NRI enters into an agreement to acquire AUSIEX

On 28 April 2020, NRI, one of Japan’s leading business consulting and technology solutions firms entered into an agreement with Commonwealth Bank Australia (CBA) to acquire Australian Investment Exchange Ltd (AUSIEX). AUSIEX trades under the name CommSec Adviser Services (CAS) which you would be more familiar with.

The acquisition includes the broking operations, licence and assets of AUSIEX. The broader CommSec retail broking business is not affected by the sale.

A shared vision

NRI is an independent, well capitalised and respected provider of wholesale technology and operational services to the Japanese broking market, serving over 80% of institutional brokers, 50% of retail brokers and 80% of asset managers.

We have a shared ambition to be the market leader in Australia for wholesale broking services and portfolio administration.

For more details on NRI take a look at our microsite.

What this means for you

In the short term there will be no impact or change for you and your clients. AUSIEX will work with NRI to implement a separation plan which will be communicated with plenty of notice. Additionally, there will be no difference to the way that you interact with us regarding any of our products and services.

It’s business as usual, which means you can still expect the same high standards of service from our team through any of our available channels.

More information

We appreciate you may have more questions about what this means, and how it will affect you and your clients’ over time, so have set up a dedicated microsite to support you though the transition.

For more details take a look at our microsite.

Published: 28 April 2020