NZX Wealth Technologies Signs New Wealth Platform

NZX is pleased to announce it has signed an agreement with Craigs Investment Partners (Craigs) to provide the NZX Wealth Technologies (NZXWT) platform for Craigs' KiwiSaver, Superannuation and Self-Select products. The NZXWT platform technologies will be operated by the Craigs Client Services team and integrated into Craigs' CRM and trading systems.

NZX CEO Tim Bennett commented: 'We're pleased one of New Zealand's largest investment advisory and management firms has chosen NZX Wealth Technologies. This is a validation of the quality of the NZX Wealth Technologies platform and our team who have extensive experience developing and operating these systems.'

NZX acquired NZXWT (formerly Apteryx) in July 2015 as part of a strategy to expand into high growth areas of New Zealand's capital markets, and support the development of capital markets infrastructure.

'We're excited about the potential of the NZX Wealth Technologies offering and we continue to discuss with a range of potential clients their future requirements for wealth platforms,' Mr Bennett said.

Details of the contract terms are confidential between the parties.

Source: News, Mondo Visione