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Technology

Big brother in outsourcing: Unisys

MICHAEL HOBBS  |  THURSDAY, 23 AUG 2007
Many Australians are unaware their personal information is being outsourced as companies and government agencies contract out their business functions, Unisys Security Index research found.

Erste Bank signs SimCorp for fund platform

MICHAEL HOBBS  |  WEDNESDAY, 22 AUG 2007
SimCorp Dimension has scored a major coup after it signed a funds management and administration IT contract with Erste Bank, one of the largest financial services group in Central and Eastern Europe.

Blame it on my Blackberry

MICHAEL HOBBS  |  MONDAY, 20 AUG 2007
At a time when financial services professionals are clocking up more work hours than their predecessors, yet another study has found that many people are unable to separate their private and work time due to mobile email devices such as the Blackberry.

DMS pioneers fee-for-service technology

Planners dreading the logistical nightmare of providing a fee-for-service option to clients can rest easy after IT services provider DMS developed what it claims is the first ever software solution that fully automates fee-for-service payments.

Virtual bank collapse a warning to online world

CHRIS NICHOLLS  |  WEDNESDAY, 15 AUG 2007
The recent collapse of popular online role-playing game Second Life's largest bank has highlighted the problems an unregulated economy can have, even a virtual one.

Opes Prime challenges Macq

Financial services provider Opes Prime has launched the Opes Prime Wealth Platform, an all-in-one retail prime brokerage service that will compete with a similar offering from Macquarie.

Fat Prophets enters SMA market

Independent researcher Fat Prophets has launched its own version of a Separately Managed Account (SMA), providing investors access to a professionally managed share portfolio of either Australian shares or mining and resources stocks, or a blend of both.

Australia IT needs more R&D

Australia has ranked fifth in terms of global competitiveness but has lagged behind other OECD countries on investment in research and development (R&D), according to a new study by the Economist Intelligence Unit.

Talisman now KiwiSaver compliant

New Zealand-based ASB and Trustees Executors were among the funds that used the IT solutions of Australia-based software group Bravura Solutions to comply with the new KiwiSaver legislation.

GBST buys InfoComp for $56m

Listed accounting and transactions technology provider GBST has acquired wealth management software group InfoComp for $56 million, a move that effectively doubles its size and enables it to branch out to new markets.