Australian software developer, InfoComp, announced the first sale of the ASP version of its fund administration platform, Composer, to Fundhost – an Australian financial services provider to boutique fund managers.
Fundhost now only requires Internet access to use InfoComp’s fund administration platform, Composer.
“The availability of Composer as an ASP makes Composer more cost-effective and easier to access for businesses that don’t necessarily have the resources to install and manage Composer in-house,” said CEO of InfoComp, Rob DeDominicis. “Most of our clients are large institutions, however our ASP solution makes Composer available to any business in need of it. It doesn’t matter whether that business is large, small or somewhere in between. It will extend our reach and service offering to all organisations of all sizes.”
InfoComp is an IBM solutions partner and also leverages off Telstra’s infrastructure for the delivery of its ASP services.