David Simpson: Is coronavirus the catalyst for change in platform world?

Digital transformation

clock • 4 min read

The platform world has changed a lot over the last decade, writes David Simpson, but the coronavrius pandemic might be the catalyst for rapid change for adviser platforms and increased automation...

The platform market has boomed over the past 10 years. From its origins in fund accumulation, we've seen the launch of new propositions that encompass a wider range of services and specialities, while traditional platforms have increased in scale. Bringing together back-office technology and front office components with people and processes to deliver wealth management propositions has proved extremely successful in gathering assets under administration (AUA) while providing a better service to clients and advisers alike. However, although the market has flourished in terms of the num...

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