Exclusive David Ferguson interview: Platform switching activity to rise in 'redefined' market

Ferguson to run Octopus-owned Seccl

Jenna Brown
clock • 3 min read

David Ferguson, the soon-to-be CEO of Octopus-owned Seccl, predicts the platform sector will be “redefined” in the coming years with fewer, purely-digital players dominating the market.

Speaking to PA after his appointment, revealed on 18 January, the founder and former chief executive of adviser platform Nucleus, predicted big changes on how platforms can support advisers and customers with better integration of systems. He said: "The thing I'm obsessed about is how you can use technology to make financial services much better for customers. That has been the thing I have been trying to do for the last 15 years at Nucleus.  "When this opportunity arose it was just ridiculously exciting. This is a really interesting position with really great technology. The line the...

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 Platforms

Aberdeen Adviser launches tool to streamline platform transitions for advisers

Aberdeen Adviser launches tool to streamline platform transitions for advisers

'We are in a race around operational efficiency'

Isabel Baxter
clock 07 July 2025 • 2 min read
Majority of advisers put platform and provider choice down to data provision

Majority of advisers put platform and provider choice down to data provision

‘Advice firms need good data for regulatory compliance’

Isabel Baxter
clock 03 July 2025 • 2 min read
Wesleyan launches 'digital-first' platform for its advisers

Wesleyan launches 'digital-first' platform for its advisers

Powered by SS&C Technologies Holdings

Isabel Baxter
clock 18 June 2025 • 1 min read