Powered by MOMENTUM MEDIA

Refinitiv partners with boutique wealth manager

— 1 minute read

Refinitiv partnered with a boutique private wealth firm to provide a customised open data platform, aiming to deliver solutions for the company’s high-net-worth client base.

The financial market data provider has partnered with Stellan Capital for the move. 

Refinitiv reported its wealth management team built the customised platform that has embedded Stellan’s main technological requirements including global access to market data, content and research, with efficient global order execution across over 30 exchanges.

Advertisement
Advertisement

Other benefits were said to include portfolio analytics, portfolio modelling and efficient rebalancing capabilities, as well as integration with Stellan’s other core systems, including the firm’s Australian-based compliance and monitoring system, Australian ASX listed multicurrency tax reporting solution as well as its global custodian. 

Daryl Sisson, managing director, Pacific at Refinitiv said the current COVID-19 crisis has highlighted the need for wealth managers to digitise the way they generate investment decisions and share information with clients.

“We are delighted to work with Stellan Capital who [represents] a new breed of private wealth management firms,” Mr Sisson said. 

“In Refinitiv, they found a partner who, like them, [appreciates] that reliable data, presented in innovative ways, is critical in order to make informed recommendations for discerning clients.”

David Leon, Stellan Capital founding partner and portfolio manager said his firm had chosen to partner with Refinitiv to meet the increasing demands of investors.  

“Our core motivation in establishing Stellan was that we recognised there was a systematic shift in investor demand for a pure relationship-centered model where financial advice is truly bespoke and transparent for the client,” Mr Leon said.

Stellan was established in August last year, by a group of advisers who had previously worked at various global banks.

 

Refinitiv partners with boutique wealth manager
investordaily image
ID logo
Sarah Simpkins

Sarah Simpkins

Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth. 

Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio. 

You can contact her on [email protected].

related articles

promoted stories

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.