Paradigm launches technology hub for advisory firms

Paradigm has launched a new online technology hub, collating information, opportunities and partnerships to help advisers get the most out of the technology available.

The hub includes a section on innovative technology partners who can help advisers get the right products and services so they can enhance and protect their business.

The new hub launched by the mortgage, protection and compliance proposition also covers areas including planning, reporting, back office and online presence; mortgage sourcing; protection tech; equity release; mortgage innovation; and tools and companies to help protect and grow business.

Furthermore, it includes a section on artificial intelligence (AI), which covers information provided by the regulator, lenders and providers on AI, its potential benefits and risks, how it might fit within advisers’ businesses and how to adopt responsible and ethical practices when using it.

Director of marketing and operations at Paradigm, Riona Mulherin, said: "The new technology hub brings together a range of resources available via Paradigm all in one place, delivering a more user-friendly experience and demonstrating our commitment to supporting firms in this important area. Through the hub, our goal is to deliver more technology-focused information and services to support our member firms and their advisers, ultimately driving better outcomes for their clients."

In addition, the hub highlights a specific cybercrime support section which includes articles, resources and commentary on how advisers and firms can protect themselves and other against being victims of a cyber-attack, and can also be shared directly with clients.

Paradigm said it plans to continue to evolve the hub given the pace of technological change and advancement. It will provide further support, education and information on AI and a range of other technology-based areas within the hub in the future.

Mulherin added: "Over the coming year, the hub will continue to expand, as we seek to explain potentially industry-changing AI solutions, and demonstrate to firms how they can harness the benefits these tools present."



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