BNP Paribas Securities Services joins forces with Digital Asset to develop DLT trade and settlement apps

From

BNP Paribas Securities Services has announced a new partnership with Digital Asset to design a number of real-time trade and settlement apps using DAML[1] smart contracts. The new apps will provide market participants in Asia Pacific with real-time access to the Australian Securities Exchange (ASX) and Hong Kong Exchange (HKEX)’s anticipated DLT[2]-based trading and settlement... Read more continue reading

Human touch in a new digital world – the future of financial advice

From

Fintech and Insuretech innovation hub, Axell, has released a comprehensive research report, Human touch in a new digital world: The future of financial advice, (the Report) which explores future opportunities for digitally transforming financial advice around the world. Axell Founder and CEO, Moshe Tamir, said extensive research for the Report was conducted over a six-month... Read more continue reading

BT Panorama mobile app receives highest user ratings for third year in a row

From

For the third year running, the BT Panorama mobile app achieved the highest ratings from advisers surveyed, according to the latest Investment Trends Planner Technology Report. Nine out of ten advisers who use BT Panorama rated the app as ‘good’ or ‘very good’, positioning BT Panorama as the clear market leader (90 per cent for... Read more continue reading

Revolutionary digital platform makes startup funding a piece of cake

From

Software as a Service (SaaS) company Cake Equity (Cake) has partnered with innovative capital markets platform Wholesale Investor to digitise, innovate, and streamline  capital raises, share registries, employee share schemes, and valuations for startups and small business. Recent research from Wholesale Investor shows the leading problem for startups is access to investors, closely followed by... Read more continue reading

Roar Software adds new revolutionary tool to connected technology solution

From

Roar Software is revolutionising the experience of financial advice with the release of its industry-first advice viewing tool, allowing clients and advisers to view and interact with a Statement of Advice (SOA) or strategy document in a web-based environment. It allows clients to ask questions in real-time and an adviser to provide instantaneous feedback on... Read more continue reading

Westpac welcomes the start of data sharing through Open Banking

From

Westpac has welcomed the launch of the next phase of Open Banking which allows personal banking customers to share certain data with trusted third parties. Starting yesterday, eligible Westpac customers can share their credit and debit card data, as well as deposit and transaction account data, with accredited third parties. The type of data available... Read more continue reading

US providers continue to lead the way: Robo-advice Report

From

Global research house Investment Trends has released its latest Robo-advice Report, an in-depth study of the adoption and appetite for automated investment services. The study is based on a large-scale survey of almost 20,000 online investors across Australia, the USA, the UK, Spain, Germany, France, Singapore and Hong Kong. Key highlights: US providers continue to... Read more continue reading

Financial firms struggling to assess risks of disruptive technologies

From

A majority of financial firms’ risk managers in Australia don’t believe they can adequately assess the risks of disruptive technologies, with only 8% describing themselves as fully capable of assessing the risks associated with adopting artificial intelligence (AI) across their organisations, according to a new report by Accenture (NYSE: ACN). Even fewer said they are fully capable... Read more continue reading

Electronic company document execution

From

Electronic execution of documents is bedevilling lawyers across the country because of the complex interweaving of various statutes and the common law. John and Mary have an SMSF and are the directors of the corporate trustee. They have recently changed the trustee of their SMSF from individual trustees to a corporate trustee. This was a... Read more continue reading

Protecting digital human rights in the post-COVID-19 era

From

Digital data has expanded beyond imagination, and can create some serious issues for privacy and human rights, especially when it comes to the sensitive health data now being used in the battle against Covid-19. The amount of data in the world will reach about 40 trillion gigabytes in 2020, or more than 5,000 gigabytes for... Read more continue reading