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

Discretionary manager Lulworth Investment Partners links with Third Financial

Discretionary manager Lulworth Investment Partners links with Third Financial

Providing custody and platform services

Jenna Brown
clock 23 September 2026 • 2 min read
Vanguard UK Platform Awards 2026: Full list of winners revealed!

Vanguard UK Platform Awards 2026: Full list of winners revealed!

See who took home a trophy at last night’s ceremony in London

Professional Adviser
clock 23 September 2026 • 2 min read
Professional Adviser news editor honoured at UK Platform Awards

Professional Adviser news editor honoured at UK Platform Awards

Isabel Baxter scoops Leading Platform Journalist

Professional Adviser
clock 23 September 2026 • 1 min read