Praemium is a provider of investment platforms, portfolio administration and CRM solutions to financial advisers, investment managers, institutions, accountants and product providers.
As of 2014, the company supports over 700 corporate firms, from small businesses to large institutional clients. They administer over 300,000 investor accounts covering over $80bn in funds globally. They recorded a positive operating cash flow of £8.6m and remained debt in the preceding financial year.
Financial advisers can select models from one or more investment managers using Praemium’s DPS Select tool, or those with discretionary capability can run their own strategies with DPS Direct.
Established in Australia in 2001 and led by managing director, John Martin, Praemium now has offices in UK, Jersey and Hong Kong. Praemium International’s cloud-based offshore platform serves the global expat investor community from a regulatory jurisdiction in Jersey.