TISA to develop open standards to share people's investment data

13 member firms to oversee project

Tom Ellis
clock • 1 min read

The Tax Incentivised Savings Association has launched a project to develop what it called an 'Open Savings & Investment solution' in order to allow UK savers to "more easily control their key holdings and valuation data".

The association said the project's vision is to see financial services firms release their customers' data in a secure, standardised form so it can be shared easily between those businesses and with their clients. It said the project covers all consumer savings and investments, including ISAs, pensions, bonds, GIAs, insurance products and any other non-banking assets. Some 13 members of TISA have agreed to join a committee to oversee the project. These include Bravura, FNZ and GBST, which provide the majority of the adviser platform market with technology, as well as other financial serv...

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

Saturn targets £800 advice journey with AI operating system

Saturn targets £800 advice journey with AI operating system

‘Project OS’ set to launch in September

Isabel Baxter
clock 24 July 2026 • 2 min read
Why advisers must warn divorcing clients about AI-generated assumptions

Why advisers must warn divorcing clients about AI-generated assumptions

‘The risks can be particularly serious where significant wealth is involved’

Simon Bassett
clock 20 July 2026 • 3 min read
Tony Wilkinson: The AI infrastructure boom is real

Tony Wilkinson: The AI infrastructure boom is real

'AI is no longer primarily about models and applications – it is about power and long-duration capital commitments'

Tony Wilkinson
clock 13 July 2026 • 6 min read