Miranda Seath

The Big Interview: Discus’s Gillian Hepburn on platforms’ responsibility to help orphan clients

Embark Group’s head of strategic partnerships and Discus co-founder Gillian Hepburn on why the FCA is right to challenge the market on orphan clients This week’s interviewee is Gillian Hepburn, head of strategic partnerships at Embark and co-founder of DFM consultancy Discus. As we meet, the interim findings of the FCA’s platform market study have […]

Platforum head of intermediary research Miranda Seath

Powering the platforms: How IFDS is going for scale

International Financial Data Services has its roots in mutual fund administration and is jointly owned by State Street and DST Systems. The technology company, headquartered in Essex, has a 20-year pedigree in fund administration in the UK managing some £600bn in mutual fund assets. In the UK platform space, IFDS currently provides technology to Cofunds […]

Platforum head of intermediary research Miranda Seath

Powering the platforms: Enlisting in SEI’s ‘platform bootcamp’

This week’s look at the technology behind the platforms focuses on SEI, the Philadelphia-based firm that powers True Potential, Fusion and Towry’s offerings in the UK. SEI’s model and approach differs from the technology firms powering the adviser wrap platforms: Bravura, FNZ, GBST and IFDS. It is familiar to many because of its trading, custody […]

Platforum head of intermediary research Miranda Seath

Powering the platforms: Why Transact prefers in-house technology

To use chief development officer Jonathan Gunby’s terminology, Transact is a “compulsive insourcer”. It runs its own life companies, nominee and custodian and has also designed its own end-to-end system. This comprises the main administration system Transact online and an illustration system. The Australian technology company behind the development of these systems, Integrated Applications Development […]

Platforum head of intermediary research Miranda Seath

Powering the platforms: Bravura’s global ambition

This week we are changing tack slightly to look under the bonnet at the technology providers that power the major adviser platforms, starting with Bravura. While many adviser platforms are opting to move from proprietary to outsourced technology, we are agnostic on whether they should keep technology in-house or outsource. While this series will see […]

Platforum head of intermediary research Miranda Seath

Platform focus: The critical difference for Zurich’s platform

This week we take a look at Zurich’s intermediary platform proposition, which the Swiss insurer launched in 2013. The platform has a mix of workplace and advised assets on it, with 89 per cent sitting in the pension wrapper. Assets under administration stood at £17.1bn in Q1, growing by 4.3 per cent quarter-on-quarter. The Zurich […]

Platforum head of intermediary research Miranda Seath
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Platform focus: White elephants and the future for Standard Life/Elevate

Devotees of financial services and the twittersphere cannot have failed to notice Standard Life is celebrating the 10-year anniversary of its wrap. The recent announcement of the group’s acquisition of Axa Elevate offers an opportunity unprecedented in this decade long history. This week, we look at the implications of the acquisition and what lies ahead […]