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Showing 91 - 100 of 392 results for "Automated"

Court dismisses Westpac lending practice case

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
... properly assess whether borrowers could meet repayment obligations before entering into home loan contracts. Westpac's automated system used a benchmark called the Household Expenditure Measure or HEM to assess consumer expenses failed to account for ...

Subscription advice brings in US $1 billion

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUL 2019
... invest should be no different." The subscription offering from Schwab is designed for clients who want a combination of automated portfolio management and comprehensive financial planning. The firm said clients from a wide range of demographics with ...

AustralianSuper, Link renew mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUN 2019
... with two options for the fund to roll for an additional year each. The services Link will continue to provide include automated back office processing, contact centre operations and insurance claim processing. Link will also provide data and cybersecurity ...

Suncorp Super faces action over adviser pay

JAMIE WILLIAMSON  |  TUESDAY, 4 JUN 2019
... a new fee-free account for them in order to pay their refund. An administrative error saw these individuals sent an automated welcome message and Suncorp is now in the process of contacting those impacted to apologise.

Macquarie Securities cops ASIC penalty

KANIKA SOOD  |  MONDAY, 3 JUN 2019
... person on whose instructions Macquarie was acting) and intermediary (AFSL number of an intermediary using Macquarie's automated order processing system). "The MDP emphasised that the provision of accurate regulatory data enhances market transparency ...

Industry fund appoints inaugural CIO

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
... such as an Indexed Balanced Option, member apps, digital card, API platforms, data analytics, CRM system upgrades and automated campaigns. "The fund needs to continue to ensure we build capability in governance, product and innovation to respond to member's ...

NAB sells fund administration business

HARRISON WORLEY  |  MONDAY, 20 MAY 2019
... offering, to provide Australian custodian banks, wrap platforms and wealth managers with access to Vestima, its fully-automated global funds processing platform. Ausmaq chief executive Ravi Subramaniam said the sale was the beginning of a new chapter ...

IRESS partners with bank

ELIZABETH MCARTHUR  |  THURSDAY, 2 MAY 2019
... provides application capture and assessment as well as assisting in orchestrating the approvals and settlements through automated workflows. IRESS said the software reduces effort and cost for lenders and improves outcomes for borrowers and brokers by ...

New fund administrator enters Australian market

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... the next step. FRS said there is demand in Australia for software that can provide unit pricing, fund administration, automated cash allocation, rebalancing, trade order management and oversight. It said the Australian market is ripe for disruption from ...

Saxo launches digital access to Chinese bonds

JAMIE WILLIAMSON  |  WEDNESDAY, 6 MAR 2019
... in, for example Chinese onshore government bonds and central bank paper, institutional clients get simple, efficient automated access to a market that has historically been complicated and cumbersome for foreign investors to access," Saxo said. The Chinese ...