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Showing 601 - 610 of 690 results for "Legacy"

Russell urges advisers to keep low value clients

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
... reforms has been the industry-wide dropping of lower value clients by advisers who currently use out-dated and expensive legacy products as higher balance clients subsidise the cost of advice delivery. With the impending introduction of opt-in and fee ...

IMF just as baffled as we are

ALEX DUNNIN  |  FRIDAY, 2 SEP 2011
... monetary policy is more constrained, banking problems will again have to be addressed, and the crisis has left behind a legacy of public debt - about 30 percentage points of gross domestic product higher than before, on average, in advanced countries." ...

Super funds need modern platforms to disclose holdings

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
Superannuation funds worried about the cost of disclosing their portfolio holdings need to ditch their old legacy platforms, one of the world's biggest platform providers said yesterday. The Australian Securities and Investments Commission (ASIC) this ...

SimCorp appoints new head of sales in Asia

LOREN RUGEBREGT  |  WEDNESDAY, 10 AUG 2011
... said fund managers need systems that can react to changing regulation requirements and that they face the need to replace legacy-based systems to reduce costs competitively. "A legacy-based system is like being on a 'burning platform'. Fund managers ...

Schroders move $25bn to single platform

ELISE BURGESS  |  TUESDAY, 31 MAY 2011
... business constraints to Sydney based portfolios with the Dimension platform providing a bi-annual update and moving away from legacy custody-based systems. Australia is the final country to be moved onto the business's Singapore-based investment management ...

Count morphs into super entity with new AFSL

ELISE BURGESS  |  THURSDAY, 5 MAY 2011
... for all other platforms, Count would utilise the grandfathering arrangements, which effectively means the creation of a legacy book. Additionally, there will be a review of Count's current strategic platform partners and an inevitable narrowing of its ...

Foreign shocks sparks IT scrutiny

ALISON BEVEGE  |  WEDNESDAY, 4 MAY 2011
Hedge funds and finance industry operators are paying up to 50 per cent more for old legacy disaster recovery management systems, a new technology provider has said. Alphaserve Technologies, a New York-based firm that provides risk management, performance ...

Market Wrap - Midday

AAP  |  MONDAY, 18 APR 2011
... Ltd's Middle Eastern subsidiary, Al Habtoor Leighton, said it may need a cash injection from its parent firm if ongoing legacy projects are not paid on time. Leighton shares were down 21 cents at $24.68 by 1220 AEST. Transfield Services Ltd and its joint ...

La Trobe buys super specialists IE Group

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
... through its Pooled Australian Mortgages Fund. IE Group provides IT solutions for superannuation funds, helping those with legacy systems upgrade to newer architecture. It also runs an administrative consulting service and provides a third-party service ...

Asgard upgrades insurance for FOFA

ELISE BURGESS  |  THURSDAY, 31 MAR 2011
... diversify their revenue." The new features are available largely on Asgard's wrap platform but some changes also work in the legacy platforms. AIA Australia is the underlying insurer for Asgard's insurance products.