Automic Group Sets Sights on Registry Industry Transformation | News | Automic Group

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Automic Group sights set on registry industry transformation with investment in technology, senior hires, and business growth

automic group sets sights on registry industry information
  • New leadership appointments include COO, CMO, and CPO
  • Company announces strong momentum, now working with 1,000 clients and supporting over 67% of IPOs in 2022 so far
  • Market-leading software update for share registry and board management tools

Automic Group, one of Australia’s largest share registry services, has announced a series of organisational and service offering developments that will help drive the business’ objective of transforming experiences for its base of more than 1,000 clients.

With strong growth supported by senior hires, a unique proactive customer service model, and a new software release for company registries, Automic Group is making a statement to the sector for how investment in technology, people, and innovation can deliver better outcomes for share registry and board management.

Automic Group’s latest software release and unique service model have been designed to support better outcomes by delivering innovative functionality that provide significant efficiency and accuracy while reducing the admin burden by streamlining tasks with automation tools.

Founded in 2016, Automic Group operates with more than 1,000 ASX-listed and unlisted companies and is the number one provider of IPO services in Australia, supporting 47% in 2021 with 67% of IPOs in 2022 so far managed by Automic Group.

In bolstering its position as a leader in supporting top-ASX listed and high-growth unlisted companies, the Automic Group C-Suite has seen additions to operations, marketing, and people management as the projected team growth is set for 100 new employees by the end of 2022.

Paul Williams, Managing Director and Chief Executive Officer of Automic Group says, “Our objective at Automic Group is to revolutionise what share registry can be. We are doing this through significant investment in innovative technology and services that evolve with business and industry through the use of real-time data, a proactive service model, and insights to proactively solve real challenges and create opportunities for our clients.

“The Australian company registry service model has remained relatively unchanged for many years. We see this as an opportunity for our unmatched technology to be the game-changer in the industry.”

“This announcement is testament to our commitment to lead the market, expand our offering, and work with our clients to develop the best registry technology and service model designed for the nature of today’s business requirements.

“We have invested in talent across a variety of industries to bring out-of-the-box thinking to the antiquated share registry market with 88% of our technology investment going towards new development rather than day-to-day operations.”

Automic Group has developed a proactive customer service model which leverages a single registry and board management platform that unlocks real-time data to improve governance, reduce reporting errors, minimise risk, and increase efficiencies in the process of engaging with shareholders ahead of and during company meetings.

Today’s announcement builds on the company’s reputation of being the Australia’s preferred registry, further proof points to support this include:

  • Automic Group has grown its client base by over 1300% to now service over 1,000 ASX-listed and unlisted, including Siteminder, Guzman y Gomez, NobleOak, Air Tasker, Zip, and Helloworld Travel.
  • In the ASX 200, Automic Group’s registry clients are Imugene, Sandfire Resources, Champion Iron, and De Grey Mining other clients in the ASX200 include Zip (CoSec) and Perpetual (MIS Client).
  • Its managed funds technology services are increasingly used by leading asset managers, such as Magellan, Pinnacle, Metrics Credit Partners, Perpetual, Plato, and Wilson Asset Management.
  • Recently, a satellite office was opened in Brisbane increasing the national footprint to four locations; other offices include Sydney, Melbourne, and Perth.
  • In late 2021, Five V Capital demonstrated its confidence in Automic Group’s sustainable, market-leading technology with an $80M investment leading to the $200M valuation.
  • Further supporting the success of Automic Group’s proactive customer service model, 4 out of 5 listed companies transitioned to their platform in 2021 when making the decision to move.
  • Andrew Wilson has joined Automic Group as Chief Operations Officer (ex-Ascender), Kelly McFadden appointed to Chief People Officer (ex-Ascender) and Phillipa Healy hired to Chief Marketing Officer (ex-PIMCO).

Automic Group

Since launching in 2016 as the first integrated cloud-based registry platform to the Australian market, Automic Group has grown to work with over 1,000 ASX listed and unlisted entities.

Automic’s innovative technology enables efficiencies for companies through the automation of governance-related tasks, rich registry reporting, and real-time data insights that can be accessed on-demand through an always available digital interface that is leading the market.

To complement their registry services, Automic also provides integrated Company Secretarial, CFO advisory and Legal services.