Pentafin wins Andrew West platform deal
Specialist financial services software provider Pentafin Services has entered into an agreement to supply Andrew West Stockbroking with its WealthVue wealth management platform.
Andrew West will use WealthVue to provide investment services to its advisory clients, including investment modelling, tax optimisation and straight-though processing.
Pentafin chief executive Peter Kelly said the partnership with Andrew West was a confirmation of WealthVue’s capability to provide a “composite client management and reporting solution for the growing individually managed accounts segment”.
“Its ability to support a diverse array of investments, such as direct investments, managed products and unlisted investments, is integral to the value of WealthVue to fund managers, platforms and dealer groups.”
Kelly added that the partnership was also justification of “our strong belief that individually managed account products would achieve a significant position in the Australian financial services market”.
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