Open Banking could drive down the cost of advice, participants at a recent roundtable hosted by Bravura Solutions predicted.

The attendees, which included senior platform executives, workplace savings providers and financial advisers, believe the use of banking data would not only improve the standard of advice in the UK but improve access to it also.

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About the author

Nick Parsons

Global Chief Technology Officer

Based in London, Nick Parsons has over 29 years of experience in the IT industry, specialising in financial sector solutions for fund managers and TPAs. He is responsible for defining and executing Bravura's IT strategy across its diverse product offering.

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