Technology

Platform Cofunds has appointed Jim Clay, formerly of SEI, as business development manager.

Ten of this week's best-read stories...

Andy Reid, a British Army Corporal who suffered severe injuries serving in Afghanistan in 2009, has been named as the headline speaker at Ascentric's annual conference. Ascentric has unveiled details of its third annual conference which will explore...

Zurich has pledged its new platform will focus solely on the intermediary sector and will not target adviser clients like other "predatory" players entering the B2C space.

Openwork has announced it will launch its own wrap platform powered by Investment Funds Direct Limited (IFDL).

Fidelity Worldwide Investment has appointed Mark Till as head of UK direct business as it looks to ramp up its activities in the execution-only market.

This week Mark Loosmore of AT8 Group spoke to Sesame Bankhall (SBG) about its different approach to automating training and competence (T&C) processes.

Cofunds is about to sign an execution-only deal with a bank as the platform looks to gain further traction in the investor space.

Advisers have been warned customers may drift away from them and question the value of their service if they use just one platform.

The European Commission's draft Markets in Financial Instruments Directive (MiFID) II would, if implemented, ban platforms from issuing fees to discretionary fund managers (DFMs), which would have to come direct from clients.