Platforms are here to stay: Using the right tech for the right problem

'It's knowing how to adapt and thrive that's key.'

clock • 4 min read

In the platform world, it is imperative to use the right type of technology for the right problem. Andrew Smith shares his insight...

The platform era began back in 2000, which, if you think about it, is a long time ago. Kylie Minogue's Spinning Around was number 1, Toy Story 2 was the highest-grossing film and Tony Blair was PM. Perhaps it's no wonder then that people are asking if today's platforms are still up to the job. Naturally, I'd say they are. But you might want to know why. Twenty years ago, the idea was to provide advisers and planners with a common set of services to put their clients' assets in one place, enabling them to save time, reduce costs and create a better experience for their clients. T...

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 Platforms

7IM platform net sales hit £540m amid 'major transformation'

7IM platform net sales hit £540m amid 'major transformation'

Total advised AUM up 18% to £17.4bn

Isabel Baxter
clock 23 October 2025 • 2 min read
Nucleus' Third Financial extends Titan Wealth deal to launch adviser as a platform service

Nucleus' Third Financial extends Titan Wealth deal to launch adviser as a platform service

As part of its wealth planning arm

Isabel Baxter
clock 16 October 2025 • 2 min read
'More competition' for platforms to be chosen by consolidators

'More competition' for platforms to be chosen by consolidators

FCA’s advice/guidance boundary review also a big theme

Isabel Baxter
clock 18 September 2025 • 5 min read