Wilson HTM signs up for IntraPower cloud computing
Wilson HTM Investment Group has struck a $16 million deal with the information technology and communications group IntraPower to migrate its complete IT infrastructure and application delivery to the IntraPower cloud computing platform, Business On-Demand.
Wilson HTM will no longer require any in-house IT infrastructure or systems and staff will access their virtual desktop, which includes Windows, Microsoft Office and industry-specific applications, through IntraPower’s network.
Commenting on the new agreement with IntraPower, Wilson HTM chief David Groth said the company now has access to an environment it would not be able to cost effectively create in-house.
“Our IT will be less complex and more responsive to the growth and innovation initiatives of the business,” Groth said.
“This agreement with Wilson HTM is the largest in the company’s history and endorses our investment in our trusted cloud platform to leverage the high growth potential of this market opportunity,” said the managing director of IntraPower, Greg Kennish.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.
