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SuiteBox eyes Australasian expansion

Mortgage software company SuiteBox has announced it will ramp up its presence in Australasia over the next six months, in the lead-up to its global expansion in 2017.

SuiteBox chief executive officer Ian Dunbar said the mobile platform is prioritising Australasian growth in the second half of this year as it prepares to launch globally early next year.

"SuiteBox has had global ambitions from day one. The technology is applicable in highly regulated and compliance-driven world economies as well as in developing economics, where physical distance and travel could be an issue," he said.

"Equally, SuiteBox has application across a number of professional industry verticals like law, accounting and even medicine.

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"However, our first priority is to rapidly grow SuiteBox in Australasia among financial services companies. Our integration with Midwinter is an excellent example of a mutually beneficial partnership and we look forward to announcing new partnerships in due course."

In terms of Suitebox’s global growth plans, Mr Dunbar said the company is already in discussions with financial services groups in South Africa and the UK and is set to open offices in these countries in the near term.

"The UK and South African financial planning communities have similar compliance and regulatory pressures to Australia and SuiteBox could easily be adopted by [financial advisers] there," he said.

"Financial advisers are time poor and a tool that enables them to engage more regularly face to face, but without the associated travel time and in a compliance supportive way, is high on their wish list.

"By embracing technology and innovation, financial services professionals have the opportunity to create truly mobile virtual meetings between themselves and their clients and SuiteBox is excited to be at the forefront of delivering mobile office solutions globally."

[Related: SuiteBox announces key board appointments]

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