Novigi crosses Tasman as Apex onboards Mercer NZ

Mike Taylor

Managing Editor and Publisher

25 June 2026

Financial services technology provider Novigi will expand into New Zealand as the technology partner to Apex Group which has entered into an agreement to onboard Mercer New Zealand’s fund administration operations.

Apex Group announced the move yesterday noting that it already has a a well-established fund administration, custody, transfer agency and wealth administration business in New Zealand, with more than 200 employees providing outsourced administration services across KiwiSaver, superannuation and investment products to over 500 funds.

It said this includes ManCo fund hosting solutions and the InvestNow direct-to-consumer platform.

Apex said the move will see Mercer’s experienced New Zealand administration team and operational capabilities integrated into Apex Group, ensuring continuity of service for clients while further complementing Apex Group’s fund administration and registry capability in the New Zealand market.

The agreement is expected to be completed in the fourth quarter of 2026.

The announcement said that as part of its continued investment in the region, Apex Group’s technology partner, Novigi, is expanding into New Zealand, building on its long-standing partnership with Apex Group in Australia.

“This expansion supports Apex Group’s evolving operating model as it integrates Mercer’s business. Novigi brings specialist expertise in data, technology and digital delivery to support scalable, future-ready solutions across Australasia,” it said.

It said operating as an extension of Apex Group’s Australasian team, Novigi will support continuity, accountability, and a seamless client experience.

“As Novigi establishes its presence in New Zealand, Apex Group remains focused on maintaining business-as-usual delivery while progressively enhancing its service model to meet evolving client needs.”

Commenting on the move, Apex Group chief executive and founder, Peter Hughes said Australasia is a priority growth region for Apex Group, and New Zealand is a key part of that strategy.

“This agreement reflects our disciplined, long-term approach to building scale and capability in the market. We are bringing Mercer’s experienced administration team into Apex Group while continuing to invest in technology through the expansion of our partnership with Novigi.

“Together, these investments strengthen our platform, create meaningful opportunities for our staff, and enable us to deliver consistent, market leading outcomes for clients as we deepen our presence across New Zealand.”