Press Release: Financial Synergy : Financial Synergy Outlines Growth Strategy

Leading superannuation and investment software provider Financial Synergy has today outlined its growth strategy and operational development plans. The company is currently adding new Big Data functionality to its flagship Acurity platform and preparing for continued growth with an increase in its consultancy and product development headcount, and expanding or refreshing office space needs across its three offices. Fund efficiency and online member engagement were the driving factors behind the company's continued implementation of its Acurity platform and growth during the year with the addition of another 2 million member accounts and extra $150 billion of funds under management being administered across its core system. Financial Synergy CEO, Stephen Mackley explains: "We are excited to confirm Big Data is now a part of our offering and we continue to build out our flagship platform to help existing customers, plus those new to the Financial Synergy family with solutions that really underpin growth." Initiatives begin with the significant ramping up of research and development efforts to address a broad range of requests, and achieve its goal of ensuring Acurity stays ahead of standard market offerings. Mackley says: "We are balancing how we grow whilst we support existing and new businesses. Financial Synergy remains committed to resourcing all of our projects with a balance in headcount and skill level and this has seen us expand both numbers and ensure we have a wide range of experience levels available. Offering junior to senior team members better meets technical and budget requirements for less complicated support requirements. Our Consulting team has increased its numbers by 50% and our R&D is now serviced by 35 staff - and we are still hiring. A revitalised Graduate Intake Program has been kicked off to ensure that the company integrates the new wave of technology users into its future, whilst it builds the next generation of Financial Synergy team members." The Financial Synergy offices in Sydney and Melbourne are being refreshed with a new work space to cater for this expansion in team members and in Brisbane we are nearly doubling the current floor space to enable growth. Mackley concludes: "2015 has seen Financial Synergy and its clients, both existing and new make a big jump over the regulatory compliance hurdle to address functionality including fund efficiencies and online member engagement head on. We're currently committing resources for customer sites into Q1 and Q2 next year and our new additions with multiple levels of skills offerings will make this even easier." --Ends--