Söderberg & Partners Wealth Management Ltd’s Post

Thanks for this post Nick Raine this is exactly what Plannr Technologies Limited was created to address and the signs are very positive that our API first architecture is enabling these “deep integrations” to be built easily and the results are already being seen by the advice companies that are choosing to come on the journey. #apifirst #deepintegrations #crm #advicetech #investmentplatforms

CEO of Söderberg's UK platform Nick Raine and Seccl's growth lead Freddie Addison (possibly his media debut?) (and others) talking a load of sense about platforms, integration and making things work better end to end. PS - beware of those adding APIs as an afterthought - that path leads to perpetually higher costs as all the work has to be done at least twice

https://lnkd.in/dUfhvyEi "People have been called “users” for a long time; it’s a practical shorthand enforced by executives, founders, operators, engineers, and investors ad infinitum. Often, it is the right word to describe people who use software: a user is more than just a customer or a consumer. Sometimes a user isn’t even a person; corporate bots are known to run accounts on Instagram and other social media platforms, for example. But “users” is also unspecific enough to refer to just about everyone. It can accommodate almost any big idea or long-term vision. We use—and are used by—computers and platforms and companies. Though “user” seems to describe a relationship that is deeply transactional, many of the technological relationships in which a person would be considered a user are actually quite personal. That being the case, is “user” still relevant? "

➡ 2024 State of Application Strategy Report ⬅ In 2024, app strategy is shaped by modernized apps, hybrid deployment, and increased API usage, with organizations embracing generative AI. API management is critical, with 41% of organizations managing as many APIs as apps, highlighting the need for API security. Multicloud operations are prevalent, driving the demand for multicloud networking to ease complexity. Despite the surge in app delivery and security tech, organizations are turning to AI for automation. However, concerns remain about API security's ability to protect AI models effectively. 👉Read more:

Low code platforms bring flexible, cost-effective solutions to the table. Consider opting for a system that can remain relevant and effective in the future. https://bit.ly/44LIAvA

Never underestimate the power of owning the website your IPs are distributed on. While there are opportunities to monetize on other platforms that you do not own, it is a near guarantee that the costs of relying on such platforms will cut too deeply into your bottom line. This is why it is highly valuable to cultivate your own community and business practices. It costs very little to get started and begin experimenting with different ways to attract users to your platform. https://lnkd.in/et6bq8Ab

There is a disease creating rot in technical organizations. When investing in new digital products, in the feverish chase to save money right now, many companies mortgage their future and set themselves up for failure by choosing not to invest in things that make software products scalable and maintainable over time. To save a buck, they buy technology that will become a liability rather than an asset. We need a radical reset of the perception of the cost of technology to look at the total cost of ownership over the full lifecycle of a product. Only then does upfront investment in best practices and quality controls become a no-brainer.

[Partnership Announcement 🤝] Today we announce our new partnership with Lab49. This partnership is about "interop done right" as we aim to set new industry standards and raise the bar of excellence in the desktop integration domain. 👉 Read more --> https://lnkd.in/da-7k2_D Partnership goals: ➡️ Help firms reach (and exceed) strategic digital transformation initiatives. ➡️ Provide tools to assess interop levels through the interop-io Maturity Model and Lab49's Future of Desktop initiative. ➡️ Create a better user experience for traders, portfolio managers, risk managers, and other financial professionals. “Platform modernization is increasingly essential to any participant in the capital market space," says Lab49 Interactive Practice Head Brian McAllister. #platformmodernization #digitaltransformation #interoperability #interop #desktopintegration #digitaltransformation #traders #portfoliomanagers #riskmanagers #financialprofessionals #capitalmarkets

The year is 2030. A new breed of fully digital infrastructure provider has allowed investment propositions to be embedded agnostically and affordably into almost any user journey. These embedded platforms meet planners where they work – everywhere from CRMs to cashflow modellers, DFMs to risk profilers – creating a streamlined adviser and client experience that's faster, more efficient and cheaper, too... In his latest Money Marketing article David Ferguson explains why we’re at a pivotal moment in the transition of the platform industry. And that this connected utopia is closer than you think (just ask Cooper Parry, Söderberg & Partners and Timeline). Read the full article to find out more https://hubs.ly/Q02zg1dn0

Learn how we’ve invested in integrated technology to benefit our financial advisors - and their clients.