DomaCom partners with MainstreamBPO

05-Mar-2013

By Krystine Lumanta

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DomaCom has partnered with MainstreamBPO to leverage the administration specialist’s areas of expertise ahead of its property platform release to market in the third quarter of 2013.

MainstreamBPO specialises in back and middle-office administration services for the managed fund, individually managed account, share registration and superannuation administration industries and supports a wide range of global asset classes.

“Securing agreement with MainstreamBPO completes the operational jigsaw for the DomaCom fund,” DomaCom chief executive Arthur Naoumidis said.

“MainstreamBPO operates on the best-of-breed software and provides back-office services to a range of high-end financial service organisations, including superannuation funds and managed account providers.
“We’re very pleased to partner with MainstreamBPO as we prepare to launch our new platform.”

Naoumidis founded and was former chief executive of Praemium.

He founded DomaCom in 2011 to provide a property asset allocation solution for the self-managed superannuation fund market, based on the concept of fractional investment.

The company had secured a number of business service partners, including Perpetual, ahead of its product launch.

DomaCom will be targeting the financial planning, accounting and mortgage broking sectors over the coming months with an adviser accreditation program and a number of adviser presentations nationwide.

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