FundsNetwork has said it is steadily moving clients to its new platform as it progresses with its re-platforming project.
The Fidelity-owned operation is transferring customers from its proprietary technology to a new Bravura Sonata-powered platform. Last year FundsNetwork told Professional Adviser it would undertake a phased migration of adviser firms, clients and accounts to the new platform, similar to how Ascentric is currently completing its re-platforming project. FundsNetwork also told PA it planned for the migrations to take place outside of normal business and trading hours. The Aviva and Cofunds re-platforming projects, in contrast, involved moving all clients over to their new, respective pl...
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