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Meridian Asset Management C.I. Ltd Selects the Dion Wealth Intelligence Platform

Posted On: 2018-09-10 11:52:05

Dion Global Solutions (Dion - BSE: 526927), the leading supplier of modular Wealth Management solutions in the U.K., announced that Meridian Asset Management (C.I.) Ltd, an independent asset manager based in Jersey, have selected its Wealth Intelligence (WIN) platform for their core Investment Management and Asset Administration activities.

Having launched their Wealth Intelligence platform of modular solutions in March 2018, Dion Global is pleased to announce a new name to their coveted client base of Wealth Managers, Stockbrokers and Asset Managers in the UK, Ireland and now the Channel Islands.

The Wealth Intelligence platform is hosted on Amazon Web Services (AWS) and is a modular, data source agnostic solution providing a great deal of flexibility to user firms. Meridian will use the system to assist with investment decisions, dealing and a range of custody associated services in conjunction with their global custodian BNP Paribas Securities Services S.C.A, Jersey branch.

Meridian needed a system to retain books and records for their clients. Dion provides a full service offering to firms and will use its standard APIs to interface directly with BNP Paribas Securities Services S.C.A, Jersey branch.

David Mashiter, Managing Director at Meridian Asset Management (C.I.) Ltd said "We reviewed a number of UK based vendors before making our decision to select Dion Global. What became clear during this process was that Dion had a full range of functionality that we needed and, importantly, their people appeared to understand our business and have a lot of experience in working with similar firms to ourselves. This is important to us as we are a people business and trust is key to everything we do. We felt that the Dion team mirrored our values".

Kean Williams, Managing Director, Wealth & Post Trade solutions at Dion Global said "The Wealth Intelligence Platform is designed to allow firms to pick and choose any functionality from our entire suite and seamlessly integrate it within their own ecosystem, in this case with BNP Paribas Securities Services S.C.A, Jersey branch. We are delighted to be selected by Meridian and welcome them to our growing user base. Meridian will benefit from our hosted platform giving them a worry-free service joining a number of other Dion Global clients. We pride ourselves on being a people business with long standing partnerships with our clients, so it was pleasing to hear that this was an important part of the selection decision by Meridian".

Dion Global hosts their Annual Wealth Management conference on 20th September 2018 at the etc Venues in Bishopsgate, London. The afternoon session is open to market participants as they officially launch the Wealth Intelligence platform and allow attendees to preview a number of modules with solution experts at the event. If you wish to attend, please register your interest by emailing ginny.hawker@dionglobal.com.

Shares of DION GLOBAL SOLUTIONS LTD. was last trading in BSE at Rs.15.8 as compared to the previous close of Rs. 14.95. The total number of shares traded during the day was 4023 in over 27 trades.

The stock hit an intraday high of Rs. 16.7 and intraday low of 14.7. The net turnover during the day was Rs. 61886.


Source: Equity Bulls

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