Tim Thompson-Rye: Data - advice firms' most valuable asset

Business gains, client gains

clock • 4 min read

Progeny's Tim Thompson-Rye shares his enthusiasm for data and explores the opportunities that leveraging this most valuable asset can bring...

Think about the most valuable asset in your company. A number of possibilities will probably spring to mind, but I'd argue that it's most likely to be your data. In a world of increased digitisation, data is the essential foundation of digital transformation. Without data, nothing digital can be achieved at any kind of scale. Data powers every process, every scaled experience we might want to create, and every interaction. This is also why personal data is so prized by cyber-criminals as an easily monetised commodity. We therefore must take our data seriously on all fronts. In so m...

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 Technology

The real test of AI? Who gains access to advice

The real test of AI? Who gains access to advice

Not everyone needs the same advice

Alistair Morgan
clock 30 October 2026 • 4 min read
AI volatility is a reminder that diversification is more than just fund count

AI volatility is a reminder that diversification is more than just fund count

'Nobody knows with certainty what happens next regarding AI'

Louis Hutchings
clock 29 October 2026 • 4 min read
Fintel names exec chair as it buys Mortgage Brain in £38m deal

Fintel names exec chair as it buys Mortgage Brain in £38m deal

Has held a stake in the mortgage technology business since 2024

Jen Frost
clock 23 October 2026 • 2 min read