Who’s afraid of the big, bad technology adoption? | How Advisers have used technology over time | S2 E6

Adam Leci and Sandra Paul from Prestwood Software discuss how different technologies have made their way into the financial sector, as well as how consumers generally expect free technology to be adopted and to make things easier, rather than be expensive and complicated.

Sandra elaborates on how gradually over time, the demand for Advisers to learn new technologies has increased. For example after Covid, tech was used a lot more for advisers to communicate with clients and bring them into the planning process, and Prestwood was also setting up user groups and webinars during and after Covid to train advisers on how to use Zoom, DocuSign, and Document sharing.

Adam Leci is a Technical Consultant and writes blogs and articles for Prestwood, whilst Sandra Paul is a PR and Communications expert who specialises in PR and marketing for Prestwood. Prestwood have been offering lifelong Cashflow modelling software since 1984, which gives Adam and Sandra a unique insight into the extent of how far financial software has evolved since its conception.

Tessa Lee, Managing Director at moneyinfo spoke to Adam and Sandra on how tech can drive efficiencies with reporting and communication processes, and why you should get over your fears and embrace technological adoption.