'We couldn't stand still': Ascentric launches enhanced client reporting

'We couldn't not do this'

Tom Ellis
clock • 2 min read

Ascentric has launched an enhanced client reporting feature on its platform, explaining it "could not stand still" while it continues its re-platforming project.

The launch of its new feature also comes less than two months before the Markets in Financial Instruments Directives II (MiFID II) legislation, which Professional Adviser understands has troubled platforms and stagnated platform development across the market, comes into effect. Ascentric is also in the midst of a long-term re-platforming move from proprietary technology to Bravura Sonata. Its project has so far cost more than £44m. Ascentric head of marketing Sarah Lyons said its proposition could not stand still until the new platform launched. "Re-platforming has been a journey f...

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 Wrap/platforms

Poor platform service 'significantly' affects 54% of advisers

Poor platform service 'significantly' affects 54% of advisers

Exclusive: Down from 80% the previous year

Jenna Brown
clock 02 December 2025 • 2 min read
Mark Sanderson: Getting to the point of platforms

Mark Sanderson: Getting to the point of platforms

'Platforms are there to serve investors'

Mark Sanderson
clock 28 November 2025 • 4 min read
How is tech changing platform asset migration?

How is tech changing platform asset migration?

'Every transfer should be compliant, transparent, and in the client's best interest'

Tom Mullaly
clock 17 November 2025 • 4 min read