Financial Synergy has established a managed services division to offer comprehensive Software as a Service (SaaS) for the super and wealth management industry.
The new team will be lead by global services specialist, Lynne Dhami, who will focus on building a strategic central point for outsources software and solutions delivery.
In addition to this, the firm has introduced the Centre of Excellence that will ensure sustainable business development and add to the company's strategic overhaul.
Financial Synergy chief executive, Stephen Mackley, said that the new division will begin the company's strategic offering moving forward.
"Outsourcing software requirements, specialist support, and maintenance are beneficial for two key reasons. It moves platform investment from a capital expense to an operational expense for funds, and also allows management teams and investment committees to focus on what to deliver to members, rather than how to deliver to members," he said.
Dhami will bring her extensive IT and technology background to the role and plans to grow the company to be ahead of the game.
"The company has an excellent reputation in the market and is known for its dedication and professionalism," she said.
"It's exciting to be able to build something that is already in great demand, with such solid foundation."