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 prima...

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

Single pane of glass: Unifying communication supervision across channels

Single pane of glass: Unifying communication supervision across channels

Consolidates communications from multiple channels into a single, real-time dashboard

David Clee
clock 07 May 2025 • 4 min read
PA360: AI 'here now' and transforming adviser workflows

PA360: AI 'here now' and transforming adviser workflows

‘AI is not coming for your jobs’

Sahar Nazir
clock 01 May 2025 • 2 min read
AI tech providers see advice firm client numbers swell

AI tech providers see advice firm client numbers swell

Adviser tech providers reveal how AI is driving efficiency, scalability, and personalised service

Sahar Nazir
clock 30 April 2025 • 4 min read