GDPR drives advisers to adopt new technology - Intelliflo

359 new customers in 2018

Hannah Godfrey
clock • 1 min read

The General Data Protection Regulation (GDPR) introduced last year was a significant driver for advisers to adopt new technology to help them with compliance requirements, according to Intelliflo.

The back-office software provider's Personal Financial Portal (PFP), which is available to all users and allows advisers to exchange messages with customers in a secure way, has been available since 2015. And since the introduction of the GDPR rules on 25 May 2018, the firm said, more advisers have been engaging with customers through the portal, with a 68% increase in registration to the portal last year. GDPR and financial advice: Consent for marketing Additionally, Intelliflo increased its client base for its Intelligent Office software by 359 firms in 2018, while more than half...

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 Your profession

March 2024: Month in review with deputy editor Jenna Brown

March 2024: Month in review with deputy editor Jenna Brown

Take a look at some of the news and feature highlights of the last month

Jenna Brown
clock 28 March 2024 • 5 min read
Wren Sterling adds £265m in client assets in latest deal

Wren Sterling adds £265m in client assets in latest deal

First advisory firm purchase of 2024 for national financial planner

Jenna Brown
clock 28 March 2024 • 1 min read
Consumer Duty Alliance looks to attract advice industry talent

Consumer Duty Alliance looks to attract advice industry talent

New Talent Alliance will be chaired by M&G Wealth Advice MD Tom Hegarty

Isabel Baxter
clock 27 March 2024 • 2 min read