Financial Risk Solutions’s (FRS), Invest|Pro, has entered into the Australian investment administration software market, following an acquisition by Constellation Software.
FRS’s Invest|Pro system is to be delivered in a cloud deployment on Microsoft Azure locally in Australia.
The system provides unit pricing, fund administration, automated cash allocation, rebalancing and trade order management and oversight.
Matthew Baldwin, managing director of Asia for FRS, said: “Unit pricing and fund admin projects can be complex. FRS is proud of its proven track record of delivering its Invest|Pro software within the agreed timeframe and at the agreed budgeted cost.”
He added: “This move into the Australian market is incredibly exciting for everyone at FRS and culminates a period of growth, both in terms of geographical expansion but also assets under management on the Invest|Pro system.”
