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Technology

Data is our biggest challenge: Aware Super

ELIZA BAVIN  |  TUESDAY, 11 MAR 2025
As regulators and members put more pressure on super funds to perform in an ever-evolving world, Aware Super says having reliable data is the most important factor.

Tokenisation can save US$135m in back-office costs: Study

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
Tokenisation can save the asset management industry US$135 billion in back office and administrative costs that drain the bottom line, a new study from Calastone found.

'We're not going anywhere': SS&C serious about Aussie expansion

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
SS&C founder Bill Stone tells Financial Standard about the firm's ambitious growth plans in Australia.

Large financial firms falling behind on AI adoption

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
Artificial intelligence is only becoming more prominent, and large financial services firms face an uphill battle when it comes to adoption, an expert has warned.

Global tech companies eyeing super funds

ELIZA BAVIN  |  MONDAY, 3 MAR 2025
On the back of super funds heading to the US for investment opportunities, US and European tech companies are descending on Australia with an eye on that same capital.

Iress posts strong profit rebound, completes transformation program

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
Iress has reported a statutory net profit after tax (NPAT) of $88.7 million for the 2024 financial year, a $226.2 million turnaround from the previous year's loss, while also announcing the completion of its transformation program.

AustralianSuper welcomes AI tech competition

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
As a major investor in Nvidia, AustralianSuper has welcomed the emergence of DeepSeek, despite wiping $1 trillion off the chip maker's market cap.

mFunds sparked ASX outage, $1m credit issued

KARREN VERGARA  |  FRIDAY, 24 JAN 2025
The ASX said the outage from last month largely stemmed from the now-defunct mFunds and will subsequently credit participants $1 million to make amends.

Super admin providers face reckoning in 2025: Finura

KARREN VERGARA  |  MONDAY, 20 JAN 2025
More companies will divest their superannuation administration offerings in 2025, according to Finura, as super funds potentially move this service in-house amid tighter scrutiny from the regulators.

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
The Australian Securities Exchange (ASX) suffered another glitch last week that disrupted two days' worth of trades.