NZX Wealth Technologies selected by Saturn Advice

MARKET RELEASE






NZX Wealth Technologies selected by Saturn Advice
10 DECEMBER 2019 – NZX today confirmed further momentum for the company’s Wealth Technologies
business (NZXWT), through a partnership with Saturn Advice to support their investment and wealth
management services.
CEO of NZX Wealth Technologies Limited, Lisa Brock, says the Letter of Intent signed with New Zealand-
based Saturn Advice was the first step toward a services agreement under which NZXWT would provide
custody and operational services using the full capability of the new platform launched in November 2018.
NZXWT currently has more than 20,000 portfolios being managed through its new wealth management
platform, with Funds Under Administration (FUA) up 86% year-on-year to more than $2 billion at 30 June
2019.
NZXWT’s platform allows wealth managers to efficiently maintain and report on their customers’
investment portfolios – featuring a management reporting framework for users to self -service data queries
and provides simple downloads for analysis. Pre and post trade compliance checks are customisable in
an automatic notification framework with multiple channel options.
ENDS
For further information, please contact:

Media – David Glendining 027 301 9248
Saturn Advice – John McConnell 021 241 9742

About NZX:
For more than 150 years we have been creating opportunities for Kiwis to grow their personal wealth and
helping businesses prosper. As New Zealand’s Exchange, we are proud of our record in supporting the
growth and global ambitions of local companies.
NZX operates New Zealand's equity, debt, funds, derivatives and energy markets. To support the growth
of our markets, we provide trading, clearing, settlement, depository and data services for our customers.
We also own Smartshares, New Zealand's only issuer of listed Exchange Traded Funds (ETFs), and
KiwiSaver provider SuperLife. NZX Wealth Technologies is a 100-owned subsidiary delivering rich online
platform functionality to enable New Zealand investment advisors and providers to efficiently manage,
trade and administer their client's assets. Learn more about us at: www.nzx.com