Objectway Launches Investment Management Platform, illumas

The illumas platform has been launched to the UK market today, providing clients with a fully integrated front-to-back office platform intended for wealth and investment management firms, incorporating tools for business process management (BPM), embedded predictive analytics, portfolio management integration and front-to-back office operations management.

"[This is the] first release of a new industry-strength front-to-back wealth platform in the past five years," says Ian Hallam, chief executive officer of Objectway Limited. "illumas will support any wealth and investment management firm with its own distinctive growth strategy."

Based in Italy, Objectway strengthened its presence in the UK market through the acquisition of 3i Infotech (Western Europe), the UK division of 3i Infotech Ltd, on December 23, 2014, which included the illumas platform. 3i Infotech (Western Europe) was rebranded as Objectway London following the acquisition.

"We've been operating in the UK for many years now and we consider it a domestic market for Objectway," says Luigi Marciano, chief executive officer of Objectway Group. "We have a strategic, long-term commitment to serving this segment with innovative products like illumas."