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peejayhercules

6,732 Posts.

1606

02/02/18

15:11

Post #: 30774268
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Originally posted by Sandologist ↑

IAM signs and names CBA pilot, any thoughts?

INTIGER ENTERS INTO 3 PILOT AGREEMENTS HIGHLIGHTS: Intiger Group Ltd (‘Intiger’ or the ‘Company’) is pleased to advise that it has entered into agreements with three financial planning licensees (collectively ‘The Licensees’): 1. Commonwealth Financial Planning Limited 2. Financial Wisdom Limited 3. Count Financial Limited These agreements pertain to each of these companies conducting a pilot program trialling the provision of Intiger’s services. Subsequent agreements may be entered between the parties as the pilot program develops and the parties agree to progress. Summary of key terms: The Company has, through its wholly owned subsidiary Intiger Asset Management Pty Ltd (Intiger), entered into a Letter of Intent (‘LoI’) with Commonwealth Financial Planning, & separate Deeds of Agreement (‘DoA’) with Financial Wisdom & Count Financial. Key terms: ▪ Each Licensee & Intiger have agreed to conduct a pilot program under which Intiger will provide a range of administration services per an agreed scope. ▪ Services are to be provided to a select group of Practices & Branches as determined by the Licensee, with a view to facilitate the most efficient use of Intiger’s services. ▪ Pilots will commence in Q1 2018 & may be completed at any time within a 12 month period. Alternatively, the pilots may continue until terminated by either party or extended by agreement of the parties. ▪ Each of the Licensees are subsidiaries of the Commonwealth Bank of Australia (CBA). Background: ▪ Commonwealth Financial Planning provides financial planning services throughout Commonwealth Banks branch network

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I have a Watchlist called "Show Me The Money".
If any of these start generating "real revenue" the market might give them a very serious and quick re-rate.

IAM 3DP SYT BUD DTZ ELS FCT FGO FLC GMV PPH RBO SE1 VPC BEE
21 Upvote

0 Great analysis

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