Income Asset Management Group Limited (AU:IAM) has released an update.
Income Asset Management Group Limited (IAM) has announced a partnership with Perpetual Corporate Trust to enhance its Client Platform, promising over $4 million per annum in cost savings and improved client services, while targeting cashflow positivity by the end of FY25. The collaboration is aimed at streamlining technology and custody operations, reducing operational risk, and fostering scalable growth with a focus on efficient asset management and superior reporting services for clients. IAM’s CEO emphasized the partnership’s significant impact on reducing costs, optimizing operational efficiency, and boosting recurring annuity revenue.
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