEValue on FacebookEValue on the Companies House
Financial services companies established in 2010
Companies based in Newbury, Berkshire
Software companies of the United Kingdom
British companies established in 2010