Technology should take out the cost and hassle of platforms and adviser back-office integrations, says Paul Pettitt - in the process, leading to better outcomes for advisers and consumers
Integration is one of the key differentiators for platforms and adviser software systems. The benefits of joined-up systems and platforms have been enjoyed for many years. For an adviser and their paraplanner to open an account with a platform via their back-office system, collect and analyse historic transactions, reconcile remuneration and, at a click of a button, receive real-time valuations - integrations have made processes very slick and secure. Origo calls for industry standards to speed up DB transfer process Not only can data be passed quickly and seamlessly between platfo...
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