Terry Huddart: Full STP on platforms is a matter of when, not if

Straight-through processing

clock • 4 min read

The failure of advised platforms to operate full straight-through processing is preventing advice firms from fully digitising their client proposition, argues Terry Huddart - yet it can be done and advisers know it

Across advised platforms - and despite growing demand from advice firms and consumers alike - there is variable support for straight-through processing (STP). Digitisation is on the rise among advisers, yet our latest research finds that platforms remain unable to provide genuine STP that meets the needs of advisers and their clients.  In our latest quarterly platforms market scorecard, we teamed up with NextGen Planners and reviewed 15 adviser platforms to assess processes such as setting up investment and pension products, topping them up and making withdrawals from them. The resear...

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

Clive Waller on platforms sector change and a new sponsor for the Vanguard UK Platform Awards

Clive Waller on platforms sector change and a new sponsor for the Vanguard UK Platform Awards

The Vanguard UK Platform Awards in association with The Platforms Association

Clive Waller
clock 04 March 2026 • 2 min read
Vanguard to sponsor UK Platform Awards

Vanguard to sponsor UK Platform Awards

Professional Adviser continues as media partner

Professional Adviser
clock 04 March 2026 • 1 min read
Perspectives on platforms and progress – past, present and future

Perspectives on platforms and progress – past, present and future

'Platform providers need as much input as they can get if they want to stay ahead of the curve'

Steve Andrews
clock 19 February 2026 • 4 min read