Nucleus invests in senior tech team talent, appointing Chief Business Architect and new Director of Technology
Nucleus Financial Platforms Group (“Nucleus”) one of the UK’s leading, independent, adviser platform groups, has restructured its technology team, appointing Jenny Thorpe as Chief Business Architect and Angela Cooper as Director of Technology. The appointments not only bolster Nucleus’s existing team, but reflect the business’s continued focus on building scale and investing in its technology, products, price and services.
Jenny spent the last three years as an Associate Director at Alpha FMC, as part of the management team tasked with creating a new pensions and retail investments practice to complement its already successful asset management consulting business. Before joing Alpha she spent nine years at Aegon and prior to that seven years with Alliance Trust with roles in operations, architecture, strategy and transformation.
Based in Edinburgh, Jenny will report to Chief Operating Officer Richard Warner, driving the design of Nucleus’s services as part of its ambition to build the UK’s leading retirement platform for advisers. Angela will become Director of Technology, joining from platform technology provider GBST where she spent the last five years on the Executive Team within the business’s client services division, responsible for overall operational management. Prior to her
time at GBST she spent fourteen years at Aegon, leading platform support and delivery teams. In her new role at Nucleus Angela’s client delivery experience will complement and strengthen the technology team. Also based in Edinburgh, Angela will report to JP Miller, whose remit is expanding as the new Technology and Transformation Director. Andrew Smith will be taking on the strategically important role of Chief Digital Officer, a newly created position tasked with developing further and faster into digital technology in line with Nucleus’s growth ambitions. Andrew has been part of the leadership team since Nucleus’s inception and will now be focused on developing digital applications that better differentiate the platform service and help advisers meet their clients’ needs.
And Paul McAnulty, who’s been with Nucleus for 11 years has been promoted to Director of Data Solutions, reflecting the increasing importance of data in evidencing that customers are receiving the right outcomes, as required by the FCA’s Consumer Duty.
Richard Rowney, Chief Executive Officer at Nucleus, said: “Alongside investing in developing our products, improving service and reducing the price our customers pay, we’ve also been investing in our people, so we have the right team to deliver the priorities advisers have. We’re delighted that we could attract such seasoned professionals as Jenny and Angela, and congratulate Andrew, JP and Paul for their new
“We’ve got some great talent and the structure we’ve created will allow us to refocus our efforts across technology and digital development. This year alone, we’ve added almost 90 new colleagues and these changes will complement and boost our team at this transformative time in Nucleus’s evolution.”
Nucleus is one of the UK’s leading independent retirement-focused platforms, operating from offices in Edinburgh, Glasgow, London, and Salisbury. The business administers approximately £46 billion* of customer assets across self-invested personal pensions, individual savings accounts, general investment accounts and other products, for over 5,000 financial advisers and serving more than 160,000 underlying customers across the UK.
Since the creation of the combined group, the development of a new retirement platform has started. The business’ combined scale, and the profitability that comes with it, is enabling it to invest in products, price, and service. To date, £5 million has been invested in improving service and technology and a further the £6 million committed to a roadmap of enhancements.
Head of Public Relations for Nucleus
Notes to editors:
The Nucleus Financial Platform Group offers investment platforms that help make retirement more rewarding. Our two platforms are run exclusively for financial advisers, with over 160,000 UK customer.
Renowned for its SIPP expertise, James Hay Partnership has been working with larger financial advisory groups for more than 40 years, providing the means to administer pensions, savings and investments in a cost and tax efficient way.
Our award-winning platform Nucleus was acquired by James Hay in September 2021. It was founded in 2006 by advisers committed to altering the balance of power in the industry by putting the customer centre stage.
Nucleus is the name of the combined business and together it’s already one of the UK’s leading, independent, adviser platform groups, with approximately £48bn* in assets under administration. To find out more visit: www.nucleusfinancialplatforms.com
* As at as at February 2022 – Fundscape Q1 Platform Report