Platinum Asset Management taps NeoXam for data management
Latest news
Platinum Asset Management taps NeoXam for data management 16 January 2024Australia Reporter: Lucy Carter
Image: Alan Smithers/stock.adobe.com
Australian global equity manager Platinum Asset Management is adopting NeoXam’s data management platform.
The platform includes DataHub, NeoXam’s integrated investment data solution, and Impress, its client reporting solution.
Using these, Platinum will be able to manage all reference, market and investment data through a centralised enterprise repository, the company says, enabling automation and enrichment of data processes and books of record. In turn, this will ensure greater control and oversight over the middle-office function.
NeoXam’s performance measurement and analytics modules are also included in the platform, covering both internal and external reporting.
Rodney Cowled, manager of strategic programmes at Platinum, says: “Platinum has chosen NeoXam to be the solution partner for our NextGen target operating model (TOM), which will modernise our technology and data platform.
“NeoXam’s technology will enable us to create centralised data capabilities to service the enterprise, while retaining accountability for data operations and governance.”
Tim Versteeg, managing director for APAC at NeoXam, comments: “The overarching objectives of Platinum’s NextGen TOM programme has been to create a scalable operating model that is aligned with industry best practices.
“NeoXam has engaged with Platinum Asset Management not only as the ‘modern technology’ platform provider, but also as a trusted partner, sharing our experiences in delivering solutions to asset managers in Australia and beyond.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Alan Smithers/stock.adobe.com 