Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 181 - 190 of 225 results for "operational risk"

ACSA lends weight to ASIC tech focus

MELANIE TIMBRELL  |  THURSDAY, 2 AUG 2012
... Services Association (ACSA) said following a report from ASIC, the focus on technology, Straight Through Processing, operational risk management and reinforcement of disclosure obligations was well placed. The report released last month, 'Custodial and ...

ASIC raises bar on OTC derivatives

MELANIE TIMBRELL  |  WEDNESDAY, 1 AUG 2012
Issuers of OTC derivatives, including CFDs and margin foreign exchange derivatives, will have to meet new financial requirements just released by ASIC. The Australian Securities & Investments Commission (ASIC) yesterday announced an increase in minimum ...

Mercer expands local Sentinel team

MELANIE TIMBRELL  |  THURSDAY, 5 JUL 2012
... Christopher St Amand, formerly senior operations manager at MLC, joins Mercer Sentinel to take up responsibility for operational risk assessments. Robert Dixon, previously a transition manager at Bank of New York Mellon, will report to Corbett while ...

AllianceBernstein awards State Street $300bn global mandate

ELISE BURGESS  |  WEDNESDAY, 16 NOV 2011
... firms, AllianceBerstein said it choose State Street due to its ability to increase operating efficiency and reduce operational risk. State Street will provide services including trade settlement, portfolio administration and reconciliation, derivative ...

APRA lays plans to improve super governance

MATT WOODINGTON  |  THURSDAY, 29 SEP 2011
... on the missing elements of the Government's Stronger Super announcement such as fund requirements on scale and operational risk reserves," Fiona Reynolds, chief executive officer, Australian Institute of Superannuation Trustees. Investment governance ...

Industry super funds show patchy approach to emergency reserves

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
... 65 industry funds that collectively manage $250 billion in funds for 12.4 million accounts. They found total operational risk reserves had increased by 37.5% since 2008 to $1.2 billion by the end of June 2010. The reserves provide a buffer against fraud ...

Qantas signs up Russell for FX trades

MATT WOODINGTON  |  TUESDAY, 12 JUL 2011
... cost efficiency." RIS's global trading desk will now execute FX trades for Qantas Super, while also managing operational risk and delivering performance reporting tools. "Our research shows that many funds are unaware FX transactions can be so costly ...

Mercer invests in consulting business

MATT WOODINGTON  |  FRIDAY, 18 MAR 2011
... additions to its investment consulting business, having seen 'increasing interest from investors in the area of operational risk assessment in the past few years'. JP Crowley is one of the new appointments, joining from Ibbotson Associates, as a Melbourne ...

SimCorp launches "office of the future"

JOHN MCDULING  |  WEDNESDAY, 6 OCT 2010
... position analysis and decision support program designed for portfolio management across all asset classes, reducing operational risk and enhancing strategy generation. "Compliance Manager", which the company described as "the future of compliance monitoring" ...

DST's HiPortfolio goes live at ING Aus

MEDIA RELEASE  |  THURSDAY, 19 AUG 2010
... activities. The goal was to improve the management of cross-investment processing whilst reducing existing levels of operational risk," said said Geoff Allanson, head of financial operations in the Corporate Finance Group at ING. Allanson said HiPortfolio ...