tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Thursday, March 4th, 6:00PM

News

rss
Latest Headlines

NZX Wealth Technologies adds another client and expects more

NZX Wealth Technologies has won a competitive tender to put Public Trust on its new platform.

Friday, January 22nd 2021, 6:00AM

Lisa Turnbull

In the latest of a slew of good news for the platform, NZX Wealth Technologies has announced that it has won a competitive tender for the business of Public Trust, endorsing the feature-set and flexibility of its new multi-tenant platform.

NZXWT chief executive Lisa Turnbull says the retention of Public Trust’s business would see work begin in the coming weeks on the migration from its legacy offering to the new platform.

“This is a real vote of confidence in our technology and service proposition and the focus we put on the specific needs of each of our customers.”

The re-signing of Public Trust follows a competitive request for proposal, where Public Trust assessed NZX Wealth Technologies' new platform and those of other providers against their needs.

Public Trust’s head of custody, Mark Lawrence said, “We went through a comprehensive process to ensure that our platform provider can meet the needs of both Public Trust and our clients. We have real confidence in the high level of service NZXWT’s new platform will provide and are delighted to be able to retain the partnership with them.”

The successful tender with Public Trust follows the completion of the migration of Hobson Wealth and Saturn Advice to the new platform in the third quarter last year, joining Craigs Investment Partners and JBWere.

NZXWT was recently lauded in research conducted by Forsyth Barr which showed that funds under administration reached $7.2 billion as of December 31, following the addition of JBWere, Hobson Wealth and Saturn Advice to the platform. It is currently in talks with an additional five prospective clients, three of which it is confident of winning.

The wealth management business has more than 28,000 portfolios being managed through its platform.

Tags: Craigs Investment Partners Forsyth Barr JBWere NZX Public Trust Saturn Wealth Technologies

« FADC finds against AFA in Code of Conduct caseARK Fund brings in new KiwiSaver clients through disruptive innovation »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
News Bites
Latest Comments
Subscribe Now

Weekly Wrap

Previous News
Most Commented On
Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA 4.55 ▼2.29 ▼2.59 ▼2.65
ANZ 4.44 2.89 3.25 3.39
ANZ Special - 2.29 2.69 2.79
ASB Bank 4.45 2.29 2.59 2.65
Bluestone 3.49 3.34 2.99 3.34
BNZ - Classic - 2.29 2.59 2.79
BNZ - Mortgage One 5.15 - - -
BNZ - Rapid Repay 4.60 - - -
BNZ - Std, FlyBuys 4.55 2.89 3.19 3.39
BNZ - TotalMoney 4.55 - - -
CFML Loans 4.95 - - -
Lender Flt 1yr 2yr 3yr
China Construction Bank 4.49 4.70 4.80 4.95
China Construction Bank Special - 2.65 2.65 2.80
Credit Union Auckland 5.45 - - -
Credit Union Baywide 5.65 3.95 3.85 -
Credit Union South 5.65 3.95 3.85 -
First Credit Union Special 5.85 2.95 3.45 -
Heartland Bank - Online 2.50 1.99 2.35 2.45
Heretaunga Building Society 4.99 3.50 3.40 -
HSBC Premier 4.49 2.25 2.35 2.65
HSBC Premier LVR > 80% - - - -
HSBC Special - 1.99 - -
Lender Flt 1yr 2yr 3yr
ICBC 3.69 2.25 2.35 2.65
Kainga Ora 4.43 2.79 3.04 3.13
Kainga Ora - First Home Buyer Special - 2.25 - -
Kiwibank 3.40 3.20 3.50 3.50
Kiwibank - Offset 3.40 - - -
Kiwibank Special 3.40 2.35 2.65 2.65
Liberty 5.69 - - -
Nelson Building Society 4.95 3.20 3.24 -
Pepper Essential 4.79 - - -
Resimac 3.39 3.35 2.99 3.35
SBS Bank 4.54 2.79 2.79 3.15
Lender Flt 1yr 2yr 3yr
SBS Bank Special - 2.29 2.29 2.65
Select Home Loans 3.49 3.34 2.99 3.34
The Co-operative Bank - First Home Special - 2.09 - -
The Co-operative Bank - Owner Occ 4.40 2.29 2.59 2.79
The Co-operative Bank - Standard 4.40 2.79 3.09 3.29
TSB Bank 5.34 3.09 3.29 3.45
TSB Special 4.54 2.29 2.49 2.65
Wairarapa Building Society 4.99 3.55 3.49 -
Westpac 4.59 3.09 3.29 3.39
Westpac - Offset 4.59 - - -
Westpac Special - 2.29 2.69 2.79
Median 4.55 2.79 2.99 2.80

Last updated: 4 March 2021 8:47am

About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com