Platforms prioritising growth but process efficiency 'must come first'

‘Growth without operational readiness carries risk'

Isabel Baxter
clock • 2 min read

Platform businesses are prioritising growth but process efficiency "must come first", The Platform Association has said.

Its Platform Horizons report found that platform businesses are united by a desire to grow, with just more than 50% mentioning growth, scalability and capacity improvements as their primary strategic focus. The Platform Association noted that while growth is the priority, "process efficiency must come first, as growth without operational readiness carries risks". These risks include amplifying inefficiencies, embedding operational drag, and the potential for poor client service as a result, the report highlighted. Below from the report illustrates the extent of variation in onboard...

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

Transact cuts platform costs in updated pricing approach

Transact cuts platform costs in updated pricing approach

Family linking policy will be extended to more members from April

Isabel Baxter
clock 15 January 2026 • 2 min read
Are advisers becoming 'numb' to poor platform service?

Are advisers becoming 'numb' to poor platform service?

Findings from Parmenion and The Lang Cat’s The Impact of Poor Platform Service report

Isabel Baxter
clock 11 December 2025 • 1 min read
Foster Denovo expands platform deal with Nucleus' Third Financial

Foster Denovo expands platform deal with Nucleus' Third Financial

Third Financial was acquired by Nucleus last year

Sahar Nazir
clock 01 December 2025 • 2 min read