Suite2Go has partnered with Chelmer Limited to give more Australian financial institutions access to Chelmer’s intelligent, leading-edge technology.
Australia’s leading fintech consulting firm, Suite2Go, and pioneer wealth technology firm, Chelmer, today announced a new partnership in Australia to support the unique operational processes of private banks, wealth managers, investment advisors, stockbrokers, trust companies and asset managers with their scalable, end-to-end wealth management system – Myriad.
This partnership comes at an opportune time in Australia with the Quality of Advice Review bound to test current operating models and processes within wealth and advice. It is also important for wealth advisers to find ways to scale their business to enable more time to spend with clients and extend their services to more Australians.
Currently managing over USD 50Bn of investor assets, Myriad is already used by financial institutions across New Zealand and Australia, including some of New Zealand’s largest wealth groups such as JBWere, Craigs Investment Partners and Hobson Wealth Partners, with some partnerships spanning over 20 years.
Myriad is Chelmer’s integrated software suite that empowers financial institutions to manage customer wealth more effectively. It provides an end-to-end solution, supporting front, middle and back-office operations in a multi-currency, multi-asset, multi-market environment. API access also enables seamless integration with third party apps and data feeds.
Suite2Go’s Co-CEO Leanne Bradley says, “Suite2Go have been searching for the right wealth system to bring to Australia for many years. The ability for one platform to handle client onboarding, execution, and ongoing portfolio management as well as reporting, enabling a much more efficient process for wealth managers and their advisers will greatly benefit their business and enable more scalable advice. We look forward to working with Chelmer to expand their footprint across the Pacific and in Australia.”
Driven by their mission to make wealth creation simple and more accessible, Chelmer CEO Alin Ungureanu says the growth and expansion into Australia will give more people the opportunity to create and accumulate wealth.
“We have a robust and powerful system that has come about through continually evolving our software suite for over 30 years – through heavy investment in R&D, and collaboration with our clients to develop solutions that support their unique operational requirements and future business growth.”
“We are excited to be working with Suite2Go to help us enable more Australian financial institutions to leverage Myriad to streamline their operations, enhance customer and user experience by delivering personalisation at scale, and expand their service offering – with more time to focus on creating wealth for their customers.”
About Suite2Go Pty Ltd
Suite2Go is a financial software consultancy team of experienced professionals with deep working knowledge of the financial services industry and how to best solve for workflow challenges through technology solutions.
The firm was founded in 2017 with a team of seven, comprising Principals and Consultants with an average of 20+ years’ experience who have expertise across; capital markets, data management, regulatory and risk reporting, superannuation, asset, and wealth management, including front and back office and asset servicing. The team look to assist world class Fintech organisations to achieving success in their chosen target market by bringing solutions to the financial services industry to overcome challenges and address problems while saving cost and time for both buyers and sellers.
For more information visit www.suite2go.com.