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Showing 161 - 170 of 224 results for "operational risk"

First State Super announces new custodian

DARREN SNYDER  |  WEDNESDAY, 2 MAR 2016
First State Super has announced it is appointing State Street to provide custodial services at the $52 billion industry superannuation fund. State Street will now provide master custody, investment administration and custody ancillary services, and ...

KPMG boosts wealth management with industry fund veterans

ALEX BURKE  |  FRIDAY, 19 FEB 2016
... legal counsel at Industry Super Australia. Together they will oversee the company's governance, investment and operational risk management, customer experience, strategic planning, retirement products and regulatory compliance. "We are delighted to appoint ...

Equip drops super fees

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
... from investment fee reductions for all Equip investment options except cash, and from the removal of the 0.08% operational risk levy that has applied since August 2013 to build fund reserves. For an Equip MySuper member with a $50,000 account balance ...

APRA debates whether "to model or not to model"

ALEX BURKE  |  FRIDAY, 13 NOV 2015
... denominator in all firms." Noting the advent of internal models in the Basel framework in 1996 and then credit and operational risk models in Basel II, he said that up until the GFC, "models reigned supreme... Regulators even calibrated the framework ...

ME and mutuals must embrace fintech

DARREN SNYDER  |  MONDAY, 9 NOV 2015
... start-up RISKflo to help executives have a clearer view of risk management and prevention. ME general manager operational risk and compliance Sean Coady is quoted in the KPMG report as saying that RISKflo has "removed administrative complexity and cost ...

New Calastone service automates distribution processing

MARK SMITH  |  WEDNESDAY, 12 AUG 2015
... fund managers and platform investors allowing them to use existing infrastructure and benefit through reduced operational risk and cost. "The income and annual tax statement process has always been an extremely manual and time-consuming undertaking for ...

UniSuper appoints legal specialists

DARREN SNYDER  |  THURSDAY, 6 AUG 2015
... and legal services for finance, operations, technology and projects, is Ruby Yadav. Yadav has previously led operational risk and compliance teams for retail products and digital banking, including roles at ANZ, KPMG and GE Capital. She also has non-executive ...

IRESS launches cloud-based trading platform

ALEX BURKE  |  THURSDAY, 12 MAR 2015
... technology related to sending or receiving transactions with their counterparties, this enhanced offering will reduce operational risk for firms, bring important efficiency savings, and underpin the business growth of our clients."

APRA releases draft RSE fraud management guide

ALEX DUNNIN  |  MONDAY, 27 OCT 2014
... effective risk management framework therefore includes appropriate consideration of fraud risk, which is a subset of operational risk." The regulator added that fraud risk will also include consideration of the risks posed by corruption and bribery and ...

BNP Paribas' Peter Baker moves to Mercer Sentinel

JAMES FERNYHOUGH  |  MONDAY, 20 OCT 2014
... opportunities to leverage the services offered by the Sentinel team, particularly with the significant demand for Operational Risk Assessments and custody reviews. "As a global team with more than 50 investment operations and custody professionals, Peter ...