Peter Kennedy

Moneytech is a high growth financial services business offering a unique combination of finance, foreign exchange and payments to enable its customers to grow their own businesses faster and more profitably. Moneytech is a fintech which is filling the gaps left by a retreating bank sector and meeting new customer needs through technology.

In 2011 Peter founded Specialist Investment Management Pty Ltd (SIML) servicing wholesale investors in high yield fixed interest instruments, equities and derivatives. Specialist Investment Management Pty Ltd (SIML) brings high value, unique or difficult to access investment opportunities to Individual “wholesale” investors and self-managed super funds. In January 2017 The SIML Global ETF Fund commenced trading.

Whilst at Deutsche Bank AG we established the equity derivatives and trading business and a retail margin lending business distributing directly to clients. Within three years, Deutsche became the Australian market leader in equity derivatives.

OneVue, an Independent financial services organisation is Australia’s first provider of the unified managed account (UMA). This next generation platform is more than just a WRAP as it enables advisers to transact, administer and report across all assets and liabilities, all in the one place.

I began my career in investment banking at Hill Samuel Australia in 1980 which later became Macquarie Bank Limited and during this period of growth and change for both the industry and the bank I progressed from futures floor trader to being head of the futures broking business. We became the market leader in futures in Australia. Later, I had the responsibility for initiating product development, marketing and distribution in equity derivatives which included listing the first warrants on the ASX.

In 1998, I started my own securities dealing firm, Next Financial Limited. We specialised in Australian and offshore equities and derivatives providing unique investment opportunities for high net worth individuals and self-managed super funds and in 2007 became the second largest structured equity provider in the Australian market. As a private investment manager we specialised in Australian and offshore equities and derivatives. Recognised as providing highly innovative and unique investment solutions, by 2007 Next Financial was managing approximately AUD2.8 billion of client assets and liabilities. In 2006 we sold 30% of the business in 2006 and the remaining 70% in 2009.