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Showing 1431 - 1440 of 9462 results for "tech"

Macquarie reports decline in earnings amid weaker trading

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
Macquarie Group has reported a decrease in earnings for the first quarter of 2024, influenced by weaker trading conditions. Macquarie chief executive Shemara Wikramanayake said the drop in profits was influenced by a reduction in investment related ...

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
The wealth group will consolidate its self-employed licensees under one brand, to be owned by the advisers via a new equity model. It has also confirmed it will divest most of its holding in Godfrey Pembroke and is looking to sell Millennium3. Insignia ...

BlackRock to enter Indian asset management industry

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... combine BlackRock's scale and investment expertise with JFS's local knowledge and digital infrastructure resources to deliver tech-enabled access to investment solutions to the Indian market. BlackRock and JFS are targeting initial investments of approximately ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... Jack encourages advisers to look at three key areas of practice: technology, training, and testing. "Firstly, setting the tech is an essential. Secondly, we look at training the teams, or what I call 'rebooting the humans', and the third area is being ...

Recession risk is receding: Natixis IM

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... in higher rates for some time yet. Strategists generally think it will take until 2025 until targets are met." While big tech drove an equity rally in H1 2023, the report said less than a third of respondents expect it to "continue steadily" and 6% of ...

GBST snaps up Advice Intelligence

ANDREW MCKEAN  |  TUESDAY, 25 JUL 2023
GBST, a cloud-based SaaS wealth management provider, has acquired Advice Intelligence, the financial planning software provider that entered voluntary administration in May. GBST chief executive Robert DeDominicis said: "The acquisition positions GBST ...

Advisers service 120 clients on average

KARREN VERGARA  |  TUESDAY, 25 JUL 2023
... scheduling to support meeting growing client demand. In the past year, many advisers consolidated the number of platforms in their tech stack. About 43% of advisers now only use two platforms, up from 32% in 2022. Despite the consolidation that has occurred ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
ASIC is taking Vanguard to court over greenwashing allegations relating to a global bond index fund. This is the second time the market regulator has acted against Vanguard over greenwashing. ASIC has lodged civil penalty proceedings in federal court ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
Two years after announcing its major digital overhaul, Aware Super has reported tangible benefits from its transition to the Bravura Sonata Alta platform. Aware Super chief executive Deanne Stewart noted the move, initially driven by the need to consolidate ...

Super sector falling behind in cyber security: Podcast

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
EY cybersecurity leader for financial services Rohit Rao says the superannuation sector is lagging when it comes to cybersecurity processes, adding that increased consolidation has created more risk. In the latest episode of the Financial Standard podcast ...