June 27, 2018
Hobson Wealth Partners selects Thomson Reuters to power its business in New Zealand
AUCKLAND, 27 June, 2018 – Hobson Wealth Partners, a leading private wealth advisory firm in New Zealand, has selected Thomson Reuters wealth management platform to power its business and navigate an increasingly complex global environment.
Hobson Wealth Partners will leverage Thomson Reuters Eikon technology platform and digital tools to access the data and intelligence it needs to drive the discovery of new Alpha, unique investment opportunities, improved portfolio and risk management and higher trading profitability.
A recent report from Thomson Reuters on the digitalisation of the wealth management industry, which revealed that 68% of wealth managers say learning about and keeping up with new technology is the top challenge they face. The industry challenge and the opportunity, is helping ensure that wealth firms and their advisors are better equipped with the AI, advanced analytics, insight and technology necessary to meet their clients rapidly evolving investment and service needs.
Warren Couillault, Managing Director, Hobson Wealth Partners said, “The financial value chain is being unbundled and re-bundled so collaboration is the key to a successful future. At Hobson Wealth Partners we believe that we should focus on what we are best at, which is providing leading private wealth services, and partnering with other best-in-class providers to build our platform. Thomson Reuters was the obvious choice as the right partner for market data tools and analytics and we are excited to continue building our capabilities alongside them.”
Daryl Sisson, Managing Director, Financial & Risk, Pacific, Thomson Reuters, said, “New Zealand’s wealth management industry is clearly committed to investing in technology that enables it to capture the growing global wealth opportunity. Thomson Reuters is extremely pleased to have been selected by Hobson Wealth Partners to support their business with data and intelligence they need to drive smarter investing. We continue our commitment to supporting the growth of the industry in the Pacific region.”
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.