Tech review: More data than you can possibly imagine

TECHNOLOGY

clock

Professional Adviser's resident tech guru Mark Polson reviews Fastrak, the new service from Sprint Enterprise Technology, which could make the job of building client reports far easier...

A bit of research last year from JP Morgan showed that clients would pay on average £351 for a financial plan, or £256 for a pensions-only effort. With the average time cost of a report at least twice that for many advisers, this is an area ripe for efficiency gains. Our subject this week thinks they have the very thing. Fastrak from Sprint Enterprise Technology is a new service designed to help advisers build portfolios, maintain and review them, and reflect them in client reports. Its founder, Gary Shepherd, told me that currently, he finds advisers using three or four different ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Growing technology use increasing adviser and client pressure

Growing technology use increasing adviser and client pressure

Nearly all advisers say investment clients have become more demanding

Isabel Baxter
clock 16 April 2024 • 1 min read
How advisory firms can tackle evolving financial crime challenge

How advisory firms can tackle evolving financial crime challenge

Digital defences must adapt to preserve adviser market integrity

Ian Stott and Babar Hayat
clock 11 April 2024 • 5 min read
Small advice firms urged to build a 'technology network'

Small advice firms urged to build a 'technology network'

‘IFAs should build a technology network within their professional one’

Isabel Baxter
clock 04 April 2024 • 2 min read