BigFuture launches app update



Wealth management fintech BigFuture has today unveiled an update to their cloud-based application.
The new version of the product integrates automatic direct data feeds from banks, superannuation funds, share brokers and managed funds.
BigFuture chief executive, Donald Hellyer, said the company's aim was to develop an individual's confidence in making financial decisions.
"BigFuture's aim from the start was to offer a complete wealth management package, enabling people to see what they own and how this changes with time," Hellyer said.
"We have built a very powerful multicurrency database that displays asset and country allocation."
BigFuture was formed by Donald Hellyer, Chris Reay and Michael Clancy in May 2014, with the fintech's cloud-based application first launched in September last year.
The company said its application provides individuals with a unified portal for viewing "all their wealth in one place" as well as experimenting with retirement spending projections.
By using a stochastic simulation, titled Monte Carlo, the model allows members to model how they want to spend their wealth and then provides an evaluation regarding the likelihood of this lifestyle being funded.
"BigFuture has built a large library of engaging and informative education modules for beginner to expert," Hellyer said.
"BigFuture's retirement planning tools [allow] an individual to model the trade off between a desired lifestyle and the probability they will run out of retirement savings."
Recommended for you
The merger with L1 Capital will “inject new life” into Platinum, Morningstar believes, but is unlikely to boost Platinum’s declining funds under management.
More than half of the top 20 most popular shares bought by advised investors during the first half of 2025 were ETFs, according to AUSIEX data.
At least two-thirds of ETF flows are understood to be driven by intermediaries, according to Global X, as net flows into Australian ETFs spike 97 per cent in the first half of 2025.
Inflows for the first half of 2025 for GQG Partners stand at US$8 billion, but the firm has flagged fund underperformance could be a headwind for future flows.