Mark Polson: Why 2018 was a tipping point for the platform sector

Five-point trust manifesto for providers

clock • 5 min read

2018 will best be remembered as the year that re-platforming broke, writes Mark Polson - or possibly the year that broke re-platforming

This has been the biggest year in platforms since the Retail Distribution Review. We have had four IPOs plus the arrival of MiFID II, PROD and the Investment Platforms Market Study Interim Report - all on top of greater market volatility than we have seen for many a year. Yet 2018 will best be remembered as the year that re-platforming broke, or possibly the year that broke re-platforming. With several platforms undergoing largescale, multi-year tech projects, re-platforming has been an ongoing theme for the industry, but 2018 was a definite tipping point. This year the lang cat's Advise...

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