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Technology

Web videocalls invigorate rural banking and remote advice

One of the country's largest credit unions, New England Credit Union (NECU), is making headway in regional banking and remotely offering financial advice through web-based videoconferencing.

IRESS seals $48m VisiPlan deal

Wealth management software provider IRESS is set to double its revenue base after announcing it will acquire listed group IWL's software arm VisiPlan for consideration of 5.95 million IRESS shares, around $48 million.

Identity data costs less than $20

A US study conducted by security software giant Symantec has found that a person's personal information, such as banking details, date of birth and licence number, only costs between $20 (US$14) to $22 (US$18) on the black market.

LIXI makes lending technologies more affordable

The Lending Industry XML Initiative (LIXI), a non-profit organisation representing mortgage brokers and lenders, has changed its membership model to allow more industry players to adopt better and cheaper e-commerce technologies.

Challenger outsources data IT to InvestmentLink

Challenger Financial Services joins Perpetual, ING and Netwealth in choosing InvestmentLink's e-Portfolio data service to manage client information.

InvestorWeb under threat in proposed VisiPlan sale

The proposed sale of diversified financial services group IWL's financial software business VisiPlan to IRESS Market Technology raises questions around the future of IWL's managed funds research arm InvestorWeb.

Fin Wisdom appoints ex-MLC exec

Financial Wisdom, the financial planning business owned by the Commonwealth Bank, has appointed a new general manager, ex-MLC executive Tim Browne.

Bridges renews IWL deal

Bridges Financial Services has extended its deal with wealth management solutions provider IWL for another three years.

Praemium expands SMA reach into UK with Capita

ALEX DUNNIN  |  THURSDAY, 22 MAR 2007
Managed accounts technology provider Praemium, through its UK subsidiary, has signed a deal with Capita to offer separately managed accounts (SMAs) to UK independent financial advisers, wealth managers and financial institutions.

Charles River key IT for Islamic funds

Technology plays a fundamental role in allowing more funds to manage investments that conform to Islamic law, according to US based managed funds technology specialist Charles River.