iPipeline has completed its acquisition of Origo after receiving all required regulatory approvals, including clearance from the Competition and Markets Authority.
The deal brings together two technology businesses that provide services connecting advisers, providers and other financial services firms.
iPipeline provides digital technology to the life insurance and financial services sectors, including systems supporting processes from quotation through to commission. Origo provides technology and connectivity services across the UK financial services market.
The acquisition will also expand iPipeline's presence in the UK wealth and retirement sector.
Origo and Unipass will continue as iPipeline companies following completion of the transaction. iPipeline said existing services and solutions will remain available during the transition.
Pat O'Donnell, chief executive officer of iPipeline, said: "As financial services organisations face growing pressure to modernise operations and deliver seamless customer experiences, the ability to connect people, processes and information has become increasingly important.
"Origo's expertise in trusted connectivity aligns closely with iPipeline's strengths - enhancing our ability to help customers reduce complexity, improve collaboration and operate more effectively."
Rachel Edwards, managing director, UK & Europe at iPipeline, said: "This acquisition brings together two organisations that share a common belief; the best innovation comes from working closely with customers and helping the industry solve real challenges."
"By combining Origo's trusted connectivity capabilities with iPipeline's technology, we have an opportunity to create a more connected ecosystem that simplifies interactions, supports growth and delivers better experiences for the firms and customers we serve."
Anthony Rafferty, chief executive officer of Origo, added: "Origo has always focused on making it easier for firms to connect and work together. Joining iPipeline allows us to build on that mission while maintaining the transparent, collaborative approach our customers value.
"We have an opportunity to strengthen the services our customers rely on today while helping drive greater efficiency and innovation across the industry."
