Placing Platform Limited has successfully deployed its latest Next Gen release, which focuses on functional enhancements to improve the user experience.
According to the announcement, this new release contains 25 changes across the following functional areas of the platform:
General- Dashboards, Data Management, Brokers- Quote, Documents, Platform Navigation, Endorsements, Firm Order Submission, and Underwriters- Reassign, Firm Order Response, Endorsements, Facilities.
In addition to these scheduled changes, PPL has also included a number of defect fixes in this new release, which fixes issues that were raised by market users.
It has also been confirmed that PPL plans to make two further upgrades to the platform in 2023, as part of a planned programme of ongoing user enhancements to the system.
If you recall, in October, PPL removed the option to create a new or renewal firm order on the old platform as it successfully switched to Next Gen.
In August, PPL announced that the top ten brokers were all live on Next Gen. It then later deployed its first major upgrade since launch.
PPL will also be working with brokers in the fourth quarter of 2023, to pilot API delivery, connecting brokers’ own systems to PPL Next Gen to eliminate re-keying
Colin O’Malley, Chief Operating Officer of PPL, commented: “We are continually striving to improve our customers’ experience, and we believe the enhancements in this release help us towards achieving that goal. That said, we are listening to the market and feedback tells us that we can do more to make Next Gen easier to use.
“To this end, we are working with our governance groups and the PPL Board to map out what enhancements to deliver next as part of our new continuous improvement cycle which will continue throughout 2024 and beyond. This work will run in parallel to the rollout of our ambitious digital program, which includes APIs for all market participants, CDR/Blueprint 2 support, and digital contracting.”
