Launching a fully automated wealth service over a digital channel
Introduction
Our client is a new generation wealth platform for accredited investors, promoting and distributing investment opportunities in the commodities and resources sector. Backed by a consortium of leading firms in the international commodities and brokerage industry, the platform will initially launch in the Australian market with plans to expand globally. The first investment products on platform will be capital raises for listed companies and managed as conventional investment products. DAWN Direct™ was selected with the vision of rapid digital transformation with the benefits of seamlessly offering both conventional and digital securities to maximise the choice of investment options to investors.
The Challenge
Skyhook Capital was tasked to design a scalable and flexible solution as a foundation to grow the business by easily incorporating new services and decentralised financial innovations accessible through digital assets and securities.
The Solution
Skyhook’s DAWN Direct™ has been designed to offer clients an end-to-end product distribution channel directly targeted at investors. A white-labelled investor portal, hosted on the cloud-based platform, promotes and manages the distribution of designated investment products.
- Promotion of capital raises for the commodities and resources industry on selected international equity markets as procured by the client
- Optional tokenization services and infrastructure to support the distribution and servicing of digital securities as part of the client’s future roadmap
- Digital on-boarding (KYC) of accredited investors in accordance with the required regulatory environments starting with Australia (S708 Sophisticated and Professional Investors) plus other selected Asian markets and configured to expand globally
- Broker connectivity and offer & bid management functionality to efficiently support deal flow access and allocation to investors, fully managed by the client through the back office admin portal
- Integration of Symphony’s communication-powered networked market infrastructure, the largest global community in financial services supporting broker connectivity and communication
- Integration of exchange-based market data and news announcements with the option to expand to global coverage
Conclusion: Ready for the Digital Future
DAWN Direct™ provided the client with a core platform to launch an entire new business delivered through a digital channel. The implementation is configured as a hosted service configured to the client’s specifications and integrated into third-party systems. The Skyhook DAWN™ infrastructure offers a flexible, scalable and cost-effective technology environment to support the current requirements and future roadmap to enhance the services delivered over a single digital channel.
