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Showing 11 - 20 of 29 results for "MFA"

Iress upgrades earnings guidance, accelerates transformation

ANDREW MCKEAN | THURSDAY, 30 NOV 2023

... including a decision to segment its operations and focus on specific areas. This restructuring, which involved the sale of MFA and will soon include the Platforms business, with the intent to allocate the proceeds toward reducing net debt. Notably, net ...

Iress completes $52m sale of MFA business to SS&C

ANDREW MCKEAN | TUESDAY, 3 OCT 2023

Iress has finalised the $52 million sale of its Managed Funds Administration (MFA) business to SS&C, while also kicking off the divestment process for its Platforms unit. In August, the financial services software company revealed that SS&C would acquire ...

Iress sells MFA business, reports $140m loss

CASSANDRA BALDINI | MONDAY, 21 AUG 2023

... debt as it progresses its transformation project. Reporting its half-year results today, Iress announced it will offload the MFA business to SS&C Technologies for $52 million. Proceeds from the sale will be used to pay down debt, with platform divestment ...

Iress outlines product-led growth strategy

ANDREW MCKEAN | FRIDAY, 5 MAY 2023

... includes a headcount reduction of 10% by June 2023 and a divestment of non-strategic assets, beginning with the company's MFA and Platforms businesses. Iress will instead prioritise investments in its core Australian franchises, focusing on wealth ...

Iress unveils major restructure, new leadership

ANDREW MCKEAN | THURSDAY, 20 APR 2023

... organisational structure" would result in a 10% reduction in headcount. Iress also announced that it will divest from its MFA and platform businesses after determining they're not strategically aligned to the future direction of the company. This ...

HUB24 tops platform rankings

CASSANDRA BALDINI | MONDAY, 27 FEB 2023

... are adopting "staged approaches" to bolster cybersecurity. "2022 saw all platforms implementing multifactor authentication (MFA), but we believe this is only the beginning," added McGivern. "Some providers are already exploring behaviour-based alerting ...

Active Super revamps digital experience

JAMIE WILLIAMSON | WEDNESDAY, 13 OCT 2021

... of personal data. Active Super is the first of Link's clients to launch such an offering, which uses Sitecore CMS and Okta MFA. The new app has all the same functionalities as the online portal, as well as Face ID access and the ability for members to ...

More than half of advisers without association membership

JAMIE WILLIAMSON | THURSDAY, 8 NOV 2018

Latest research suggests more than half of the financial advisers in Australia are not affiliated with any industry association, despite the impending professional standards reform. Rainmaker analysis shows just 12,400 of Australia's financial advisers ...

MFAA offers new SMSF training programs

JAMES FERNYHOUGH | MONDAY, 27 MAY 2013

The Mortgage & Finance Association of Australia (MFAA) will launch three new self-managed superannuation fund (SMSF) training programs for credit advisers. The programs aim to improve participants' understanding of their role in setting up Limited Recourse ...

Advice proposition props up mortgage broker market share

MARK SMITH | THURSDAY, 16 MAY 2013

A focus on providing customers with tailored advice has helped the mortgage broking industry retain its market share in the face of strong competition from the lending market, according to Mortgage & Finance Association of Australia (MFAA) chief executive ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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