Articles

Gone are the days when finance businesses relied solely on straightforward phone and email in order to communicate with colleagues and customers. Unified communications are increasingly being adopted by IFAs large and small in a bid to improve collaboration, reduce costs and boost productivity. So how does it work?

If you’re an IFA looking to strengthen security within your business, a managed firewall service can be one of the most reliable methods of protecting both company and client data.

Do you want to earn more money? Want a job with good career opportunities? Most of us do. But despite record employment figures, deciding the right position and finding the right job isn't always the easiest.

Today life is a far cry from life before smartphones and tablets. Life is fast paced, and the world of work is no different. Trying to achieve a sensible work life balance can be difficult but as employers we have a responsibility to make sure that although we want great results, we must look after our employees at the same time.

Technology has changed a number of industries over the years and financial firms are no exception. Embracing technology is no longer optional; it’s become an essential part of running a successful and competitive business.

Here at Prism we’ve spent years helping wealth management companies and IFAs to implement robust and reliable security measures, make the most of cloud technology, and ensure their reputation is upheld. Here are just a few ways we can help you.

Almost 40% of city councils fail to test their disaster recovery plans, putting them at risk of significant data loss in the event of a crisis.

According to a freedom of information request submitted in 2015, many towns and cities across the UK are ill-prepared for the possibility of an IT disaster.

Fires, floods and cyber attacks are just a few examples of the types of threat that can see your business losing valuable data.

The impact can be disastrous. Not only could you lose information that you rely on, productivity could drop and your company’s reputation could be irreparably damaged.

As every business owner will know, communication plays an essential role in the running of any business. Without it, chaos would ensue. Work wouldn’t get finished, things would go wrong, and customers would be left unsatisfied.

It’s no secret that high employee turnover within your business can be costly. Some studies suggest that replacing a single member of staff can cost more than £30,000 due to recruitment costs, an increased workload, a fall in productivity, and a potential drop in morale for other employees. As a result, it makes sense to invest in staff retention in order to keep your team members happy, boost productivity and reduce the likelihood they’ll want to leave.

As an IFA, technology will play an important role in the work that you do. But with clients to see, financial products to research, and legal developments to keep up to date with, the last thing you want to be doing is messing around with the office printer and trying to learn all about GDPR.

Financial records, customer data, and personal employee details are just a few of the pieces of information you’re likely to store within your business. With so much information stored on your devices, servers and programmes, what would you do if the unspeakable happened and you were to lose all this information in a moment? Although data loss on this level is rare, With statistics showing that 80% of businesses fail after a large data loss, it makes sense to invest in protective measures.