Analyser is built for advice professionals. A lot of the work we do in developing the software either comes as a direct result of user feedback, and/or is something we believe will make your life easier when it comes to due diligence and assessing suitability.

With that in mind, here are some of the main developments we’ve brought you in 2022, spanning the platform and MPS markets as well as changes to the Analyser system itself.

MPS comes to Analyser

Our big development (which we may have mentioned once or twice) is the launch of Analyser for MPS ranges and providers.

We launched MPS due diligence on Analyser in its beta version in April with a core of eight providers, before launching to the wider market in June. At year end, we’re now at 30 MPS providers, aross over 100 MPS ranges and 700-plus portfolios, and closing in on £100bn of assets represented.

Beyond adding MPS providers and ranges, we’ve now got into a rhythm of making quarterly updates to MPS performance data inside Analyser, so you’re always working off the latest numbers.

There’s also been changes to MPS comparisons, the way you can access and downland MPS performance data, and more business information built into the earlier stages of creating or reviewing your MPS shortlist. (You can read more about these changes here)

Evolving platform analysis

With the launch of Analyser for MPS, we haven’t forgotten about our original reason for designing the system – helping firms keep pace with the changing platform market.

In the background, we’re always updating platform data to reflect the current market position based on our own comprehensive stats on things like individual platform assets and flows, profitability, market share, and, importantly, provider service ratings.

We’re going to be adding to this dataset in line with helping you meet your Consumer Duty obligations, and we’ll bring you more on that in the new year.

As is the way of the platform market, it hasn’t exactly stood still this year. There have been three platform rebrands (two as the result of M&A activity) which have been reflected in Analyser in 2022:

- Fidelity FundsNetwork became Fidelity Adviser Solutions

- Ascentric became M&G Wealth

- Praemium become Morningstar Wealth Platform

We’ve also seen pricing changes from Parmenion [Analyser subscribers only], Transact, Nucleus and Novia, and thrown in some lang cat analysis along the way. These pricing changes were ready to assess and compare in Analyser as soon as the changes came into effect (or before, as our Novia blog shows).

We even saw a new platform enter the fray, and welcomed Platform One to the Analyser party.

Analyser in 2022

On the system itself, and beyond what we’ve talked about already, we’ve prioritised making Analyser as user-friendly as possible, and have updated our user guides and FAQs to make sure you get the most out of the technology.

For people yet to subscribe we’ve extended our free trial period from seven to 14 days.

Users can now choose from a range of payment options for their Analyser subscription, including Apply Pay and Google Pay. We’ve also upped our security around shared log ins.

In total, we’ve delivered six software releases throughout the year to bring in all the changes we’ve mentioned, all while making sure the platform and MPS data that we hold and you use is always as up to date as possible.

We hope Analyser has helped you with your decision-making on platforms and investments this year. We’ll continue to keep working to deliver the best system we can to support your suitability processes and evidencing the advice you’re giving to clients about where their money is held and invested.

Thanks for being part of the Analyser community.