New Australian fintech CXi Software Pty Limited announce that PE Capital Funds Management Limited is now live on its cloud-based unit registry platform CXi-Registry™.
“We chose CXi as they were able to provide their cutting edge registry platform as well as advice in setting up our processes and fund structure in the system that we really needed” said Anthony Mann; Chief Operating Officer.
PEC, a Melbourne based diversified property investment manager, had found its business had grown beyond managing via internally managed databases and sought a robust solution that will scale with their growth projections.
“The CXi team were able to migrate us across from our legacy processes very quickly, with the whole process taking less than a month” said Mr. Mann. “This has made life much simpler for us and the CXi team was great to work with.”
“We’re very pleased to be working with PEC; they’re a terrific growing fund manager with great people and an interesting and unique business” said Séamus Ó Concheanainn, Managing Director of CXi. “Our Registry Solution is intuitive and simple to set up and use – to the point where we have the PE Capital team live on our system in just three weeks.”
PEC is CXi’s third client since launching CXI-Registry™ in July 2017. “We are providing solutions to solve a real problems in funds management administration; more fund managers want to own and control every aspect of their clients’ experience rather than outsourcing to third parties” said Enda Mahoney, Chief Operating Officer at CXi.
“Our scalable platform means all fund managers can now manage this in-house using simply, low cost technology” Mr. Mahoney continued, adding that “CXi is also currently building partnerships with select administrators in order to support fund managers for whom the outsourcing model is still preferable.”