Platforms Where is the market going? Adviser lead Platforms: - PowerPoint PPT Presentation

Platforms Where is the market going?

Adviser lead Platforms: Current state of affairs • c. £530 billion of assets • 23 platforms • Corporate Activity • Nucleus & Transact IPO • AJ Bell confirmed for December • Aegon & Cofunds • Standard Life & Elevate • This will lead to more re-platforming

Platform Technology Upgrades • Currently ongoing • AEGON Cofunds - (GBST) • Aviva – (Bravura to FNZ) • Known upgrades pending • Old Mutual (IFDL to FNZ) • Funds Network & Ascentric – (Bravura)

Platform Technology: In focus AUM by Technology provider • 23 platforms 200 Billions 180 185 • 11 unique providers of 160 140 145 platform technology 120 111 100 80 • 83% of assets sit with the 60 Big 3 40 32 20 26 1 2 5 8 8 10 - • Only 6 platforms use proprietary technology