FOR IMMEDIATE RELEASE

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VILLAGEMALL®
 Online Investment solutions for Brokers, Advisors and their Clients

VillageMall process in excess of 16,000 portfolio's with over $1Billion of funds.

 

Brisbane, Australia,- October 2010 - VillageMall®, the premier provider of Web-based applications provider, today announced a major millstone in daily processing of client portfolio's. 

"With the total funds under management now exceeding $1Billion and our daily processing of over 16,000 active client portfolio's" we have achieved a significant processing and market penetration for our unique broker and advisor portfolio solutions. Our unique technologies allow us to mass deploy client portfolio's, we have achieved a peek deployment over 1,000 portfolio's per minute. There is no other platform that gets close to this type of performance."   said Charles Moore.

Our next generation of online investment and ordering applications is specifically designed for Brokers, Advisors and their clients, eliminating the need to wait for a statement, or contract note to check client valuations, or sort through the shoebox of dividend and corporate action notifications. By keeping all the information about a clients investments on one online system, the client, advisor and brokers is able to review and analyse a portfolio at any time. we even provide dealer groups with a daily view of the total FUM per advisor account, advisors have online access to all their linked clients.

With the introduction of daily portfolio balances, we have seen a change in how our Brokers and advisors manage their clients, they have developed innovative services offerings based upon the daily Funds under management. We have found that over 80% of most broker trading accounts have less than $10,000 dollars, while less than 5% have in excess of $1M dollars, the ability to "know your clients" and to target your services is a unique competitive advantage within the current tight market conditions for all Brokers.

Within the current turbulent markets world-wide, one cannot wait until the end of year to make investment and taxation decisions." commented Charles Moore.

Established in May 1999, VillageMall supports Australian ASX participants, their dealer groups, Advisors and clients.

Price

From as low as $25 per client account per year, or $4 per client account per month.


About VillageMall Web Portfolio

The best decisions cannot be made without accurate and up-to-date information. Keeping track of an investment portfolio is crucial to allow the right decisions about investments to be made and to manage the associated tax position. Specifically designed with this in mind, our online Web Portfolio administration service provides a daily accurate and daily investment reporting portfolio.

Villagemall's unique Automation RobotTM works tirelessly after hours, performing all the portfolio tasks, including an extensive set of quality assurance tests, to ensure that each morning there is a fully audited up-to-date daily position.

We provide the fully integrated platform, with ASX third-party clearing and custodian services, this is the only Portfolio system to match on a daily basis, processed contracts, corporate actions, dividends etc for equities and options against chess, broker and issuer, and margin lending account holdings.

Web-Portfolio  opens up this ‘next generation’ of capabilities to all Australian brokers, and their dealer groups and their clients.

More information here.

About VillageMall

VillageMall is a pioneer in developing secure next generation Internet applications for small business
VillageMall is a privately held company,
founded in 1999 and is headquartered in Brisbane, Australia.
For more information please contact us or visit the company Web site at www.Villagemall.com.au.