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Showing 31 - 40 of 427 results for "Automated"

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... in October 2019 for administration services, with the fund signing on to outsource its admin function to Iress' Automated Super Admin platform. Iress took the reigns in March 2022, with ESSSuper telling members the aim was to offer better online ...

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
... income/expense verifications for credit appliances, which require a "final check" by a human but also has the capability to make automated decisions. It also collects a vast amount of data ranging from customer financial information and private information ...

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... me, there is a pattern emerging in some of these cases about priority given to systems and to problems that emerge in automated systems," Justice Hespe said. "I understand that there are competing demands on the attention and funds of corporates, superannuation ...

QIC invests in Australian biotech start-up

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
... life-like human tissue models in the lab, which are scalable to industrial requirements and fully compatible with current automated systems. Meinert said the impact of the technology extends beyond accelerating drug development timelines and could deliver ...

J.P. Morgan hit with $775k penalty

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... volatility as was the case here," she said. "The MDP's decision emphasises that market participants cannot solely rely on automated trade monitoring systems to detect potential misconduct and must take immediate action once alerted to misconduct by ASIC." ...

Goldman Sachs ditches robo-adviser Marcus Invest

KARREN VERGARA  |  FRIDAY, 26 APR 2024
... management fee among its competitors at 0.35%. Betterment and Wealthfront charge 0.25% on the total AUM, while some like SoFi Automated Investing or Schwab Intelligent Portfolios charge zero fees. Marcos Rosenberg, global head of Marcus Deposits and ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... fraud detection to software development and customer service. It projects that nearly one-third of task hours could be automated by 2030. But, as US Securities and Exchange Commission chair Gary Gensler recently highlighted, while new technologies often ...

Tokenisation is the future: Northern Trust

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... blockchain technology without the complexity. For example, Sleep said master-feeder funds can benefit from streamlined and automated processes, which improves transparency and communication between the master fund and its feeders. Meanwhile, alternative ...

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... expanded its digital advice offering into cash management, lending, and most recently, lower-risk investments with its Automated Bond Portfolio. "The company is well-positioned to capture the $35 trillion held by young professionals and will continue ...

HNWs increase digital engagement: Research

CHLOE WALKER  |  THURSDAY, 12 OCT 2023
... "They actually want to see a lot more of that and perhaps more streamlined data feeds with the ATO and what have you." Automated reporting also came through as an improvement from ultra high-net-worth (UHNW) individuals. "They also highlighted interactive ...