Apex Group appoints Novigi as data and technology partner to strengthen proposition in superannuation administration and expand market reach
Data and technology innovation, scale and capability offers sustainable pathway for growth with immediate implementation.
Specialist data and technology services provider Novigi has been appointed as the superannuation data and technology platform partner by Apex Group Ltd (Apex Group), the global financial services provider.
The appointment sees Novigi take on the data and administration technology function for Apex Group’s Australian Superannuation business (Apex Super). It builds on prior collaboration between Apex Group and Novigi and combines expertise and resources to deliver a scaled platform for current and future clients.
The Novigi and Apex Group shared history, marked by significant recent new client onboarding, has enabled continued collaboration and a natural build on prior success, strategically leveraging Novigi’s strong regional superannuation expertise with the global fund administration capabilities of Apex Group.
“As the Australian and New Zealand superannuation and wealth sectors continue to experience robust growth, there is an escalating demand for digitised and cost-effective fund administration services,” said Novigi Chief Executive Officer Ash Priest.
“This deal with Apex Group enables us to combine our complementary strengths to not only deliver for a significant portion of this high-growth sector, but also expand our market footprint as we continue a trajectory of scale.”
Earlier this year, Novigi announced the acquisition of QMV Solutions, which included market-leading data quality software, Investigate DQ, and marked a pivotal next phase of accelerated growth for the business.
“As we continue to pursue our growth targets, we are well-placed to scale alongside the industry, in particular by leveraging our robust data and technology platform managed services capabilities. This partnership aligns firmly with that objective,” Priest continued.
“With the unique advantage of being fully operational immediately, this collaboration further boosts our capacity for sustainable and organic growth as a trusted data and technology partner to the industry.
“We are delighted to welcome the Apex Super technology team to our operations,” Priest concluded.
Nick Happell, Regional Managing Director, Asia Pacific of Apex Group commented: “This agreement with Novigi is a great outcome for our Apex Super technology team as well as our clients. Apex Group and Novigi have proven success in collaboration, and we are delighted to extend our relationship as an opportunity to deliver meaningful value to market.”
“Importantly, this is further evidence of the position of our funds administration offering as a leading provider in the local Australian market. In particular, there is significant opportunity in the global pensions market to provide innovative, tech-enabled administration services. Establishing this model with Novigi is a powerful step in creating the capacity and capability to scale and service this growing need.”
Communiqués liés
Cargolux and Arthur Welter team up on hydrogenpowered trucki...
Cargolux and Arthur Welter are proud to announce their collaboration on a hydrog...
Apex Group appoints Novigi as data and technology partner to...
Data and technology innovation, scale and capability offers sustainable pathway ...
Telindus lance le NB-IoT sur le marché Luxembourgeois
Telindus, un des leaders des solutions ICT et de télécommunications au Luxembo...
EMEA AML SURVEY 2024 - Luxembourg competing for effectivenes...
Luxembourg AML teams tend to be reluctant to adopt new technologies: Only 53% in...
KPMG Luxembourg invests in its talents with 12 new leaders t...
KPMG aims to create one of the most innovative, healthy and inspiring working en...
Generative AI is set to be adopted by 85% of the software wo...
Generative AI (Gen AI) is expected to play a key role in augmenting the software...
Il n'y a aucun résultat pour votre recherche