Advisers hit with Ascentric re-platforming issues

'Lost data-feed'

Tom Ellis
clock • 2 min read

Advisers and their clients have had to deal with a number of issues after Ascentric migrated a significant chunk of users onto its new, Bravura-powered platform.

Informed Choice managing director and financial adviser Martin Bamford told Professional Adviser the firm had lost its data-feed between the Ascentric platform and its back-office provider since clients were re-platformed at the end of November.  Bamford also said clients had been in touch to report access issues to the platform, while some have had multiple accounts wrongly set up. "I can't say any of this has surprised us," he added. "Platform providers should be kept as far away from technology projects as possible." Ascentric head of sales and marketing Justin Blower said: "As wit...

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 Wrap/platforms

Mixed year for platforms as Budget fuelled investor uncertainty

Mixed year for platforms as Budget fuelled investor uncertainty

Advised platform assets totalled £697bn in 2024

Jenna Brown
clock 30 January 2025 • 2 min read
Quilter tops table as most recommended adviser platform in 2024

Quilter tops table as most recommended adviser platform in 2024

Last year's top ten recommended adviser platforms

Jenna Brown
clock 22 January 2025 • 1 min read
Quilter platform delivers record quarterly net inflows of nearly £2bn

Quilter platform delivers record quarterly net inflows of nearly £2bn

Fourth quarter results from Quilter

Jenna Brown
clock 22 January 2025 • 1 min read