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Showing 741 - 750 of 2264 results for "Systems"

ASIC cracks down on investment manager

ALLY SELBY  |  MONDAY, 15 JUN 2020
... product distribution solutions. Going forward, the firm "must appoint an independent expert to assess and test its controls, systems and process" to ensure it remains compliant with client money obligations, ASIC said. This independent expert must identify ...

HESTA adds to operations team

ALLY SELBY  |  FRIDAY, 12 JUN 2020
... super fund's investment data capabilities. Feroz Jordan has nabbed the role as general manager of investment data and systems in HESTA's operations team, effective June 15. Jordan is set to work closely with the super fund's investment management team ...

CMC Markets introduces derivatives platform

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
... Australia, the US, Europe and Asia. CMC said the platform has been developed to allow seamless integration with existing systems, including an API integration with trading and market data software Iress Pro and ViewPoint. Institutional and professional ...

Family office backs fixed income fintech

KANIKA SOOD  |  TUESDAY, 9 JUN 2020
... Cube and Palghat's relationship goes back more than 15 years, where the fintech's founders built Kasptream's systems in its initial days when Challenger had a stake in the business. Palghat will also act as a consultant to Liquidity Cube. ...

Report reveals superficiality of ESG pledges

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
... shareholder proposals seeking greater disclosure on gender pay equity at companies whose employees are fund members (Adobe Systems and TJX Companies). Local Government Super, meanwhile, had the strongest record for voting in favour of ESG related shareholder ...

Aussie financial firms struggle to manage risk: Study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... management is robust data and analytics, he said. "This means that financial institutions must prioritise risk data management systems, whilst ensuring quality, security and transparency, providing new reports for multiple purposes," Lopes said. "Robust ...

CBA coughs up $5m over RC case study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... on loans and fees, and underpaid interest on savings. The bank attributed the failure to "the highly manual nature" of systems surrounding the package, as well as "CBA having no systems or processes in place to check whether customers were receiving ...

Dealer groups slam FPA policy

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... understanding," the letter said. "Again, costs in relation to compliance with the Corporations Act are not discretionary. The scale, systems & processes, and risk management focus of the AFSL provides an efficient way to deal with the in-built cost of ...

38 staff punished over AUSTRAC scandal: Westpac

ELIZA BAVIN  |  THURSDAY, 4 JUN 2020
... investigations into the AUSTRAC scandal. In a statement, the bank confirmed it should have recognised the faults in its systems earlier. "The report noted that, with the benefit of hindsight, and noting the boards escalating focus in the area, directors ...

Magellan to use BasisCode for trading compliance

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
... an innovative and proprietary detection engine that can be seamlessly integrated into a firm's trading monitoring systems," the company said, adding it's the first product of its kind. "We are pleased that we were able to demonstrate that the BasisCode ...