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Technology

T+2 settlement arrives on Monday

DARREN SNYDER  |  FRIDAY, 4 MAR 2016
From Monday both the Australian and New Zealand securities exchanges will roll out T+2 settlement periods, meaning share market trades will settle one business day earlier than the current three day process.

Back-office upgrade is front of mind for time-conscious advisers

MICHELLE BALTAZAR  |  WEDNESDAY, 2 MAR 2016
Client data processing has always been a perennial pain in the back office because advisers have to re-key the same information multiple times. A new deal between netwealth and IRESS plans to change that.

Financial services jobs at risk of automation

ALEX DUNNIN  |  TUESDAY, 1 MAR 2016
A new report released by the CSIRO predicts that 44% of jobs currently performed by Australian workers are at risk of automation, especially routine jobs within the services industry such as in the financial sector.

Credit Union enters super through platform

DARREN SNYDER  |  TUESDAY, 1 MAR 2016
Bankstown City Credit Union has become the latest mutual to use a shared superannuation platform, allowing them to enter the $2 trillion market and expand its product range.

Australia aims to be APAC fintech leader

DARREN SNYDER  |  MONDAY, 29 FEB 2016
Federal Treasurer Scott Morrison's recent trip to Hong Kong and Shanghai top-dressed the government's innovation commitment and complemented calls by financial services executives for Australia's fintech industry to immediately capitalise in a "booming" ...

Government help needed to remove innovation obstacles

MARK SMITH  |  TUESDAY, 23 FEB 2016
The Government should step in to boost investment in technology and innovation in the financial services sector by offering incentives and removing the biggest barriers, a panel of high profile professional investors has said.

Macquarie launches robo-advice service

ALEX BURKE  |  THURSDAY, 18 FEB 2016
Macquarie has launched the digital advice service it announced in November 2015.

Topdocs adds Commonwealth Bank integration

MARK SMITH  |  WEDNESDAY, 17 FEB 2016
Legal document provider Topdocs has created the ability for advisers to populate a Commonwealth Bank Accelerator Cash Account application - distributed by CommSec Adviser Services - at the same time as establishing their self-managed super funds through ...

Even the wealthy are turning to robo-advice

MARK SMITH  |  FRIDAY, 12 FEB 2016
Millennials and small investors are not the only ones taking up robo-advice; wealthy clients are also turning to the new technology in their droves.

App lets Australians invest pocket change

ALEX BURKE  |  WEDNESDAY, 10 FEB 2016
A new app released in Australia will allow users to round up daily purchases and invest the "change" into a diversified exchange-traded fund portfolio.