Praemium boosts SMSF functionality
In a statement to the Australian Securities Exchange, Praemium has announced it is adding self-managed super fund compliance and enhanced reporting to V-Wrap, its existing portfolio administration system for SMSFs.
“With over 10 years’ experience in providing portfolio administration we are well prepared to deliver a first-class solution to meet the needs of SMSF providers in this fast-growing space,” said chief executive officer Michael Ohanessian.
“By expanding V-Wrap’s capabilities to include full SMSF compliance we will be able to offer our clients a complete SMSF solution.”
The enhancements are targeted for delivery in the second half of 2013.