Mass market in scope of risk profiling tool

clock

Distribution Technology's newly launched risk profiling tool is intended to fill a gap spotted in the "mass market" as much as meet the needs of advisers with high net worth clients.

Ruth Bowchier, marketing manager, says Distribution Technology (DT) looked at a number of tools from other solutions providers – not named - while researching its own offering, but found that they generally failed on two points: they either required “a certain level of financial acumen”, seen as slightly below the minimum knowledge required to be formally qualified as an adviser, or relied on “self-diagnosis” Bowchier defined the latter as taking various forms, for example, tools not based on questions, but rather offering three to four risk profiles, with clients asked to pick which one...

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 AI advantage in fund selection: Four ways it can support advisers

The AI advantage in fund selection: Four ways it can support advisers

AI agents and the future of fund selection

Patrick Jones
clock 11 February 2026 • 5 min read
FCA urged to provide clearer AI guidance amid review

FCA urged to provide clearer AI guidance amid review

Review to consider impact by 2030 and beyond

Jen Frost
clock 09 February 2026 • 6 min read
Technology and vendor consolidation: A recipe for growth

Technology and vendor consolidation: A recipe for growth

From cost-cutting to strategic simplification

Russell Andrews
clock 02 February 2026 • 4 min read