Praemium Limited (PPS.AX)
Praemium Limited operates in the Software - Services industry of the Technology sector, headquartered in Melbourne, VIC, AU. The stock last traded at $0.78, up 0.65% on the session, giving a market capitalisation of $377.8M. Its beta of 0.48 implies it has historically moved less than the broad market.
Praemium Limited, an Australian firm founded in Melbourne in 2001, operates internationally, delivering a comprehensive suite of financial technology and services. The company provides integrated solutions to financial professionals, most notably a managed accounts platform that empowers advisors and wealth managers to craft bespoke investment strategies for their clientele. This includes offering virtual managed accounts (VMA) and their associated administrative services. Praemium also furnishes a variety of 'advice solutions', such as tools for practice optimization, report and financial plan generation, remuneration management, lead acquisition, and enhancing client interaction, in addition to its Wealthcraft services. These sophisticated offerings are primarily utilized by financial advisers, brokers, and accounting professionals.
Praemium Limited is most often compared with the following Technology names: