Australian Unity Wealth & Capital Markets Goes Live on thinkFolio from IHS Markit

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that the wealth arm of Australian Unity, a national health, wealth and living mutual company, is live on thinkFolio. The firm is using the investment management platform from IHS Markit to consolidate its portfolio management processes into a single, compliant and scalable solution.

Business growth and a focus on regulation and compliance were the main drivers for Australian Unity Wealth & Capital Markets centralizing its portfolio modelling, order and cash management technology on thinkFolio. The firm also needed to address functional gaps in its legacy systems for futures, derivatives and funds of funds which thinkFolio delivers.

“The rich functionality provided by thinkFolio for the front office extends beyond order management into portfolio management, enabling our fund managers to use the solution to model orders, calculate critical analytics and reduce dependency on custom spreadsheets, helping us to reduce operational risk,” said Antony Proksa, Head of Wealth Services at Australian Unity Wealth & Capital Markets. “Importantly, thinkFolio has also been easy to integrate with our existing infrastructure, including the Enterprise Data Management solution from IHS Markit, due to its open and flexible nature.”

“We’re delighted to be working with Australian Unity Wealth & Capital Markets and extending our footprint in Australia,” said Keith Viverito, global head of sales for thinkFolio at IHS Markit. “thinkFolio provides an open, scalable and flexible platform capable of supporting the firm’s multi asset investment management requirements.”

About IHS Markit (www.ihsmarkit.com)

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

IHS Markit is a registered trademark of IHS Markit Ltd. and/or its affiliates. All other company and product names may be trademarks of their respective owners © 2019 IHS Markit Ltd. All rights reserved.

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