- Australian Investment Exchange (AUSIEX) has chosen Complii Fintech Solutions (CF1) as its risk and compliance management platform provider for three years
- AUSIEX is one of Australia’s leading providers of trade execution, settlement and portfolio admin solutions
- Under the contract, Complii will be implementing a number of compliance modules for AUSIEX
- The contract reflects around $400,000 in agreed implementation costs and around $300,000 per annum in ongoing licence and hosting fees
- On market close, Complii is up 4.88 per cent and is trading at 4.3 cents per share
Australian Investment Exchange (AUSIEX) has chosen Complii Fintech Solutions (CF1) as its risk and compliance management platform provider.
AUSIEX is one of Australia’s leading providers of trade execution, settlement and portfolio admin solutions.
Under the contract, Complii will implement a number of compliance modules for AUSIEX and have committed to a three year contract.
The terms of the contract reflects around $400,000 in agreed implementation costs and around $300,000 per annum in ongoing licence and hosting fees.
Notably, last year, Nomura Research Institute (NRI) announced its Australian subsidiary, Nomura Research Institute Australia, entered an agreement to
buy 100 per cent of the shares of AUSIEX.
Complii technology successfully digitalises compliance, capital raising and operational functions, assisting around 95 Australian financial services licence holders and organisations to meet their regulatory obligations.
“We are delighted that NRI and AUSIEX have chosen Complii,” Managing Director Alison Sarich said.
“We see this as validation of our technology and the capabilities that Complii has developed which has enabled it to attract such a high calibre, local and now global client. This further affirms our position in the market as a leading fintech compliance and operational efficiency provider in Australia,” he added.
On market close, Complii is up 4.88 per cent and trading at 4.3 cents per share.