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| | | J.P. Morgan's custody arm has today launched its solution to the increased data reporting requirements associated with the Stronger Super reforms. Under Stronger Super, the Australian Prudential Regulation Authority (APRA) will require superannuation ... |
| | | | ... put the latest string of redundancies down to "natural attrition", after it was reported that around 15 members of NAB's custody arm, NAB Asset Servicing, had lost their jobs. This followed last week's large scale redundancies in NAB's wealth management ... |
| | | | In the new edition of Financial Standard, we look at if Australia has too many fund managers, how the custody sector is helping super funds and investment managers get ready for the massive increase in their regulatory reporting, showcase the upcoming ... |
| | | | ... current position since 2009. During his tenure the Australian arm has obtained its banking license, moved onto a global custody system in line with BNP Paribas' global model and invested heavily in system development. Under Jond's watch BNP Paribas has ... |
| | | | ... incidental to the operators' main service. ASIC said the new requirements reflect the rapidly increasing amount of assets in custody resulting from the huge growth in superannuation. "There is a degree of risk associated with providing any custodial ... |
| | | | ... solution can be implemented for a specific asset class or market only, and is offered stand-alone or within a suite of custody services. "Previously, alternative outsourced solutions required users to end their established broker relationships and the ... |
| | | | ... pivotal part in this," Sicilia said. This is Citi's first independently acquired super fund client, although is looks after custody for Colonial First State and the $5 billion Commonwealth Group Super Fund. It's understood a member direct option including ... |
| | | | ... Infocus Wealth Management (IWM). Under the arrangement, CFS Custom Solutions will administer the platform and provide custody services for IWM financial planners and advisers. Despite its bespoke nature, the platform has the flexibility to meet the needs ... |
| | | | ... the revamp of our fund administration and unit pricing platforms two years ago and now with the full power of our global custody engine, our ability to process and report on mass data has never been better," managing director of BNP Paribas Australia ... |
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