Aussie fintech firm nominated for banking technology awards


The Banking Technology Awards has nominated Ignition Advice for the 2018 Banking Technology Awards, in the category Best Use of IT in Private Banking/Wealth Management.
The firm said it would be the only Australian-founded firm to have reached the awards’ final stage and the only fintech to have been selected as a finalist in the category Best Use of IT in Private Banking/Wealth Management.
The awards aimed to recognise excellence and innovation in the use of IT in financial services worldwide.
Ignition Advice chief executive, Manish Prasad, said: “This is an exciting time for Ignition as our international business is developing and our reputation is growing at a rapid rate.”
“To be a finalist in a respected and highly competitive global event such as the Banking Technology Awards recognises Ignition as a rising global player in the fintech space.”
Ignition Advice, which was founded in 2008 in Sydney, offers a multi-currency, multi-language platform, customised to local customs and regulatory compliance requirements.
In 2017, the firm opened its office in Ireland and launched its European business.
Recommended for you
The regulator has convened multiple sitting panels of the FSCP regarding AFSL breach reports which have identified poor superannuation advice from financial advisers.
One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures.
AFCA remains firm on its stance that industry failures occurring in the financial advice sector are fundamentally an advice issue, rather than a product issue.
A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and professionalism”.