E-commerce in the marketplace

technology

Cost and time savings are the main attraction of technology spend for product providers but these also help them develop closer links to intermediary businesses

Last year was an exceptionally busy one for many providers and technology suppliers keen to extend their e-commerce and technology support offerings for advisers. While no industry-wide statistics are available to put a figure on the total investment, the fact so many companies launched new products and services in the past 12 months is ample evidence of the growing importance of the role of technology in the adviser marketplace. The reason for the rapid acceleration in technology-related support is one major fundamental: cost. While improved servicing and business efficiency are welco...