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News
19/2/2008
$491,633 MAPP grant for INVESTRAK
The Intelligent Island Market Access and Partnership Program (MAPP) awarded a $491,633 commercial grant to Future Medium for commercialisation of the INVESTRAK Web Reporting Infrastructure to national and global markets. Future Medium was one of seven Tasmanian ICT companies to receive funding in the third round of MAPP. MAPP is a competitive, merit-based grant program covering software development, commercialisation and market expansion.
INVESTRAK provides portfolio data management capabilities for financial products, including superannuation and managed funds. These include:
- Turnkey secure web access system for investors, advisers and dealers to view portfolio data
- Data-feed capabilities to provide portfolio data to external systems, such as financial planning desktop software
With the assistance of the MAPP Commercial grant Future Medium will develop market and commercial opportunities for INVESTRAK both nationally and overseas by leveraging existing and new relationships with partners in the financial services or web services sectors in Australia, Singapore, and New Zealand.
For further information please visit the INVESTRAK website or the following media releases from various government bodies:
