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Showing 1 - 10 of 60 results for "Funds administration"

Count renews Iress contract

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... "In the Other division we've made significant progress on asset sales. We've sold the MFA (Managed Funds Administration) and Platform businesses, and we have a binding agreement to sell the UK Mortgages business which we expect to complete by ...

Iress share price jumps on takeover rumours

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... business in the UK and recently sold the OneVue Platform Business to Praemium, while SS&C scooped up the managed funds administration business for $52 million. Shortly after Price was appointed chief in 2022, he overhauled the executive team and laid ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... superannuation, non-superannuation, and custody and administration. Last October, Iress sold its managed funds administration (MFA) business to SS&C for $52 million. Iress took over OneVue, which provided administration platforms for managed funds, superannuation ...

Iress completes $52m sale of MFA business to SS&C

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
Iress has finalised the $52 million sale of its Managed Funds Administration (MFA) business to SS&C, while also kicking off the divestment process for its Platforms unit. In August, the financial services software company revealed that SS&C would acquire ...

Bravura hires global head of product

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... pain points and "how Bravura products can better meet their strategic goals in the wealth management and funds administration space." "Our clients are looking to us to help them drive down costs, reduce complexity and increase efficiencies and I'm confident ...

Iress sells MFA business, reports $140m loss

CASSANDRA BALDINI  |  MONDAY, 21 AUG 2023
Iress is selling its managed funds administration business and will not pay an interim dividend, opting instead to reduce debt as it progresses its transformation project. Reporting its half-year results today, Iress announced it will offload the MFA ...

Northern Trust appoints APAC head of digital assets

CHLOE WALKER  |  MONDAY, 14 NOV 2022
... and support our clients' requirements." "We continue to see the pace of innovation continuing across the funds administration and custody sector, with the APAC region experiencing a transformational period of change in light of new technologies." Northern ...

Iress expands Perennial partnership

ELIZABETH MCARTHUR  |  MONDAY, 11 OCT 2021
Iress has expanded its funds administration partnership with Perennial Value Management. Iress will support the Perennial issued Daintree Hybrid Opportunities Fund (ASX:DHOF), connecting the fund to brokers via CHESS along with traditional managed fund ...

MSC Group hires exec director, eyes Sydney

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... July, MSC Group made three senior appointments, including a new chief operating officer and two co-leads of funds administration businesses MSC Abacus. Hayden Williams joined MSC in the role from Sandhurst Trustees where he was the head of corporate ...

Fund administrator hires from competitor

KANIKA SOOD  |  MONDAY, 2 AUG 2021
... managing director of Apex Group's Australian business for about two years, ending March 2021. He has worked in funds administration since the 1980s, including at CITCO. He has now joined rival firm Ascent Fund Services as a managing director as it expands ...
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