IntegraFin Holdings PLC on Tuesday said the company is on track for long-term growth following strong quarterly performance.

The London-based operator of the investment platform Transact said closing funds under direction, in third quarter that ended on June 30, rose 14% to £62.42 billion from £54.61 billion the previous year.

Average daily FUD reached a record £61.44 billion, up 13% from £54.29 billion.

Net flows increased 6.8% to £659 million from £617 million.

The company ended the quarter with 234,084 clients on the platform, 1.9% ahead of 229,659 previously.

Chief Executive Officer Alex Scott said: ‘We continue to organically grow our adviser and client numbers... This underlines our long-term track record of organic growth on the platform and is testament to our high-quality service and the wide range of platform functionality.’

IntegraFin shares were down 0.8% to 367.00 pence each in London on Tuesday morning.

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