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

AJ Bell signs up to The Platforms Association's transfer charter

AJ Bell signs up to The Platforms Association's transfer charter

After being missed off TPA’s initial list

Sophia Panayi
clock 28 September 2026 • 1 min read
Big players give The Platforms Association's transfer charter a miss

Big players give The Platforms Association's transfer charter a miss

AJ Bell and Parmenion choose not to sign up

Sophia Panayi
clock 25 September 2026 • 2 min read
Most platforms sign up to transfer charter

Most platforms sign up to transfer charter

Signatories include Benchmark, Fidelity International and Quilter

Sophia Panayi
clock 17 September 2026 • 3 min read