Distribution Technology sees further IT consolidation

clock •

The next 12-18 months should see the industry move towards deals that tie up different front-end systems to create single point-of-sale solutions for intermediaries, says Ben Goss, managing director of Distribution Technology.

Existing research suggests, for example, use of asset allocation tools has increased by 100% in the past year, Goss says. “It’s really a sign of how things are changing in the front office.” Subsequently, Goss sees the typical use of eight or nine different front-end software products being joined up to create the single POS offering. This does not necessarily mean consolidation will come through acquisitions. Distribution Technology (DT) product Dynamic Planner, for example, is being integrated with Sirius Financial System’s back office solution to produce a one-stop solution p...

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

'Fool's gold' warning as more than half of consumers embrace AI for decision-making

'Fool's gold' warning as more than half of consumers embrace AI for decision-making

AI is increasingly shaping the future of financial services

Laura Miller
clock 17 September 2026 • 2 min read
Can investors with ethical considerations really avoid AI?

Can investors with ethical considerations really avoid AI?

Why it's complicated to avoid AI in investment

Ian Aylward
clock 16 September 2026 • 4 min read
Anthropic rolls out Claude for US financial advisers

Anthropic rolls out Claude for US financial advisers

Has ‘ready-made’ workflows, follow-ups, CRM updates and compliance checks

Sophia Panayi
clock 15 September 2026 • 2 min read