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Showing 1 - 10 of 302 results for "Back office"

First Sentier expands mandate with Northern Trust

MATTHEW WAI  |  THURSDAY, 12 DEC 2024
Northern Trust will offer a range of front-to-back solutions as third-party administrator for First Sentier Investors under an extended agreement. Under the new terms, Northern Trust will integrate custody, depositary/trustee services, fund accounting ...

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
... specified in the Act. To prevent the issue re-occurring, the life insurer has implemented measures of ensuring the back office is appropriately staffed; updated process documentation and training; additional communication and improved arrangements with ...

CFS, Bravura, Elemnta team up to enhance FirstChoice

ANDREW MCKEAN  |  TUESDAY, 20 AUG 2024
... advice in a timely manner and advisers "need to do this as easily as possible." "This partnership with CFS removes the back office drag associated with connectivity and account opening by seamlessly connecting with Midwinter AdviceOS. Together, we are ...

Fidante divests Merlon stake

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
... Australian Share Income Fund, and Merlon Concentrated Australian Share Fund. Fidante also continues to be the provider of back office, marketing, distribution, and administration services, as well as fund operation compliance functions. However, Merlon ...

AllianceBernstein appoints chief AI officer

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
... sells. In addition to front-office investors, Chin said the firm was using AI and natural language processing in its back office, including whether certain investments are in line with regulatory requirements. Chin said the AI applications have seen ...

500 jobs to be axed at abrdn

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... savings are expected in the investments business, it said, with the roles most at risk being in management and its back office. About $116 million (£60m) is of savings are expected to accrue this year. "The programme includes the removal of management ...

FY23 farewells 700 advisers

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
... On average, revenue jumped from $1.1 million in 2021 to $1.6 million this year thanks to operating a more efficient back office.

Spotlight shines brighter on climate reporting: Expert

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... said in product disclosure statements and website information matches what is being done in the front, middle and back office," she said. Organisations can expect to disclose their climate risks, transition strategies and how they intend to meet any ...

Fraudsters jailed over international crypto scam

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2023
... Boys told the court how he took £1,000,000 cash ($1.76m) in a suitcase to buy a villa from Russians he met in the back office of an estate agent and paid £60,000 ($105,000) to pay off corrupt officials so he could carry on laundering money," Lancashire ...

Rest extends custody mandate with State Street

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
... a review, State Street will continue to provide custodial services for the next three years. The mandate includes back office and custody services, accounting, unit pricing, performance, and analytics. As well as, tax and regulatory reporting, and loan ...
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