Investment manager Marlborough said the MPS was a result of a collaboration with Clever, a specialist provider of quant-driven solutions.
The MPS uses Clever's proprietary fund selection and monitoring system - the CleverEngine - to analyse millions of pieces of fund performance data and make "rational switching recommendations".
Marlborough's team of portfolio managers and analysts provide "due diligence and oversight" before the recommended trades are signed off and executed, the businesses explained.
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Clever founder and chief executive Colum Wilde said: "The power of advanced quantitative technology and data science is becoming more and more important to advisers and their clients.
"One of the key reasons for this is the increasingly rapid velocity of the markets, which are now moving to a rhythm that many investment processes simply are not geared to reflect.
"We strongly believe the Clever Marlborough MPS is a game-changer in this regard. It supports our vision of providing cutting-edge solutions that lead to consistent performance and excellent outcomes for investors."
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The MPS uses an array of criteria to "sift, score and rank" more than 4,000 funds every month. Clever's customers have been able to use the service since August last year, and it will shortly be made available to all UK financial advisers.
Marlborough chief investment officer Sheldon MacDonald said: "With our team's expertise and the power of Clever's technology, we are confident this service will be a great success.
"There is no doubt that the investment landscape is changing at pace. We are confident that the Clever Marlborough MPS reflects its evolution, which is why we are very excited about this launch."