There's no place like home

online financial services

clock

The target audience for online financial services systems has dramatically changed since the Millenium with domestic markets proving more attractive and lucrative than the complex offshore market

The future of online financial services systems was looking bright back in 2000 with virtually every offshore life company and bank having web-based systems under development. But the subsequent market downturn and retrenchment within the offshore industry has left us only marginally advanced some five years later. Initially, the target market was to develop extranets that would allow intermediaries to interface with product providers, and these systems would gradually be expanded to allow private clients to access product information either direct from providers, or via their intermediari...

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 uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •