The new Bill Vasilieff-led wrap platform Novia is expected to launch later this month with nearly three times as many adviser firms signed up than originally planned.
Currently in the final testing phase ahead of its whole of market release, Novia has 30 firms ready to use the system, far more than the 12 initially predicted. After a successful trial of its core composer system, Novia is ironing out the last remaining chinks to its front-end website. The wrap has been put through its paces during the soft launch period, with more than 3,000 trades executed so far. Vasilieff said the wrap had "no problem" accommodating additional partners. Meanwhile, Novia has joined the EMX Message System via a FIX connection, the industry standard for trades with ...
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