19 October 2017

Old Mutual implements Citisoft for Selestia project

05 December 2001  |  2702 views  |  0 Old Mutual implements Citisoft for Selestia project

Citisoft, the specialist investment management consultancy, has announced the successful completion of a project for Old Mutual's newly-launched IFA multi-manager business Selestia.

Through Selestia's online and offline services IFAs can access a series of tools that employ the same methodology used by major investment corporations, such as insurance companies and investment funds, to put together bespoke portfolios for their clients.

Citisoft was responsible for the definition and implementation of the investment administration process within Selestia, including the selection of FundsHub, which provides the technology infrastructure for the project.

Brett Williams, managing director of Selestia comments: "I believe that we at Selestia have developed a proposition that will revolutionise the way retail investment decisions are made and portfolios are managed in the UK. It is time for a market-led, customer-focused provider, free of the legacy systems that have hamstrung the traditional product providers."

Selestia currently offers ISAs, Pep transfers and collective investments. Offshore bonds and single premium life products will join the range from April 2002, and pension products from 2002, subject to authorisation.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Old Mutual chooses SunGard for pension administration

Old Mutual chooses SunGard for pension administration

28 November 2001  |  4843 views  |  0 comments
Norwich Union opens virtual learning centre for IFAs

Norwich Union opens virtual learning centre for IFAs

08 November 2001  |  2720 views  |  0 comments
Brief: Saga selects DBS for IFA business support

Brief: Saga selects DBS for IFA business support

23 October 2001  |  2617 views  |  0 comments
Norwich Union and My Money Advisor launch IFA Web programme

Norwich Union and My Money Advisor launch IFA Web programme

09 October 2001  |  3000 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.innotribe.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15518 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8711 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8349 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7795 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6962 views comments | 9 tweets | 17 linkedin

Featured job

Find your next job