Super wraps - not all they're cracked up to be

Apparently Anthony Badaloo of Church Hill Finance believes that so-called super wraps (revved up back office systems) will come to eliminate wraps in the near future. My perspective on this is that the back office system providers have done an immense job in trying to resolve the technology problems created by the UK life and pensions sector (and to some extent various regulators) over the last twenty years but to suggest they are able to function as wrap platforms is absurd. I see any convergence of technology being driven from the other side. While back office systems are effectively st...