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...
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