It’s awards season and not just for the world of entertainment. I was lucky enough to be at the PA Awards 2020, held in London on 6 February, when the great and good of the financial advice industry received accolades for jobs well done.
It’s awards season and not just for the world of entertainment. I was lucky enough to be at the PA Awards 2020, held in London on 6 February, when the great and good of the financial advice industry received accolades for jobs well done.
How you handle and process client data can make or break your firm. Get it right and you can improve your fact finding efficiency, streamline your advice process and improve the overall productivity of your firm.
An eye-watering three trillion pounds is lost globally to fraud each year, accounting for 7% of organisations’ annual expenditure. It’s perhaps then no surprise to learn that Money Laundering techniques evolve at a worrying rate, and as such, regulations and directives designed to prevent them must follow suit.
Hamish Purdey, Intelliflo's CEO, was interviewed as part of Asset TV's March regulatory round-up, focusing on how Brexit could affect the regulatory landscape and how technology is helping the financial services industry to be compliant.
Nick Eatock, Intelliflo’s executive chairman, was recently interviewed by Asset TV about the far-reaching consequences of technology in financial services and, more specifically, financial advice.
The concept of big data is nothing new and it has been discussed in the financial services space for many years, being poured over at conferences as banks and intermediaries alike have grappled with all of the data that they house, how they can monetise it and how they can use it to improve their businesses. But, practically, what does it mean for your financial advice business and how can back office technology help?
We are all well versed in using apps – they add capability to our smart phones, tablets and televisions. Installing an app boosts the functionality that is available to us, be it having a weather forecast to hand, playing a game to kill five minutes on the train, messaging friends or checking the football scores. And the beauty of this is that it is a very unique thing. Whilst several of the people you know might have the same phone as you, it is unlikely that they have the same set of apps as you, so bespoke is your user experience.
Like it or not, the financial planning industry is experiencing a period of increased regulation, whether it’s through the Retail Distribution Review (RDR), MIFID II or the new changes to DB pension transfers.
Were you ever curious about a person and looked him or her up online? You might’ve come across his or her social media accounts, personal website, pictures and work. While doing this casual research, did you notice that you were beginning to develop an opinion or understanding of who that person is and what he or she is all about?
Open architecture is a philosophy that we have always subscribed to. In the financial advice profession it is usually attributed to platforms who work with the entire fund management industry. With technology playing an increasingly prevalent role in our industry, however, the phrase ‘open architecture’ has a much wider connotation and is now itself playing a more prominent role in the discussions we have with clients, colleagues and advice firms.
