Milestone launches asset allocation solution
[ad_1] The new technology is targeting super funds as they increasingly look to ‘in-source’ investment allocations in the face of increased returns and cost pressures, according to APAC managing director Marianne Azer. “There is increasing demand from Australian superannuation funds,…
The link reviews the PEXA list
[ad_1] Link Administration Holdings noted the development when it published its results for the first half of the 2021 financial year on Thursday. The company, which owns a 44.18% stake in PEXA holding company Torrens Group Holdings, has decided to…
Data is the ‘new oil’: RBA
[ad_1] Philip Lowe, governor of the Reserve Bank of Australia, has called data “the new oil of the 21st century”, commenting that investment in data capacity will be key to Australia’s prosperity. “There are opportunities for digital innovation in every…
CBA’s BNPL game comes with a question mark
[ad_1] CBA’s latest foray into the BNPL space was greeted with fanfare by Australian financial services as one of the most competitive responses to the dominance of incumbents such as Afterpay. “Customer needs are evolving and this new offering from…
The Senate Finance Committee is expanding its orbit toward world domination
[ad_1] The Finance Committee was established in 2019. to explore how financial and regulatory technology can benefit consumers and businesses in Australia. But now, along with changing the committee’s name to the Select Committee on Australia as a Technology and…
Dow was licensed by the US Wealth
[ad_1] The Registered Investment Adviser (RIA) license from the US Securities and Exchange Commission (SEC) will enable Douugh’s wealth business to offer services through its ‘Wealth Jars’ range, including robo-advice and trading. Douugh announced that it is on track to…
Disrupting the Alternative Lending Landscape
[ad_1] As Australia emerges from the COVID-19 crisis, some of our best economic minds are betting on a business-led recovery – and B2B lender ORB Alternative is racing ahead of the rest to meet the funding needs of Australian businesses…
Challenger Bank is active
[ad_1] MyLife MyFinance, the banking business that Challenger bought from Catholic Super, is using Temenos’ banking software to launch its digital platform. The new system will reportedly replace MyLife MyFinance’s legacy systems and allow the bank to reduce the time…
Bidding war begins for Mainstream
[ad_1] Mainstream reached the end of the scheme implementation agreement with Vistra, which saw the multinational offer to buy all of its shares at a price of $1.20 per share. The pair have agreed to “shop around” provisions that allow…
Iress improves profit guidance
[ad_1] Iress finalized its acquisition payments to data providers and AI firm QuantHouse, roughly eight months ahead of schedule. The move forward at the end of the earnings period allowed for the full integration of Quanthouse, resulting in a non-cash…