Are platforms vulnerable?
While major players such as Colonial First State and Macquarie are continuing to invest substantial amounts into their platform offerings questioning are beginning to arise about whether the popularity of separately manage accounts (SMAs) and digital disruption are indicators of long term change.
This year's Money Management Platforms & Wraps Conference, to be held at Magenta Shores on 30 and 31 July will look at the current state of the platform market and examine whether it can be sustained in its present form given the rapid pace of technological change and adviser needs.
Directly addressing the question of whether the industry is vulnerable to digital disruption will be Peter Williams, Adjunct Professor at RMIT, Chairman of Deloitte's Innovation Council and Chief Edge Officer at Deloitte's Centre for the Edge Australia, which assists businesses profit from emerging technology opportunities.
Williams will challenge existing perceptions of the platforms market and pose the question of whether digital disruption represents a threat or opportunity.
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