True Potential announces in-house rebuild of pensions and investment platform
True Potential has ended its partnership with SEI and is developing its investment and pensions platform with a complete in-house rebuild, giving the firm full ownership and control.
"This opens up powerful opportunities for the platform moving forward."
To best prepare for the upgrade, True Potential’s team have been working behind the scenes since the end of 2016 to design, build and subsequently test the new platform.
Daniel Harrison, senior partner at True Potential, said: “This opens up powerful opportunities for the platform moving forward. It will allow us to use our award-winning technology expertise to meet the needs of today’s advisers and clients in the agile and forward-facing fashion we have become renowned for.
“It also allows us to harness new technologies to both future proof our platform and boost our efficiency and reconciliation engines, giving all involved an accurate and expedient investment experience.
“Parallel systems have been operating alongside the current platform, to ensure accuracy of data flow. This will include operating a ‘model office’ approach and involve the management team personally investing their own funds onto the platform.”
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