Administration provider Link Group has made a strategic investment in Moneysoft, an Australia-based provider of real-time data, budgeting and reporting software.
Link Group said it expects the collaboration to augment its offering for superannuation funds as well as listed company clients.
The first suite of tools will be aimed at wealth management for superannuation fund members. The products will be delivered via Link’s member portal and mobile apps.
Later on, the two companies will develop products for Link's broader client base, such as companies, their shareholders and employees.
Link Group CEO of information, digital and data services Paul Gardiner said: "We are excited about the partnership and the opportunity to work more closely with Moneysoft.
"The more people are engaged with their finances, including their super fund balances and overall wealth portfolio, the more engaged they are with budgeting for the future."
Link Group, previously, also announced other technology collabaorations with companies such as DocuSign, Ignition Wealth and IXUP.
Moneysoft managing director Peter Malekas said:"Moneysoft is in a period of growth with several new products on the horizon targeting financial advisers and superannuation fund members, complementing Link's offering and technological expertise."