Swiss bank Credit Suisse's private banking division in Australia has signed on technology provider Praemium to provide the company with online portfolio administration.
Private clients of Credit Suisse will be able to use Praemium's V-Wrap portfolio administration software.
"Praemium's unique processing and tax engine is an ideal fit for the profile of clients which Credit Suisse is attracting," Praemium managing director Arthur Naoumidis said.
V-Wrap manages $20 billion in funds under administration.
