CFS Edge adds Cboe quoted products

Cboe Australia, a regulated stock exchange for the securities and derivatives markets, has partnered with CFS Edge to make the full range of Cboe quoted products accessible to advisers on the platform.

Cboe Australia president, Emma Quinn, said the partnership with CFS underlined Cboe’s commitment to offering cutting-edge investment solutions to a greater number of Australians.

“We are delighted to announce this exciting partnership with Colonial First State and expand investor access through CFS Edge,” Ms Quinn said.

“As our quoted product offering continues to grow, so too, does demand from advisers and their clients for access to breakthrough investment options.

“This partnership with CFS is also the latest step in our journey to provide Australian investors with access to globally quoted ETPs and listed companies, which we expect to offer to Cboe participants from 2024, pending regulatory approval.”

CFS group executive, distribution, Bryce Quirk, said the partnership with Cboe served to provide further depth to CFS Edge.

“As advisers seek to build client portfolios designed to manage uncertain investment markets, it’s important they have access to the broadest possible range of investment solutions,” Mr Quirk said.

“By integrating Cboe Funds into CFS Edge, advisers and their clients will benefit from Cboe Australia’s wide range of premium ETFs and quoted managed funds.”

CFS initially launched the new wealth management platform in August 2023, aiming to enable digital adviser workflows, advanced data analytics, an integrated app store, and analysis tools for licensees, advisers, and members.

“CFS Edge is the first major new platform in the Australian wealth management sector in almost a decade,” Kelly Power, chief executive of Colonial First State Superannuation, said at the time.

“It utilises the best global wealth management technology and has been uniquely co-developed with financial advisers from the very start.”

Speaking at a launch event in Sydney in September, Mr Quirk flagged the ongoing development of the platform through additional features such as ESG preferences and capabilities that will further expand the range of available investment options and provide greater functionality for advisers.

“Advisers have told us that the needs of their clients are evolving, and we are responding at pace to those needs,” Mr Quirk said at the event.

“The breadth and depth of CFS Edge will give advisers the ability to blend simple low-cost solutions with the most sophisticated investment options in a single account, allowing them to service different client segments from a single platform.”