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Showing 631 - 640 of 675 results for "Legacy"

Large instos to move admin in-house

MICHAEL HOBBS  |  FRIDAY, 17 OCT 2008
... instruments - which are hard to value and monitor - meant incumbent admin or custodial services providers are burdened by legacy systems that aren't quite able to handle complex instruments. Many resort to hiring hundreds of staff to independently track ...

Statewide confirms Bravura deal

RUTH LIEW  |  FRIDAY, 12 SEP 2008
... Perpetual who did so earlier this year. A number of other companies are also in the process of upgrading from their current legacy systems to benefit from increased operational efficiency and decreased total cost," said Iain Dunstan, group chief executive ...

New era in fee disclosure

MICHELLE BALTAZAR  |  TUESDAY, 5 AUG 2008
... disclose fees to their core clients, the new FPA ruling means they now have to send advice statements to 'low value' and legacy clients - many of whom would be receiving such comprehensive cost of advice statements for the first time. "I understand why ...

Bravura broadens UK footprint

CAMERON BOGGS  |  THURSDAY, 3 JUL 2008
... its life insurance business. Following the extended contract, the group will use more Talisman modules to replace their legacy mainframe system. The move will provide MGM with more IT functionalities, which is necessary as it shifts from an insurance ...

AdviserLogic launches planner-friendly software

... reps which was essential for the licensing regime. That functionality was totally missing." The bonus is that there are no legacy systems to deal with. AdviserLogic is completely web-based and can replace an existing planner system within one working ...

Managed accounts hold trumpcard

MICHELLE BALTAZAR AND RUTH LIEW  |  WEDNESDAY, 30 APR 2008
... Praemium announced it would actively lobby for the government to provide rollover tax relief for investors switching out of legacy managed funds and into the equivalent SMA model. "If an investor wants to move from an opaque, expensive and tax-inefficient ...

Market Wrap - Midday

AAP  |  MONDAY, 28 APR 2008
... news, the Commonwealth Bank announced it will spend $580 million over the next four years modernising its existing banking legacy systems and financial services firm Trust Company Ltd booked a 20 per cent fall in its full year statutory profit to $20.3 ...

Govt moves in on legacy products

MICHAEL HOBBS  |  FRIDAY, 4 APR 2008
... mechanism to help customers move from an outdated investment product to a new one, at little or no cost. "The operation of legacy products imposes costs and risks on both the industry and investors. However, transparency and fairness must be of paramount ...

Toolsets by managers, for managers

ALEX DUNNIN  |  WEDNESDAY, 20 FEB 2008
... controlling unintended risks and being able to demonstrate their investment process. But the plethora of data feeds and legacy spreadsheet systems many still use continue to make this a difficult challenge. However, he said if you can develop a structured ...

SimCorp edges back to front

MICHAEL HOBBS  |  MONDAY, 11 FEB 2008
... through volume. Secondly, the regulators will be driving more compliance and so will managers, all that together means legacy systems out there will be under more pressure than they are today, so we expect people to look for modern systems like ours ...