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Technology

SWIFT protocols to slash transaction fees

ALEX DUNNIN  |  WEDNESDAY, 1 AUG 2007
Message transaction processing fees for investment managers, custodians and super funds could be slashed from an average $22 down to just 20 cents if they adopt the new SWIFTNet Funds protocols.

Zurich advisers log on to IRESS software

CHRIS NICHOLLS  |  FRIDAY, 27 JUL 2007
Zurich Financial Services has become the first Australian life office to launch IRESS' AppCentral electronic life insurance application software across its adviser network.

Local Super selects Vision for back office admin

Local Super is starting a new trend by handing its back office administration services contract to another super fund.

Biometrics to curb ID theft

A new survey has shown that majority of Europeans would be willing to provide biometric data to the government if it meant faster transactions processing, better airport security management and less identity theft.

Liquidnet trading breaks mould

A US-based institutional broker, Liquidnet, plans to launch an electronic trading system in Australia that would blow the rest of the competition out of the water.

AMP takes underwriting online

AMP has expanded its suite of services designed to make underwriting faster with the launch of an online desktop solution easywrite office.

Financial Simplicity powers Portfolio Express

Financial Simplicity has launched Portfolio Express, a model portfolio rebalancing tool tailored to the needs of financial planners.

RBC Dexia breaks into unit registry

The Australian arm of RBC Dexia Investor Services has expanded its existing suite of custodial and business services after launching a global unit registry platform this week.

Sandringham selects Imagine Trading

Long/short fund manager Sandringham Capital has selected Imagine Trading System's ASP-based service, www.derivatives.com, for its portfolio and risk management needs.

Macq Equities selects Praemium V-Wrap

Macquarie Equities has signed up to use V-Wrap, the new portfolio administration service launched by financial services technology specialist Praemium.