In a commoditised world, a platform is just another bit of kit, argues Tim Sargisson - so, if you are prepared to pay for a licence for a back office, why not build or license your own platform?
My previous two blogs both focused on platforms. In May, I looked at the FCA's concerns about platforms and then, last month, I questioned how platforms continued to demonstrate being fit-for-purpose. This time, I want to look at the future landscape for platforms - and before we see the consequences of the FCA's Investment Platforms Market Study, announced earlier this week. It was the late, great Henry Ford who said: "If I had asked people what they wanted, they would have said faster horses." And if the early pioneers of platforms had asked the average adviser what they wanted, what o...
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