The latest issue of Financial Standard now available as an e-newspaper
| | TUESDAY, 2 JUN 2020 12:03PMThe buyer of Chant West's financial planning software business Enzumo has been revealed, with an ASX-listed dealer group set to fork out $1.5 million for the business.|
|JP Morgan Asset Management's trading and analytics platform is set to be powered by the automation capabilities of Calastone, after the two firms formed a partnership.|
|The ACCC has today launched its Consumer Data Right Register and Accreditation Application Platform (RAAP), set to be the "IT backbone" of open banking in Australia.|
|The multi-asset trading and investment specialist has launched a loyalty program that offers investors rewards for trading across asset classes, including CFDs, FX, stocks and bonds.|
|An investment platform is promising to shine light on the opaque structured product market, helping advisers and their clients understand more about the traditionally exclusive offerings.|
|Powerwrap is now the global administration partner of a New York based alternative investments platform provider.|
|The global advisory and brokerage firm has announced the launch of an artificial intelligence driven software that will help companies rethink and redesign their workforce amid the current uncertain environment.|
|The $56 billion super fund has partnered with a New York-based software company to support its strategic investment decisions and funds management.|
|An Australian provider of derivatives risk management software and trading technology has made two acquisitions as it moves to build an independent trading ecosystem for the country's financial advisers.|
|The early release of super scheme has seen more than 5% of the accounts Link Group administers close. It comes as the group rolls out optional pay cuts to its leadership team.|
BT head of financial literacy and advocacy Bryan Ashenden has observed a significant increase in calls for technical support from financial advisers during the COVID-19 pandemic.
Hedge funds in April posted their highest one-month returns since May 2009, but still have a long way to go before they can pare back March quarter losses.
At a hearing of the House of Representatives Standing Committee on Economics that was supposed to focus on ME Bank's recent troubles, the super funds performing poorly in terms of early release copped surprise criticism.
Hamish Douglass' Magellan Financial Group has launched a listed active ETF fund in partnership with Airlie Funds Management, with promises of reducing friction and costs for investors.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|