InvestmentLink NZ Ltd was set-up through the combined efforts of several financial institutions who recognised the increasing need to electronically distribute data to financial intermediary groups.
Each institution was receiving many requests for data, many specifying different data formats. As every data format and interface carries a burden in terms of systems support and maintenance, supplying data to intermediaries was becoming very expensive.
InvestmentLink established an industry reporting hub to solve the problem. Connecting institutions to intermediaries via the hub now requires only one interface and one set of data formats.
Since its inception in 1996, InvestmentLink NZ has continued to grow, with constant development needed to cope with the demands of a dynamic industry.