Realising the Benefits of Technology Outsourcing

For this year’s Outsourcing event, Compeer will be focusing on technology spend in the wealth management industry and evaluating the role technology outsourcing has in driving efficiency and innovation.

Through peer-group interviews and analysis of our extensive database on the UK wealth management industry, we will look to identify where the best value is in technology outsourcing and outline the impact it has on reducing costs, improving business processes and enhancing client engagement.

Join us on the afternoon of 2nd October at Wedlake Bell LLP for the presentation of Compeer’s research and to hear the views of a variety of industry thought leaders.





Event Information

15:30 – 16:00    Registration and refreshments

16:00 – 16:05    Introduction: Master of Ceremonies, Bruce Weatherill

16:05 – 16:35    Søren F. Mortensen, IBM – Wealth Management Trends and Innovation

16:35 – 16:55    David Joyce, Crealogix – Is the 21st Century wealth management firm a technology business?

16:55 – 17:25    Laura Conway, Rosalyn Breedy & Adam Betts, Wedlake Bell – Realising the benefits of technology outsourcing: case study through a legal lens

17:25 – 17:55     Networking Break

17:55 – 18:15     Tom Thwaites, Compeer – Research results from interviews

18:15 – 18:35     Mark Prior, Smith & Williamson (on behalf of Avaloq) – The Decision to Outsource

18:35 – 18:55     Henry Duncombe, Lanware – What attributes do the finance industry expect from IT outsourcing providers?

18:55 – 19:00     Summary: Master of Ceremonies, Bruce Weatherill

19:00 – 20:00     Networking, drinks and canapés

Bruce Weatherill – Non Executive Director, Compeer

Bruce is a Chartered Accountant with over 35 years’ financial services industry experience around the world. He was a partner in PwC for 20 years and is now a non-executive director of Compeer as well as other companies.

Tom Thwaites – Research Analyst, Compeer

Tom joined Compeer in January 2019 having graduated from the University of Leicester with a BSc in Financial Economics. During his time at university Tom attended Katholieke Universiteit Leuven in Belgium as part of the Erasmus program where he furthered his studies into economics, finance, business management and econometrics. He also gained work experience in Beijing on a summer internship for a Chinese consulting firm which specialises on the Belt and Road initiative.

Now, as a member of the Compeer analyst team Tom works on a variety of bespoke research projects looking into different aspects of the Wealth Management industry, presenting the findings at Compeer conferences as well as supporting the team with the annual industry report and benchmarking services.

Søren F. Mortensen – Global Director, Financial Markets, IBM

Søren brings over 25 years of Financial Markets experience in delivering mission critical transformational projects for financial institutions.

His responsibilities include complex transformations of financial institutions, Innovation in Financial Markets leveraging new technologies such as Artificial Intelligence, Quantum & Blockchain, and post-trade initiatives around reference data management, collateral management and OTC-derivatives processing.

Prior to re-joining IBM in 2013 Soren was Managing Director for SunGard Global Services in Europe developing and delivering service solutions around SunGard products working with several tier 1 European clients.

Having previously worked at financial organisations such as Morgan Stanley, Paribas Capital Market and HBOS Treasury, he brings a practitioner’s view to the challenges faced by customers today.

Søren has, since January 2017, been an advisor to the Consultative Working Group of ESMA’s Financial Innovation Standing Committee (FISC) advising European Regulators on Technology & Innovation, he is also on the advisory board of the EDM-Council and on the Blockchain Advisory Board of Fintech Connect.

Rosalyn Breedy – Partner, Wedlake Bell LLP

Rosalyn articled and qualified as a solicitor (in 1993) into the Corporate department at Slaughter and May (1991 to 1995) and joined the London office of Pinsent Curtis (1995 to 1996).

She was hired by UBS Warburg (1996 to 2002) as a lawyer member of a multi-disciplinary change management team concentrating on cross border legal and regulatory issues arising from use of technology. Rosalyn was a non–executive director of the Internet Law and Policy Forum.

She then served as European COO corporate finance supporting the heads of the global investment bank before being appointed as general counsel to multi-family office Sand Aire (2002 to 2008).

Rosalyn made the transition back to private practice firstly, as of Counsel to the Funds, Investments, Tax and trusts group Withers (2008 to 2009), secondly, in founding a successful niche firm, Breedy Henderson LLP (2009 to 2013) before being appointed as a partner at Forsters LLP (2013 -2015).

Rosalyn joined Wedlake Bell as a partner in its Corporate and Financial Services practice in 2015.

Laura Conway – Senior Associate, Wedlake Bell LLP

Laura read law at the University of Leicester. She trained with Wedlake Bell and qualified into the Employment team in September 2010. Prior to commencing her training contract Laura spent a year with the IP and Commercial team.

Laura is a member of the ELA and regularly holds training sessions and seminars for her clients.

Adam Betts – Senior Associate, Wedlake Bell LLP

Adam graduated from King’s College London with a degree in Chemistry. He also obtained a PgDL from the BPP Law School. Before commencing his legal career, Adam had experience working in the science, financial services and publishing industries.

Adam trained with Wedlake Bell and qualified as a solicitor in September 2008.

He has spent time on secondment to the Intellectual Property and Commercial team of a global premium drinks company.


David’s career spans more than 30 years in financial services and international payments. An experienced business leader in both large corporations and new fintechs, he has held senior leadership positions with Visa Europe, sitting on the Corporate Management Group, Risk Advisory Board and was Chair of the European Processing Advisory Board. Subsequently he worked with fintech companies including Ixaris Technologies where he was GM/ COO, Monitise (now Finkit), MPayMe, and as COO at Paythru.

As CEO of CREALOGIX in the UK, David drives our vision of product innovation and champions the closely collaborative delivery approach which has been valued by leading brands in wealth management and private banking here in the UK for over two decades.

More than 550 banks and wealth management firms worldwide are able boost their business growth and profitability by leveraging CREALOGIX software to modernise and continuously improve their end users’ digital customer experience.

Henry Duncombe – Managing Director, Lanware

Henry is the Managing Director of Lanware, a leading IT outsourcing partner and cloud provider to the mid-market Financial Services sector.

Henry’s experience stretches over 20 years’ starting as an IT Engineer at Rolls-Royce Aerospace, through to working on major EDS outsourcing accounts for clients including the DWP and Amlin. Henry joined Lanware in 2004 and has been the driving force behind the company’s vision and success as a trusted partner and cloud provider to the boutique fund management sector. Lanware’s clients include many of London’s leading independent asset management firms as well as hedge funds, wealth managers and Lloyd’s of London insurers.

Henry believes that Industry experience is key when choosing a critical outsourced IT partner, as successful partnerships are more easily formed when the provider understands your business and can tailor the services accordingly. This combined with the ability to provide pro-active and industry specific technology advice has enabled Lanware to hold trusted relationships with their clients for over a decade.

Henry’s particular interest is the transformation to a digital economy and the opportunities and risks which lie ahead as Financial Services prepares itself for major disruption seen in other sectors.

Mark Prior – Head of IT, Smith & Williamson

Mark is a Partner and Head of IT at Smith and Williamson responsible for Technology.  Mark has set and delivered IT strategies in investment banking and asset and wealth management, having previously worked at Columbia Threadneedle Investments, Flemings and JP Morgan. Mark has been with Smith and Williamson since 2015.

Research Partner

Media Partner


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Wealth Management Yearly Review 2024

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14.30 - 18.00

Sharing results from our in-depth annual benchmarking survey, Compeer will outline the key business performance trends for the UK wealth management industry.

ESG 2024: Is client demand being served effectively?

Wednesday 25th September 2024
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Demand for ESG services continues to rise among high net worth investors. Wealth management firms are adapting their services, but is this enough? Compeer will review the comparisons between what is being offered and what clients wish to receive in the ESG space.

How To Achieve Profitable Growth

Tuesday 1st October 2024
15.00 - 18.30

Compeer, who have benchmarked the UK wealth management industry for over 30 years, have highlighted that just under 40% of wealth management firms currently make a loss or return less than 10% net margin. The average net margin for the wealth management industry, as a whole for 2022, is 23%, which appears healthy.

This event will examine why so many firms are poorly performing and the practical measures they can take to improve their performance.