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

  • 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.



Already a Professional Adviser member?


More on Platforms

Novia chief commercial officer Barry Neilson

Novia's platform cuts 'part of activities to recalibrate the business'

Novia’s CCO weighs in on recent price cuts and the platform’s future

Ayesha Venkataraman
clock 24 November 2022 • 3 min read
Atomos chief operating officer Niral Parekh

Atomos enters strategic alliance with SS&C on new platform service

Offering investments via digitally enabled wrappers

Ayesha Venkataraman
clock 21 November 2022 • 1 min read
Novia Financial to cut platform charges from January

Novia Financial to cut platform charges from January

‘Share the benefit of our increased scale by reducing our standard platform charge’

Ayesha Venkataraman
clock 21 November 2022 • 2 min read