Two-thirds of Adviser Office (AO) users will "definitely" be moving business online, according to a survey of some 500 intermediaries carried out by AO developer 1st Software.
Almost one in five (18%) say they will do so in the next month, 1st reports – incidentally a timeframe which includes the expected launch of Adviser Evolution, as first outlined in November last year.
According to the research, the three main drivers of ecommerce are fund updates (56% of respondents), asset analysis (60%) and e-commission services (54%).
Skandia and Standard Life polled highest on the question of which providers were “most important to your organisation in terms of adopting their ebusiness links”
Rory Curran, executive chairman of 1st, says developments over the past two years suggest those companies that have made the move to ecommerce are making significant time and cost savings.
Additionally, the work done by the industry’s Adviser E-Enquiry group is “bringing rewards not just for advisers but importantly, for the industry as a whole,” he says.
If you have any comments you would like to add to this story or would like to speak to its author about a similar subject, telephone Jonathan Boyd on 020 7484 9769 or email [email protected].IFAonline
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