Industry Challenges

Why do 4 out of the Top 10 IFA Firms in the UK work with SSP?

There are lots of reasons of course, but one of the most important factors is this:

We believe that simple is better than complex. Every time.

In the complex financial world we live – & work in, we believe that it’s much better business to make things simpler for you. Funnily enough, we do this in a really simple way. SSP is here to remove your IT burden & replace the pressure points of everyday business with total peace-of-mind. So… how do we do this? That’s simple too. We run your entire financial services business, giving you complete control over your company & all your clients’ financial needs, for both today… & post the RDR in 2012.

Most adviser firms now have a clearer view of their RDR compliant business models. Having mapped a route to Level 4 qualification for their advisers, they are now turning their attention to the running of the business & increasing administration efficiency. Firms are realising that the administration of the business is not what is giving them competitive advantage & that processes in the back office & front office need to become industrialized, & repeatable, in order to reduce the cost of service.

At SSP, we’ve been working on providing solutions to meet the RDR delivery challenge, addressing the ten key attributes of building a successful advisory firm:

• Increasing fee revenue
• Efficient processes
• Delivering long term financial planning
• Client & service segmentation
• Embracing technology
• Access to capital
• High RI productivity
• Strong client relationships
• Clear communication
• Developing a strong business strategy

Each of these attributes will need to be underpinned by technology to deliver the outcomes. iSwift has been designed with these principles in mind to allow our customers to make a smooth transition to a successful post RDR environment.