Level 11, 50 Queen Street, Melbourne, VIC 3000, Australia
The story of CXi Software (CXi) began with the identification of a deficiency in the unit registry operations of many fund managers
Unit registry and fund administration operations are highly regulated and can be complex, however many fund managers were using spreadsheets for their unit registry and fund administration – a practice both labour intensive and high risk – due to the lack of a decent, cost effective alternative.
There were existing systems available, but they were often a very expensive solution for the required level of functionality and they used old technology.
CXi viewed this situation as an opportunity and set out in 2015, with a small software development team, to build a new Software as a Service (SaaS) model unit registry system. Utilising latest technology, the objective was to develop a software service that is accessible to all fund managers and fund administrators regardless of size, that is scalable, flexible, offers comprehensive functionality and easily integrates with other products.
CXi now has a number of live clients and has received industry recognition with Fintech and Regtech awards.
CXi-Registry is an award winning member registry platform designed to deliver the best administration, management, investor and advisor experience available while never compromising on security, legislative compliance or system performance. CXi-Registry's modular design and service-based architecture supports all forms of unit registry including party paid and stapled securities for fund managers......