Platform aims for 'Xero of investment admin'
Adminis evolved from wealth management firm Crema Capital.
It is a cloud-based system that has the capacity to provide investment accounting, administration and registry services to PIE Funds, DIMS providers, wealth managers, advisers and limited partnerships.
Chief executive Martin Kay says the platform is on track to get $1 billion in assets under administration this year.
He said Crema developed the platform when it couldn’t find an appropriate service for its own needs. Everything in the market was either suitable for those with low-end requirements or the very high-end.
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