CMC Invest Embarks on Strategic Transformation of Post-Trade Operations, in Partnership with Contemi NOVA
Auckland / Singapore – 24 June 2025 — CMC Invest, the second largest and most trusted retail stockbrokers in Australia, has announced a strategic initiative to transform and future-proof CMC Connect, its business-to-business (B2B) post-trade operations in New Zealand; partnering with Contemi Solutions to become a full trading and clearing participant of both NZX and NZClear.
The partnership will see CMC bring its proven brokerage model to New Zealand with Contemi, a technology provider with a strong track record in the New Zealand market, implementing its NOVA Post Trade Back Office Settlement and Clearing platform.
This marks a major milestone in CMC’s broader vision to further scale its business, deliver an even better client experience, and position itself as a market leader in New Zealand.
“At CMC, our ambition has always been to combine innovation with a deep commitment to our clients,” said Andy Rogers, Director of Stockbroking at CMC. “As we scale our presence and streamline operations, this transformation is about more than upgrading systems. We are future-proofing our capabilities to meet the growing demands of retail investors, including support for 24-hour trading, multi-time zone operations, and broadening investment options for clients.”
“This strategic initiative is a reflection of CMC’s long-term vision to continually evolve in a dynamic regulatory and market environment,” Mr Rogers added. “We are excited about what this partnership will unlock for our clients and our business.”
As part of its New Zealand offering, CMC will introduce a model of direct ownership through client-specific Common Shareholder Numbers (CSNs). This structure has many similarities to the Holder Identification Number (HIN) framework used in Australia and will provide New Zealand investors with greater transparency, control, and security over their assets.
Gaurav Mehta, Chief Commercial Officer at Contemi Solutions, said: “CMC Invest is setting a bold example of how established firms can lead from the front in embracing digital change. We’re proud to support their journey and honoured to be part of a partnership that’s rooted in shared ambition and trust. With this partnership, we continue to focus on and invest in Oceanic region and support its continued growth.”
With a strong presence across global financial hubs and a clear focus on continuous improvement, CMC Invest is positioning itself for the next phase of sustainable growth, driven by operational agility, innovation, and a relentless focus on delivering value to clients.
About CMC Invest
CMC Invest is Australia’s largest non-bank share market investing platform. It offers its 1.2 million customers access to over 2,500 local stocks and ETFs and 40,000 international stocks and ETFs across 15 international markets – starting with $0 brokerage. CMC Invest is headquartered in London, with hubs in Sydney and Singapore.
About Contemi Solutions & NOVA Post Trade
Contemi Solutions is a global financial technology provider offering modular, cloud-native solutions to the insurance, wealth, and capital markets industries. NOVA, Contemi’s flagship post-trade platform, is a market leader in the APAC region, helping firms automate complex back-office processes with speed, accuracy, and compliance.
NOVA Post Trade is a comprehensive, cloud-based post-trade processing platform designed to automate and streamline middle- and back-office operations for financial institutions. Serving both retail and institutional brokers across Asia-Pacific and the UK, NOVA offers a modular and highly configurable solution that supports multi-asset classes, currencies, and markets.
With 25 years of industry experience, Contemi Solutions has positioned NOVA Post Trade as a trusted platform for automating post-trade operations, offering clients improved operational efficiency, reduced costs, and enhanced compliance capabilities.
Two Decades of Trust | Relentless Innovation
Powering Post-Trade for the Leaders of Today and Tomorrow
For more details, visit NOVA CONTEMI
Leave a Reply