Novia Financial plc launched to market in October 2008 to
provide a comprehensive wealth management service or 'full wrap
platform' for investment advisers and their clients. Novia provides
a transparent pricing structure as well as access to a wide range
of product wrappers, an extensive suite of portfolio management
tools, and access to an extensive range of investment classes
including shares, bonds, traditional authorised funds, ETFs and
alternative investments as well as a Cash Facility.
The core operating system is provided by Australian
based GBST who have been developing software solutions for
fund administration and financial services since 1996, and for wrap
solutions since 1999, amassing $186bn (AU) in assets under
management on their systems. The comprehensive suite of portfolio
management tools is powered by Financial Express, who also provide
the data for the platform, and the illustrations are provided by
Dunstan Thomas.
The Novia team, based in Bath, is led by Bill Vasilieff ex Sales
and Marketing director and joint cofounder of Selestia. Novia as an
independent proposition has substantial financial backing from a
combination of private individuals and corporate organisations. The
board is chaired by Sir Anthony Cleaver (former chairman and chief
executive of IBM in the UK). Other members include John Beaumont,
non executive, who has held a number of non executive roles in
major public organisations and several technology startups, Tim
Levy (non executive and investor), Chief Executive of Future
Capital Partners, David Royds (non executive and investor) Chairman
of Matrix group and Bill Vasilieff as CEO.
Novia Financial plc is authorised and regulated by the Financial
Services Authority.
