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Moving to the cloud? Everything your business needs to know to get started

Moving to the cloud? Everything your business needs to know to get started

21 May 2019

Wade Weirman By 2020, it’s predicted more than 90% of businesses will be using multiple cloud services and platforms, with Australia’s cloud services market alone expected to reach $2.8 billion by 2022.[1] At Bravura, around 70% of our financial services clients are utilising some level of cloud services – from hosting development/test environments, to full production outsourcing... MORE

Four lessons the UK’s pension industry can learn from Australia and New Zealand

Four lessons the UK’s pension industry can learn from Australia and New Zealand

11 April 2019

Natanje Holt Auto-enrolment has transformed the UK’s savings culture in the seven years since it was introduced. By adopting ‘nudging’ principles, the Government hoped auto-enrolment would prevent large swathes of society from facing poverty in retirement. While we have taken big strides towards achieving this, there are several hurdles to clear to ensure everyone in society can... MORE

Is it time for an auto-enrolment for protection?

Is it time for an auto-enrolment for protection?

3 April 2019

Freddie Findlater Auto-enrolment has, arguably, done more to foster a savings culture in the UK than any Government policy has before. With 10 million extra people[1] in the UK now saving into a pension, is it now time to turn our attention to another major issue – closing the country’s protection gap? Astonishingly, nearly two-thirds of us... MORE

5 emerging technologies that will redefine financial services in the next 10 years

5 emerging technologies that will redefine financial services in the next 10 years

28 February 2019

Ron Mullins Technology’s rapid rate of change means that financial services organisations have ever-increasing tools to help them enhance their product and service offerings than ever before. To leverage these new technologies, businesses must start with fostering a culture of innovation within their business. PwC Chief Creative Officer Russel Howcroft in his recent address to the National... MORE

Can Open Banking ease the AML burden?

Can Open Banking ease the AML burden?

20 November 2018

Freddie Findlater “Anti-money laundering is a big thing for any institution. We (at Ascentric) have payments in and out, we have tens of thousands of clients and money going both ways all the time” Sean Hawkins, Strategic Partnerships Manager at Ascentric, noted the above and the overall importance of anti-money laundering (AML) requirements at our recent Open... MORE

Power to the people: Can investors use Open Banking to take control of their finances?

Power to the people: Can investors use Open Banking to take control of their finances?

13 November 2018

Freddie Findlater Today most investors see their financial picture in fragments, with little connection between their short-term savings and longer-term vehicles such as a pension. For many, a financial adviser can play an important role in bringing this together and helping people see a fuller picture of their wealth. However, professional advice is still not necessarily accessible... MORE

Opportunities from Open Banking: Can sharing data allow companies to nudge investors to save more?

Opportunities from Open Banking: Can sharing data allow companies to nudge investors to save more?

16 October 2018

Freddie Findlater As an industry we are fully aware that engaging people with savings, whether that be long or short-term, has always been a struggle. We have been battling for many years to get consumers to understand the need for savings and, while we still have a long way to go, the industry is taking steps in... MORE

How Open Banking could improve the quality of retirement planning advice

How Open Banking could improve the quality of retirement planning advice

27 September 2018

Nick Parsons They say it is never too early to start planning for your retirement and, since pension freedoms opened a range of new opportunities for savers, being sufficiently prepared has never been more important. The decisions that savers make at retirement could shape their income for the rest of their lives. The importance of which advisers... MORE

Open Banking can help transform financial advice

Open Banking can help transform financial advice

20 September 2018

Freddie Findlater Open Banking has ushered in a new era of data sharing that could transform the way we borrow, save and access financial products. While the benefits to consumers have been well trailed, most analysis of Open Banking fails to unpick the potential effects on the financial planning industry. Its arrival comes at a time of... MORE

Open Banking in Financial Services – Where might it go next?

Open Banking in Financial Services – Where might it go next?

10 September 2018

Nick Parsons I was really pleased to welcome participants from investment platforms, financial advisers, and workplace pension providers to our latest technology roundtable, to discuss the opportunities and challenges presented by Open Banking to the financial services market and the financial advice profession. As an industry leading provider of software solutions, Bravura creates and uses technology to... MORE