Powering Netwealth’s digital future for sustainable growth

/ AUSTRALIAN FINTECH /

Modernizing the platform behind 162,000+ accounts and $118B in funds.

50%

increased platform response

50%

faster deployment

140+

dedicated team members

/ SUMMARY /

Netwealth, a leading Australian fintech company, was seeking a technology partner to help them revamp their legacy infrastructure. To overcome this, Netwealth collaborated with Orient Software to re-engineer the platform using Azure hybrid cloud, microservices-based architecture, and AI-native development. This modernization uplifted platform responsiveness, reduced rollout time by nearly half, and positioned Netwealth for continuous digital innovation.

Location

Australia

Cooperation period

2019 - ongoing

Industry

Finance

Engagement model

Dedicated development team

Services used

Custom software development

/ The situation /

The system that built success starts slowing down

Founded in 1999, Netwealth set out with a bold vision: help Australians see wealth differently and feel more confident about their financial future. That thinking shaped every step forward. They built tools for advisers and created better experiences for investors, growing over time to support more than 162,000 accounts, over $118 billion in funds under administration, and thousands of advisers in Australia managing wealth. However, as the company grew, the existing system began to show its age. The platform that once enabled growth was now starting to limit how fast Netwealth could move.

Hitting platform limits

After more than a decade running on a monolithic architecture, Netwealth’s system struggled with growing data volumes and user activity, leading to slower operations for advisers and clients on the platform.

Slower to move

The current system makes it harder for Netwealth to roll out new features. Even small updates on the legacy architecture also required long release cycles and a level of risk that slowed everything down.

Rising market pressure

New fintech players were entering the market with cloud-native, high-tech platforms. Adviser expectations were changing, shaped by faster and more seamless digital experiences in other parts of their lives.

/ THE SOLUTION /

A modern platform, a powerful team behind it

It was the time when Netwealth needed to rethink how their platform could keep evolving. They needed engineers who could work as part of their team from day one. Orient stood out at that moment, convincing them with the proven proficiency in building fintech solutions for enterprise customers across Australia and the UK. By applying agile approach like Scrum and Nexus at scale, the Orient team gradually reshaped the legacy system, finding a balance between moving forward and keeping everything stable.

Breaking the monolith, without breaking the platform

The platform was revamped using a microservices-based architecture supported by a hybrid cloud environment. The new components were built to work alongside the existing system, with clear interfaces and integration patterns that keep everything connected, allowing Netwealth to modernize safely while keeping the platform running for advisers and clients.

From the outside, the experience remained consistent. From the inside, the foundation was being rebuilt.

Making speed possible, without increasing risk

With the new cloud infrastructure and DevOps practices in place, Netwealth could standardize release processes, enabling faster delivery of major improvements. Moreover, by integrating AI, teams were able to spot issues earlier, automate repetitive work, and make better decisions based on real data. The platform became faster, more stable, and easier for advisers and clients to rely on.

The result wasn’t just a faster delivery. It was the ability to move forward with clarity and control.

Building a team that could grow with the system

Over time, the Orient’s team became deeply integrated into Netwealth’s way of working. A stable leadership and coordination allowed the extended team to operate as an integrated part of their organization. Alongside this, we brought in specialists for operational support and back-office functions, helping to strengthen day-to-day operations and keep the platform running more smoothly.

Continuity mattered just as much as technology. Because systems evolve, but so does knowledge.

/ THE RESULTS /

A better experience for advisers and investors

The platform is no longer something that slows the business down. Instead, it now supports Netwealth in building trust with its users and moves them closer to their goal of delivering successful customer experiences.

147

specialists on the dedicated team

Nearly half of Orient’s workforce

The Orient team has grown alongside Netwealth, covering all the roles needed: Solution architects, software engineers, testers, DevOps specialists, data & AI experts.

Nearly half of Orient’s workforce

The Orient team has grown alongside Netwealth, covering all the roles needed: Solution architects, software engineers, testers, DevOps specialists, data & AI experts.

50%

faster deployment cycles

More reliable updates on Azure

The microservices-based architecture on Azure enables more frequent releases without disrupting users. Moreover, scaling infrastructure also helps the system handle growing volumes of transactions.

More reliable updates on Azure

The microservices-based architecture on Azure enables more frequent releases without disrupting users. Moreover, scaling infrastructure also helps the system handle growing volumes of transactions.

50%

uplift in platform responsiveness

Smoother for advisers and investors

Navigation, task completion, and information access all felt more seamless. Help advisers work efficiently and give investors a smoother experience.

Smoother for advisers and investors

Navigation, task completion, and information access all felt more seamless. Help advisers work efficiently and give investors a smoother experience.

Smarter decisions

through better data

Long-term direction support

Improvements in data and analytics have opened better reporting and deeper insights, helping Netwealth make more informed decisions.

Long-term direction support

Improvements in data and analytics have opened better reporting and deeper insights, helping Netwealth make more informed decisions.

/ TECH STACKS /

Angular

Stencil

jQuery

Knockout

Umbraco

/ Testimonial /

“Our partnership with Orient has been instrumental in driving data-driven success. Their expertise in data science and analytics has consistently exceeded our expectations. Building on this strong foundation, we confidently partner with Orient in our AI initiative. The flexibility of their AI consulting service and the ability to translate complex concepts into business value is truly impressive. We look forward to many more years of innovation and growth together.”

Netwealth’s CIO