McGrathNicol partners with ResponSight to launch tech-enabled forensic service co-funded by AustCyber

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McGrathNicol has announced the launch of FDetect, a new technology-enabled forensic investigations and risk profiling service developed in collaboration with leading technology and analytics startup, ResponSight.  A study conducted by the Ponemon Institute reports that it takes an average of 281 days to identify and contain a cyber breach in Australia, with the average cost […]

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Super way for SMSFs to save money

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A software application has been launched that enables trustees of self-managed superannuation funds (SMSFs) to manage their own fund and save on expensive accounting fees. The software, branded DIYSOL, was developed by career accountant and SMSF trustee Jeff Bain. “It makes no sense for people running a super fund to pay an accountant – sometimes […]

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Tech improvements driving efficiency for advisers

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Adviser-led technology and services is increasing efficiencies and the ability for financial advisers to better service the investment needs of their clients, according to WealthO2 managing director, Shannon Bernasconi. Research undertaken by WealthO2 suggests advisers are increasingly needing efficiency and automation of compliance, like ROAs, audit trails, seamless model changes through to clients, alerts and […]

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The Top 5 digital assets available to investors

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Bitcoi Ethereum Ripple Bitcoin Cash Litecoin What is Bitcoin? The simplest definition of Bitcoin is that it is digital currency. Although digital currencies have existed in the past as fiat or centralised currencies, being controlled by a central authority, the Bitcoin protocol has created its own authority as a de-centralised currency. Bitcoin began as philosophy towards […]

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CPD: Protecting your most valuable assets

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The clients of a financial advisory practice are arguably its most valuable asset; a failure to protect client data may not only have legal ramifications, it’s also a question of ethics. Failing to provide a safe physical and online environment for sensitive financial information could expose clients to fraud, identify theft and financial loss. Another […]

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Deakin researchers use AI to speed up IOOF customer processes

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Deakin researchers have partnered with financial services provider IOOF to apply artificial intelligence (AI) to the company’s in-house client administrative system – making processing times up to 400 times faster. The project, led by Deakin University’s Applied Artificial Intelligence Institute (A²I²), aims to streamline the handling of hundreds of email queries received by IOOF business […]

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OpenMarkets clients first to access NSX via mobile trading app

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OpenMarkets Australia, a digital investing platform with more than 30,000 accounts, is the first to offer clients the ability to invest into companies listed on the National Stock Exchange (NSX) on-the-go via their mobile app OpenMarkets Equix. The Equix mobile app is now available on Apple and Android devices, opening-up Australia’s second largest stock exchange to […]

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Advisers demanding more from technology and platform providers

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The expectations from financial advisers on the ability for software and platform providers to act transparently and with integrity has substantially increased since the release of the Hayne Royal Commission findings, according to WealthO2 managing director, Shannon Bernasconi. Commissioner Hayne’s report had a focus on the monetary benefits that flow to advisers and licensees, however one […]

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Pendal appoints Machine Learning expert for Fixed Income

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Pendal, one of Australia’s largest and most enduring pure investment managers, has made its first appointment of a dedicated Machine Learning Quantitative Analyst in its Bond, Income & Defensive Strategies boutique, led by Vimal Gor. Itay Feldman has been recruited, initially on a one year basis, with a brief to integrate Machine Learning into the […]

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AstuteWheel Expands Fintech with Regtech

Client engagement solution, AstuteWheel, is celebrating its seventh birthday with the launch of third generation software that includes a regtech solution for financial planners. AstuteWheel Managing Director, Hans Egger, says the latest version of the software comes with new functionality and a new way of taking up the AstuteWheel offer as well as addressing a […]

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