Kinsted Wealth deploys Objectway for discretionary portfolio management
Kinsted Wealth has opted for the investment management platform of software provider Objectway as it seeks to “focus on our core business”, according to president and CCO Adam Payne.
Kinsted Wealth partners Objectway for wealthtech
The Canadian wealth manager is to leverage the technology throughout its discretionary business and external advisor network in an effort to strike “omnichannel interaction, client engagement and front-office productivity”.
The deployment will afford Kinsted Wealth access to straight-through processing for order execution, alongside automated compliance monitoring, and asset allocation capabilities between client portfolios and internal pool funds.
Headquartered in Milan, Italy, Objectway has also been tasked with seizing the reins of Kinsted Wealth’s data migration, management, and storage, a remit it intends to fulfil through its private cloud data centre situated in Canada.
Objectway’s position in Canada was further reinforced back in January when it acquired the digital wealth solutions provider Nest Wealth, a deal which included a client portfolio containing half of the country’s six largest banks, alongside onboarding, account opening and financial planning solutions.
