Ep. 20 – How financial planning businesses should approach the adoption of technology with Barrie van Zyl

Ep. 20 – How financial planning businesses should approach the adoption of technology with Barrie van Zyl

Barrie van Zyl is the Head of Account Management at Iress in South Africa.

We discuss several aspects related to the adoption or implementation of technology in financial planning businesses, although these aspects will apply to any kind of business looking to adopt technology.

We start off talking about the rate of advancement and adoption.

Businesses struggle to choose the right technology and software and the process is very overwhelming. We discuss why this is the case and where business may be going wrong.

I ask Barrie the question if financial planning businesses are really embracing technology?

How does one go about selecting technology and/or software for your practice or business? Where is the best place to start? What must be considered?

Businesses often struggle to reap the benefits of the technology they implement. Corporates go through a rigorous selection process and often a few years later they find themselves back at the same point going through the same process again selecting new solutions.  Why is this?

We get into the best approach/strategy a business should follow when adopting the technology. Barrie provides great advice in this regard.

Iress recently announced the launch of a new hub to provide free technology-related information and support for the financial services industry as it adjusts to new ways of working. I ask Barrie:

  • Why did Iress decide to create the support hub?
  • What kind of support does this offer?
  • Who can make use of the support services?

Listen to the episode:

You can access the Iress Support Hub at https://iress.com/coronavirus-support.

Connect with Barrie on Linkedin.
Connect with me on Linkedin.

Francois du Toit, CFP®

Francois du Toit is an expert financial planning and tax consultant, with more than 20 years’ experience. He offers various solutions to help businesses unlock growth, including career counseling and bespoke tech products. He’s also the host of the PROpulsion podcast, which seeks to inspire professionals in the industry.

Leave a Reply