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Showing 2541 - 2550 of 4932 results for "MIS"

Wealth technology firm acquired for $6.8bn

DARREN SNYDER  |  THURSDAY, 18 JAN 2018
US investment and financial services software provider SS&C will pay about $6.8 billion to acquire a global technology outsourcing specialist with operations and institutional clients in Australia. SS&C will purchase DST Systems with an all-cash transaction ...

ASIC bans ex-CBA adviser for five years

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
ASIC banned a former Commonwealth Financial Planning adviser from providing financial services for five years. ASIC found Kimberley Holgate advised clients to rollover their existing superannuation account to a new product issued by CBA's subsidiary ...

Companies must clarify purpose: Fink

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2018
The chief executive of the world's largest investment firm believes the world's public companies may lose their license to operate if they fail to engage with activist investors to ensure long-term value for shareholders. In his annual letter to chief ...

Macquarie adopts open banking solution

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2018
Macquarie customers will be one of the first to test the new open banking regime with the help of a fintech. Retail finance solutions provider Zip Co, which operates under its zipPay and zipMoney brands, will allow Macquarie customers to add banking ...

Fintechs gear up for open banking

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2018
A provider of data and analytics insights has acquired an Adelaide-based fintech as preparation for an open banking regime. Formerly Dun & Bradstreet, analytics firm illion has acquired Proviso, a specialist in automated bank statement retrieval, analysis ...

ASIC successfully files injunction against Melbourne advice provider

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2018
A Melbourne financial services firm is prohibited from operating while proceedings brought by ASIC continue in the Federal Court. ASIC commenced proceedings against Financial Circle Pty Ltd in December 2017, alleging the business was offering loans ...

Aviva wholesale sales head departs

ALEX BURKE  |  FRIDAY, 12 JAN 2018
The head of wholesale sales at Aviva Investors has left the company and a recruitment process is underway to find his replacement. Karl Linder joined Aviva in 2015 and was responsible for building out the firm's wholesale wealth management business. ...

Chief economist update: Bond sell bomb shell

BENJAMIN ONG  |  THURSDAY, 11 JAN 2018
Bill Gross - known as the "king of bonds" - has recently dropped a bombshell, or in this case, a bond sell. The Financial Times reports that: "The Janus Henderson manager said the $2.2bn Global Unconstrained Bond Fund has taken a short position on Treasuries ...

Charter Hall, ISPT boost property portfolios

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2018
Charter Hall will build a $200 million office tower in Melbourne's CBD following receipt of development approval from the Victorian Government. The Charter Hall Office Trust received approval for a new 22-storey office tower at 140 Lonsdale Street which ...

An industry fund vision for retirement comfort

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2018
A $9.2 billion industry fund is using behavioural economics to fight the Federal Government's inaction on increasing the superannuation guarantee. Vision Super has trialled a program called 'Save more for later' to help employees of Mount Alexander ...