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Technology

Praemium improves non-custodial solution

ANNABELLE DICKSON  |  WEDNESDAY, 21 JUL 2021
The platform has made changes to its artificial intelligence capabilities to improve the user experience of its $140 billion non-custodial Virtual Managed Account solution.

Platform FUM grows

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
Platforms have seen strong increases in funds under management over the year to March 2021, new research shows.

Praemium to sell international business

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUL 2021
Following a strategic review, Praemium is proposing to sell its international business despite record performance.

BNY Mellon acquires Milestone

ELIZABETH MCARTHUR  |  FRIDAY, 9 JUL 2021
BNY Mellon will acquire Milestone Group, a funds management technology provider.

BT Panorama completes migration

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
BT Panorama has completed the migration of its BT Wrap clients, bringing its total funds under administration to over $100 billion.

WealthO2 launches top manager MDA

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
WealthO2 has introduced a managed discretionary account with several top managed account investment managers.

Netwealth FUA, inflows rise

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
Netwealth ended the June quarter with a 12% increase in funds under administration (FUA) and a 102% increase in inflows.

Adviser platform satisfaction slips

ANNABELLE DICKSON  |  WEDNESDAY, 7 JUL 2021
The level of satisfaction financial advisers have with their main platform has dropped as the pandemic puts pressure on platform providers to increase capabilities, new research shows.

Class to dump MDA investment

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
The SMSF technology platform has decided to either convert or redeem its $3.1 million investment in Philo Capital Advisers after concluding it is not in the best interest of its shareholders.

Teachers Mutual launches neobank

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
Australia's largest mutual bank has launched a digital bank to meet the needs of essential workers and appointed a chief digital bank officer.