'Re:Platforming' - Conclusions from our in-depth survey

Impact on advisers and clients

Tom Ellis
clock • 5 min read

This summer, Tom Ellis - named leading platform journalist of 2017 at last night's UK Platform Awards - carried out an in-depth survey of businesses undergoing 're-platforming' projects. Here are his conclusions

If you visited Professional Adviser over the summer months, you may well have come across the series of ten articles I wrote examining the ‘re-platforming' process currently being undertaken by seven adviser platforms and which sees around half of the market's assets in transition. In the process of analysing how this trend would affect platform costs across the market and why proprietary technology appears to be going out of fashion, I uncovered Aviva's plan to limit functionality for a time as well as the extent of project delays and - predictably enough - the overflowing costs. To ...

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 Wrap/platforms

Schroders UK Platform Awards 2025: Entry closing date fast approaching!

Schroders UK Platform Awards 2025: Entry closing date fast approaching!

Shortlists will be published in early July

Professional Adviser
clock 05 June 2025 • 1 min read
Parmenion group operating profit rises to £17.5m in 2024

Parmenion group operating profit rises to £17.5m in 2024

Platform’s flows doubled during the 12 months to 31 December

Jenna Brown
clock 03 June 2025 • 2 min read
Andrew Goodwin: Five basic principles for choosing a platform

Andrew Goodwin: Five basic principles for choosing a platform

Identifying a platform with staying power

Andrew Goodwin
clock 27 May 2025 • 4 min read