Tom Ellis: What would an FNZ takeover of GBST mean for platforms and advisers?

Re-platforming has without doubt been the most disruptive activity in the platform space in recent years. When adviser platforms have tried to shift their underlying technology from one provider to another, it has caused havoc for the advisers, paraplanners and administrators who are simply trying to service their clients.  Now, however, as the usual re-platforming suspects iron out their issues and Old Mutual Wealth readies itself to embark, finally, on its mammoth migration, the spotlight needs to be retrained onto the businesses that stand behind, or perhaps beneath, these re-platform...