Ascentric has launched an enhanced client reporting feature on its platform, explaining it "could not stand still" while it continues its re-platforming project.
The launch of its new feature also comes less than two months before the Markets in Financial Instruments Directives II (MiFID II) legislation, which Professional Adviser understands has troubled platforms and stagnated platform development across the market, comes into effect. Ascentric is also in the midst of a long-term re-platforming move from proprietary technology to Bravura Sonata. Its project has so far cost more than £44m. Ascentric head of marketing Sarah Lyons said its proposition could not stand still until the new platform launched. "Re-platforming has been a journey f...
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