The financial market data provider has partnered with Stellan Capital for the move.

Refinitiv said its wealth management team has built a custom platform that incorporates Stellan’s core technology requirements, including global access to market data, content and research, with efficient global order execution on over 30 exchanges.

Other benefits are said to include portfolio analysis, portfolio modeling and efficient rebalancing capabilities, as well as integration with Stellan’s other core systems, including the firm’s Australian-based compliance and monitoring system, its Australian listed tax reporting solution ASX as well as its global custodian.

Darryl Sisson, managing director, Pacific at Refinitiv, said the current COVID-19 crisis has highlighted the need for wealth managers to digitize the way they generate investment decisions and share information with clients.

“We are delighted to be working with Stellan Capital who [represents] a new breed of private wealth management firms,” Mr Sison said.

"In Refinitiv, they found a partner who, like them, [appreciates] that reliable data presented in innovative ways is critical to making informed recommendations for discerning clients.”

David Leon, Stellan Capital's founding partner and portfolio manager, said his firm chose to partner with Refinitiv to meet growing investor demand.

"Our main motivation in creating Stellan was that we realized there was a systematic shift in investor demand towards a purely relationship-based model where financial advice is truly individualized and transparent to the client," Mr Leon said.

Stellan was established in August last year by a group of advisers who previously worked at various global banks.

Sarah Simpkins

Sarah Simpkins is a journalist at Momentum Media, reporting mainly on banking, financial services and wealth.

Prior to joining the team in 2018, Sarah worked in commercial media and produced stories for a current affairs program on public radio.

You can contact her at [email protected].