This summer, Tom Ellis - named leading platform journalist of 2017 at last night's UK Platform Awards - carried out an in-depth survey of businesses undergoing 're-platforming' projects. Here are his conclusions
If you visited Professional Adviser over the summer months, you may well have come across the series of ten articles I wrote examining the ‘re-platforming' process currently being undertaken by seven adviser platforms and which sees around half of the market's assets in transition. In the process of analysing how this trend would affect platform costs across the market and why proprietary technology appears to be going out of fashion, I uncovered Aviva's plan to limit functionality for a time as well as the extent of project delays and - predictably enough - the overflowing costs. To ...
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