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Showing 401 - 410 of 2246 results for "Systems"

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
... quarters," APRA said. Where a super fund operates some or all its investment functions internally, APRA expects it to have the systems, resources and processes that support the appropriate management of risk commensurate with services provided by highly ...

Aware Super returns 10.7% for FY23

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
... part of a digital transformation initiative. In May, the fund completed a project to consolidate five legacy technology systems into a single administration and registry platform. It is introducing a host of new products and services including rolling ...

Openmarkets hit with largest ever MDP penalty

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... Openmarkets said under a new leadership team, the company has transformed, putting in place robust compliance controls and systems. The broker also commissioned an independent review of the design of its trade systems back in 2021. Meanwhile, ASIC banned ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... security capabilities and said it's a concern as more entities are relying on service providers to manage critical systems. The next gap highlighted by APRA was the inadequate definition and execution of control testing programs. Findings from the ...

Allegro unveils PwC entity as Scyne Advisory

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... Scyne Advisory, funds will be used to support employment, operational costs as well as back investments in people and systems. PwC acting chief executive Kristin Stubbins commented on the move which aims to shift the advisory offering towards the public ...

Apostle links with venture capital firm

KARREN VERGARA  |  MONDAY, 3 JUL 2023
... West said, "we believe in its ethos and investment strategy". For example, she said, Safar invests in Commonwealth Fusion Systems, which produces commercialised fusion energy and combines it with magnet technology, in a bid to provide a new source of ...

AUSTRAC drops action after Bell FG audit

CASSANDRA BALDINI  |  FRIDAY, 30 JUN 2023
... AML/CTF Act should take this as a reminder to ensure they comply with its requirements. "... including putting in place systems and controls that identify, mitigate and manage money laundering and terrorism financing risks," it said.

BlackRock raises $500m for Super Battery

ANDREW MCKEAN  |  THURSDAY, 29 JUN 2023
... Waratah Super Battery. The Waratah Super Battery (WSB), believed to be one the largest committed battery energy storage systems globally, was designed to act as a 'shock absorber' for sudden power surges, including those caused by bushfires or ...

Cyber breach claims CalPERS member data

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... family members that some of their personal information was downloaded in an attack on one of its third-party providers' systems. CalPERS employs PBI Research Services/Berwyn Group to identify member deaths, ensuring proper payments are made to retirees ...

Super planning remains top adviser focus this EOFY: Podcast

CASSANDRA BALDINI  |  THURSDAY, 15 JUN 2023
... 11% from July 1 next financial year." Howard said with this in mind, advisers will need to ensure adjustments in payroll systems are made for their employees' so increased obligations are met. From an administrative point of view, he also flagged ...