Online application system deployment for margin lending firm

Peter Dinham
Friday, 19 June 2009 10:24

Business IT - Technology

Taten, a provider of customised software solutions for the financial services industry, was founded by Jeff Lim and wife Lynda in 1992, and according to the Lims the business had its second best year last year, weathering the storm of the financial downturn with a steady increase in clients.

Despite the downturn, they claim client growth last year and again this year stands at around 70%, with the client roster including Queensland’s Sun Super superannuation fund, the Bank of Queensland, stockbrokers Wilson HTM, Heritage Building Society and funeral director, Tobin Brothers who have deployed an online funeral planning application.

However, the nature of the business Taten is doing now has changed, and Lim says clients  are undertaking more due dilligence and wanting more sophisticated solutions, along with cost reductions and other cost and efficiency benefits.

Lim reckons the nature of the market demands Taten is now seeing plays into the “value proposition we bring to the table.”

According to Lim there’s been a great deal of collaborative work with clients and he expects that to continue, along with the growth of the business.