Kirsty Worgan: Modernising tech - or 'Why doing nothing is dangerous'

Aim for digital transformation

clock • 4 min read

With so much now bound up in IT, writes Kirsty Worgan, it is essential to make the right decision - so consider not just the short-term costs involved in investing in your technology but also the long-term benefits it can bring

Ageing technology is an issue for many firms, as companies face the twin challenges of high running costs and escalating operational risks. Additionally, implementation of new technology can be a time-consuming process that can lead to further expenditure. As a result, many decision-makers rightly engage in a thorough due diligence process before deciding to invest in technology. Technology, however, as an enabler for business transformation and innovation, is fundamental for change. At a macro level, businesses across the globe are impacted by technology and many are in the process of ‘...

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

Warnings sounded as OpenAI launches US-based financial planning tool

Warnings sounded as OpenAI launches US-based financial planning tool

UK regulatory standards ‘remain strict’

Jenna Brown
clock 21 May 2026 • 2 min read
Timeline unveils AI assistant for advisers

Timeline unveils AI assistant for advisers

Launches Pennee and adds third-party DFMs to platform

Isabel Baxter
clock 14 May 2026 • 2 min read
HMRC signs £175m ten-year AI and sovereign data deal

HMRC signs £175m ten-year AI and sovereign data deal

Quantexa selected by HMRC

Jenna Brown
clock 14 May 2026 • 2 min read