ISG on acquisition trail thanks to Covid 19
Investment Services Group, (ISG), the amalgamation of five wealth management brands, JMI Wealth, Devon Funds, Clarity Funds, Select Wealth Management and TAHITO, says its investment into IT has been put to the test and passed with flying colours.
Thursday, May 7th 2020, 4:54PM
The Covid 19 lockdown has proven its systems and now put ISG in a position to consider acquisitions.
Earlier they invested in a common platform to realise the synergy and scale of the group. It worked with Intellium Technology on this transition because of the Kiwi company’s expertise, cultural fit and partnership approach.
ISG chose to enter lockdown a week early and continues to have all 43 staff work from home thanks to an insightful investment in a secure cloud-based IT environment.
ISG Chief Executive Richard O’Brien says the group has continued to serve its entire customer base, from large corporate entities to mum and dad investors, without interruption during Covid-19 thanks to its IT partnership.
“When we made the call to begin remote working ahead of lockdown, we did so with fairly immediate effect. We didn’t have to wrestle with the IT implications of that decision, because we’re well set up to support flexible working,” he says.
“The infrastructure was here to make this possible across the group some months ago, but now staff have realised how widely available it is and how easy it is to use, people will absolutely continue to work differently in the longer term,” he says.
“None of us wanted this test, but we've had it and it’s validated the strength of our platform, so we feel absolutely ready to realise our growth aspirations over the next couple of years and beyond,” he says.
JMI Wealth Director Andrew Kelleher said: “I’ve seen other IT projects take longer and cost more than expected and I remember feeling nervous about making these wholesale changes but I’m so glad we did.”
“If we hadn’t made those changes, I suspect we would have had some potentially insurmountable challenges to be able to keep our business running."
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