Those close to the funds management industry will be aware of the extraordinary inflows into Master Trust and Wrap platforms in recent years. In Australia approxmately 80% of inflows and one quarter of holdings in Managed Funds are directed through these platforms and this trend is expected to continue.
Platforms reduce the administrative tasks associated with providing advice, allowing fund managers to deliver a full back office service for dealer groups and advisers. They offer value-add features such as a single point of contact allowing investments into a myriad of investment instruments; aggregated and consolidated income and capital gains reporting; online balances and transactions; commissions; CRM facilities and financial planning tools.
The massive growth of these platforms continues to create a demand for Composer - a comprehensive, fully featured and maintained software platform with the power to deliver the value-add features noted above.
Composer has a proven track record in this arena, supporting some of Australia’s premier platforms such as: