Dion and Fincast partner to deliver an integrated portfolio management and exchange trading platform
Dion Global Solutions and Fincast Pty Ltd, announced the availability of their integration and operations partnership, which allows clients of Fincast’s cutting edge goal based advisory and portfolio modelling platform to obtain account and holding details from Dion’s rapidly expanding TradeCentre™ platform, perform guided modelling of the portfolio and then automatically generate trades based on agreed investment models and investor’s preferences, greatly streamlining implementation and back office operations for Fincast’s and Dion’s clients.
Further, Dion and Fincast have created an operating partnership which sees accelerated improvements in productivity and cost savings for clients through the consolidation of the infrastructure and operations for the SaaS versions of our respective platforms. Dion’s TradeCentre™ and Fincast are jointly available on AWS™ and henceforth clients may choose to operate the applications using a shared infrastructure and operations team across TradeCentre™ and Fincast.
Fincast’s leading goal based advisory and portfolio management platform allows wealth managers and advisors to easily and rapidly design, build and manage their own tailored portfolios, utilizing institutional grade forecasts and optimization algorithms, which adapt to market conditions. Fincasts’ applications help advisors guide clients through fact finding, risk profiling, asset allocation and portfolio tailoring. Seamlessly integrating the latest analyses, Fincast positions advisors firmly at the centre of the advice process by providing a unified view of all their client’s assets, regardless of whether advice is provided on those assets.
Dion’s TradeCentre™ platform delivers improved equity and options trading and risk management capabilities to retail banks and stockbrokers, financial advisors and the online trading community. The platform seamlessly integrates with portfolio and back office systems providing CRM productivity tools for trading advisers to better service their clients.
Michel Borst, CEO, Dion Global Solutions said, “The industry is undergoing a shift from traditional broking services to wealth advisory. This unleashes an enormous opportunity for stockbrokers as they are well positioned to provide access to a growing segment of new products and exchange listed instruments that give better returns.” He continued to add, “through this partnership, Dion and Fincast aim to provide a smart solution to the brokers that will allow them to retain their trading business while building new wealth management revenues, using a single cost-effective platform.”
Andrew Connors, MD & Co-Founder, Fincast, said, “Fincast’s goal based advice and portfolio construction platform has been adopted by the wealth management industry across Asia Pacific. We believe there is considerable opportunity for other segments of the market, such as stockbrokers, to also benefit from utilising Fincast’s and Dion’s combined solution to expand their offering to provide structured portfolio solutions, tailored to their client’s specific objectives, across multiple asset classes and product types, and seamlessly execute on that advice”.