Faster net speed boosts efficiency of financial service businesses

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Australians are accessing the internet at higher speeds, helping to improve the efficiency of online financial services businesses, according to FinaMetrica, an  Australian business that has won a high profile international award for its online solution which assesses the risk tolerance of investors. Data released this week from the Australian Bureau of Statistics (ABS) reveal there […]

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Surge in Australian investor assets to drive asset servicing technology investment

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DST further invests in automating fund accounting and tax processing capabilities for asset-backed and mortgage-backed securities in HiPortfolio® DST Global Solutions, a market-leading provider of DST Global Solutions for the investment management industry, says the latest data on total assets under custody for Australian investors highlight the need for asset managers and asset servicers to have […]

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Key findings of the 2013 Investment Trends Planning and Advice Applications Report

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XPLAN is the top rated Australian planning application for 2013 and AdviserNETgain is the top rated Hybrid planning/platform application. FOFA development has been completed and software vendors are now focusing on scaled advice and planner and consumer engagement. IFAs, institutions and superannuation funds are using technology to deliver a range of scaled advice services. Provisio […]

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BT Financial Group releases tablets to bank planners

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BT Financial Group has started one of the largest releases of tablets to bank financial planners – to deliver advice to clients anywhere and anytime. The release marks a revolution in the way advice is experienced and delivered. “We are committed to helping more Australians get advice and technology has an important role to play […]

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Young advisers get on board the AstuteWheel

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While many young advisers are now degree-qualified, they are seeking more support in the use of soft skills to develop relationships with clients, according to Hans Egger, co-creator of the AstuteWheel. “There is a knowledge gap surrounding soft skills in young advisers as they complete their Paraplanning apprenticeship and seek to gain client-facing experience. These […]

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AMP launches first whole of wealth App

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AMP has launched Australia’s first fully integrated ‘whole of wealth’ mobile app to drive customer engagement with their finances – as Newspoll research shows a quarter of working Australians know little or nothing about their superannuation investments. The AMP.Own Tomorrow app is the first in Australia where customers can access their banking, superannuation, insurance and […]

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OneVue embraces new managed funds service

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The ASX’s new managed funds settlement service will transform the market as it will ultimately reduce administration costs and make it far easier for SMSF investors to participate directly in the managed funds space, according to OneVue. OneVue chief executive Connie Mckeage said OneVue, which specialises in providing digital SMSF solutions to a range of […]

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Rubik and Stargate’s COIN/SymmetryCRM interface allows collaboration between advisers and mortgage brokers

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Rubik Financial Limited last week announced a new interface that integrates its wealth planning software COIN with Stargate Technologies’ loan management tool, SymmetryCRM, used by over 2,500 Australian mortgage brokers. The interface will initially allow financial planners using COIN and mortgage brokers using Symmetry to push client information to each other’s respective platform. It will include […]

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ASX to launch a new managed funds settlement service

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ASX has received regulatory clearance to launch its new managed funds settlement solution – mFund Settlement Service. It will be launched in the first half of this calendar year following the completion of customer connectivity. mFund has been developed for investors, brokers and fund managers to improve the timeliness and reduce the costs associated with investing in […]

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Zurich launches iPad communications mix simulator

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Zurich yesterday announced the launch of a communications mix simulator, designed to enable financial advisers to assess the effectiveness of their client communication strategy. Designed in partnership with the Beddoes Institute, the net reach simulator is an interactive iPad app which calculates the effectiveness of a communications mix based on the generational profile of an […]

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