UK PLATFORM AWARDS 2023

Schroders UK Platform Awards


This year, the Schroders UK Platform Awards dinner will be held on 19 September at the London Hilton on Park Lane. This will be the 17th platform awards ceremony. Once again, we will celebrate the very best of platforms and technology in retail investment and financial planning. The wonderful Kate Silverton will host the event for the 14th year running.

Thank goodness, platform upgrades are no longer the nightmare that kept so many platform people awake at night. Today’s main issues are adviser platforms and microservices. As we see more consolidation in the adviser arena, more are tempted to go the whole hog and become their own platform manager or maybe just opt for a white label solution. We expect to see entries from such providers in the Strategic Platform Partner award entries. More and more advisers are looking to find the best provider of services such as cash flow, ATR, CRM et al, and are opting to plug and play such products with open APIs, rather than go for a one stop shop solution as was common in the past. Again, we will see super entries in the Leading Digital Platform award and Leading Innovation award entries.

Sustainability remains an issue, albeit some see the significant, but utterly predictable, rise in stocks of carbon fuel producers and travel related businesses as a reason to ditch ESG and sustainable stocks. We disagree, as climate change will not go away, nor will proposed legislation and regulation. As such, we will have an award for the Leading adviser for sustainable investment and there is a question on sustainability in every platform submission form.

To enter an award, please click here

Adviser Voting

As you will see from the awards categories criteria, four of our awards are decided by the votes of financial advisers. The categories are:

  • Best platform provider (AUM over £50 bn)
  • Best platform provider (AUM up to £50 bn)
  • The intelliflo award for best platform service
  • Leading investment research, ratings, and data provider

Advisers wishing to vote, please click here

Voting will close on 28 July.

If you wish to attend or are considering sponsorship, please email here

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Contact

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St Barnabas Hospice

Once again, we will be supporting a very deserving charity - the hospice that looked after our wise old friend and colleague, Ian Taylor, the founder, and inspiration behind Transact, without which this event would never have been held, in his final days.

Just a reminder that last year, we raided over £90,000 for Beautiful Inside and Out - far, far, more than any similar event raises.

As a global asset and wealth manager, Schroders delivers a broad range of investments designed to meet the diverse needs of institutions, intermediaries and high net worth individuals.For over 200 years we have built principled partnerships with our clients, putting them at the centre of everything we do. They trust us to deliver sustainable returns through times of economic prosperity and of uncertainty.We are a global business, managed locally. Our international presence supports us in understanding the needs of our clients and delivering them the right expertise from across the business.

As an active investment manager we believe that we have an important role to play in driving better outcomes for our clients and society as a whole. We bring together people and data to identify the trends that will shape the prosperity of individuals, businesses and future generations.

We employ over 4100 talented people worldwide operating from 37 offices in 27 different countries across Europe, the Americas, Asia, Africa and the Middle East, close to the markets in which we invest and close to our clients.

The Awards 2023

These are the awards for 2023
Please click on award title to view criteria

  • Platform of the Year 2023

    This award will go to the intermediary platform that the judges deem to have made the greatest advance or been the most innovative in 2023 but that also demonstrates consistency over a period, as platforms are for the longer term.

    Judging process: Submission followed by interview of the six finalists by our expert and independent judges, chaired by Keith Richards, in the City of London.

  • Best platform provider (AUM over £40 bn)

    The award for the best larger platform, with AUM over £40 bn.

    Voted for by advisers

  • Best platform provider (AUM up to £40 bn)

    The award for the best smaller platform, with AUM up to £40 bn.

    Voted for by advisers

  • The intelliflo award for best platform service

    This award will go to the platform delivering the best administration, functionality, ability to integrate with tools and usability

    Awarded on adviser marks based on four criteria identified by NextWealth

  • Leading platform for model portfolio services

    This award is for the platform that best supports advisers (and their clients) using model portfolio services (MPS) from discretionary fund managers.

    Awarded to the platform given the highest marks in a survey of leading discretionary managers by NextWealth

  • Leading adviser business (over 10 advisers)

    For the larger adviser business with a first-rate customer offering, demonstrating great value for money, supported by the platform(s) and systems for processes such as research, cashflow, model portfolios, benchmarking, reviewing and reporting

    Judging process: The judging process will be in two stages. Stage one is in the form of a submission to the judges. The three entrants receiving highest scores will go through to an interview with the judges.

  • Leading adviser practice (up to 10 advisers)

    For the adviser practice business with a first-rate customer offering, demonstrating great value for money, supported by the platform(s) and systems for processes such as research, cashflow, model portfolios, benchmarking, reviewing, and reporting

    Judging process: The judging process will be in two stages. Stage one is in the form of a submission to the judges. The three entrants receiving highest scores will go through to an interview with the judges.

  • Leading adviser for sustainable investment

    A firm with all the best adviser qualities as itemised above together with a leading sustainable/ESG proposition matching their chosen target market.

    Judging process: The winner will be adjudicated by the judges from the six adviser finalists following the interviews.

  • Best use of platform technology

    This award is for a highly successful project that is a partnership between a technology provider and a platform. Each winning partner will receive a trophy.

    Judging process: The award will be judged by submissions to the judging panel.

  • Leading digital platform

    The award will go to the platform, or the core component behind a platform, that is a leader in the employment of technology that improves the quality of guidance or advice and that shortens and eases the customer journey, one that customers find easiest to use.

    Judging process: The award will be judged by submissions to the judging panel.

  • Leading retirement proposition

    This award is for the platform with the best all round retirement/drawdown solution - an on-platform retirement proposition.

    Judging process: The award will be judged by submissions to the judging panel.

  • Leading planning tool provider

    This award will be made to the financial planning tool provider that advisers find the most valuable in supporting their proposition in ensuring that they identify the best client outcome

    Judging process: The award will be judged by submissions to the judging panel.

  • Leading investment research, ratings and data provider

    The advisers’ choice of fund ratings and research provider

    Voted for by advisers

  • Leading Innovation award

    This award quite simply celebrates innovation, whether a platform, planning tool or application that makes life better for advisers and/or customers.

    Judging process: The award will be judged by submissions to the judging panel.

  • Best wealth management platform award

    This award is for vertically integrated platforms providing integrated asset management and/or financial advice/planning capability.

    Judging process: The award will be judged by submissions to the judging panel.

  • Leading platform for discretionary management

    This award is for the best platform used by advisers wishing to run discretionary portfolios, either models or bespoke, under their own permissions or the platform’s.

    Judging process: The award will be judged by submissions to the judging panel.

  • Leading innovation in workplace solutions

    The award for the most innovative and effective workplace platform, platform component, or use of innovative technology; the proposition that meets the needs of members (most crucially), employer and adviser (where appropriate) and that offers a broad range of benefits and demonstrates success in gaining employees’ awareness and participation

    Judging process: The award will be judged by submissions to the judging panel.

  • Best institutional Platform

    The winner will be a regulated institutional platform that provides access to liquid and illiquid funds (primarily), and ETFs and securities, over a wide jurisdiction, enabling specifically retail platforms and also wealth managers and third-party providers to access and trade funds

    Judging process: The award will be judged by submissions to the judging panel.

  • Best strategic platform partner

    For the provider of essential or enriching solutions and services to platforms that enables broader coverage.

    Judging process: The award will be judged by submissions to the judging panel.

  • Leading platform journalist

    The award for the journalist that covers the platform sector with a true understanding of what is going on and why and who pens original articles.

    Judging process: The award will be judged by submissions to the judging panel by the editors of trade publications who recommend their journalists for this award

The Winners 2023

  • Platform Of The Year - 2023

    Winner: Transact

    Runner up: Fidelity Adviser Solutions

  • Leading adviser business

    Winner: EQ Investors

    Runner up: Clifton Wealth Partnership

  • Leading adviser practice (up to 10 advisers)

    Winner: Thomas & Thomas Ethical Investments

    Runner up: Britannic Financial Management

  • Leading adviser for sustainable investment

    Winner: EQ Investors

    Runner up: Clifton Wealth Partnership

  • Best use of platform technology

    Winner: 7 Investment Management & FINIO

    Runner up: 7 Investment Management and Dunstan Thomas

  • Leading digital platform

    Winner: Moneyhub Standard Life’s Money Mindset

    Runner up: True Potential

  • Leading Retirement proposition

    Winner: 7 Investment Management

    Runner up: Parmenion

  • Leading planning tool provider

    Winner: Dynamic Planner

    Runner up: Defaqto

  • Leading innovation award

    Winner: Fidelity Conquest

    Runner up: Moneyhub

  • Best wealth management platform award

    Winner: Benchmark Capital

    Runner up: Quilter

  • Leading platform for discretionary management

    Winner: Transact

    Runner up: 7 Investment Management

  • Leading innovation in workplace solutions

    Winner: Moneyhub Standard Life’s Money Mindset

    Runner up:EV

  • Best Institutional platform

    Winner: Clearstream Fund Centre

    Runner up: Multrees

  • Best strategic partner

    Winner: BNY Mellon||Pershing

    Runner up: Winterflood Business Service

  • Best Platform provider (AUM over £40bn)

    Winner: Quilter

    Runner up: Transact

  • Best Platform provider (AUM up to £40 bn)

    Winner: True Potential

    Runner up: Fundment

  • Leading investment research, rating and data provider

    Winner: FE fundinfo

    Runner up: Dynamic Planner

  • Leading platform for model portfolio services

    Winner: Aviva

    Runner up: abrdn

  • The intelliflo award for best platform service

    Winner: True Potential

    Runner up: Fundment

  • Leading Platform Journalist

    Winner: Ruby Hinchcliffe

    Runner up: Alicja Hagopian

Past Winners:

Judging

The winners of the awards will be found by adviser votes or through the wisdom and skill of our judges. The judges have been selected for both their expertise and their independence.

The judging panel will be chaired by Keith Richards, chair of the Financial Vulnerability Taskforce. The process of selecting the winners varies by award (see awards criteria) to ensure the best outcomes. A team of judges has been selected for each of these awards based on expertise and independence.

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