OMW promises advisers 'richer proposition' following platform tech switch

Switched from IFDS to FNZ

Hannah Godfrey
clock • 2 min read

Old Mutual Wealth (OMW) has promised advisers more features and better functionality at less risk following its platform's switch from IFDS to FNZ.

The provider said the FNZ platform would offer advisers a "plethora" of other features and functions, such as access to ETFs, investment trusts, junior ISAs, and cash accounts. Chief executive Paul Feeney (pictured) said: "[FNZ has] a much richer proposition for advisers and a far lower risk to delivery, at the same time our advisers still keep the advantages of all the other stuff that we provide - our customer service, our financial adviser support, our tools, our front end functionality, our wrappers, all remain. They keep all that and they get extra, quicker service and for lower ris...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Technology

DeepSeek sends US tech stocks spiralling but investors remain optimistic about AI

DeepSeek sends US tech stocks spiralling but investors remain optimistic about AI

'By no means the end of the party for AI’

Sorin Dojan
clock 28 January 2025 • 2 min read
Tokenisation faces cyber and regulatory risks despite 'many benefits' for implementation

Tokenisation faces cyber and regulatory risks despite 'many benefits' for implementation

Investor education also a concern

Sorin Dojan
clock 23 January 2025 • 2 min read
XPS survey finds most fund managers use 'some form of AI' to bolster business efficiency

XPS survey finds most fund managers use 'some form of AI' to bolster business efficiency

Half use AI to boost business processes

Sorin Dojan
clock 11 December 2024 • 3 min read
Trustpilot