Australian wealth management software developer, InfoComp, today announced the renewal by Merrill Lynch Investment Managers (MLIM) Australia of its contract to use InfoComp's fund administration platform, Composer.
Robert DeDominicis, Chief Executive Officer of InfoComp, said, "We're exceptionally pleased that MLIM has again decided to extend their relationship with InfoComp."
"The renewal is another endorsement by a major international wealth manager of our wrap and fund administration platform, Composer."
"Our relationship with MLIM is entering its seventh year with them planning to upgrade to the latest version of Composer later this year. This will enable MLIM to take advantage of the new SOA capability, ComposerWeb and the Composer Business Integration Server. These latest offerings will further extend Composer's flexibility and integration options," Mr DeDominicis said.
Head of Operations at MLIM, Remo Memmolo, said today that "we are pleased to continue our relationship with InfoComp. The Fund Administration platform, Composer, provides us with a stable processing environment allowing us to provide efficient service to our clients."
He went on to say "we are looking forward to upgrading to the latest version of Composer and taking advantage of the new capabilities on offer."