The stats coming off the back of BAT are rarely published: But despite dominating for much of the last decade, Transact are no longer the number one platform. Their own activity has been restricted to try and build an IFA system to help feed funds onto their platform. It is taking time to work.
Quo vadis?
Quilter have gone from second place in BAT to nearly doubling the biz volume of Transact in just 2 years. Astonishing out-performance that is reflected in their share price performance.
Buy shares in QLT!
BAT collect data on transactions, because we have over 1,000 using the system. But even anonymised data like the above belongs to our clients. We do not sell it.
At BAT Software, we don’t just provide compliance tools—we redefine how financial services firms approach regulatory oversight. Our AI-driven solutions simplify compliance, reduce costs, and accelerate digital transformation, allowing firms to focus on what truly matters: delivering exceptional financial advice.
“I’ve met firms who’ve had the money to try and create their own systems like this,
then they’ve found BAT and wished they could have just used this. It does what
every adviser wants to be able to do for efficiency and what the FCA wants them to
do for compliance. “
Kirsty Turner, IFAC
BAT are launching their second version of the AI file checker on 27th June.
Demo’s available here.