Matrix IDM supports First State Super merger
May21

Matrix IDM supports First State Super merger

Matrix IDM, a leading solution provider to asset owners and managers, today announces a new client signing. First State Super, one of Australia’s largest superannuation funds, have selected Matrix IDM for their proven Rebalancer solution. To support its integration with its merger partner VicSuper, First State Super is using Matrix IDM to enhance overall integration of options and exposure management. This includes the ability to...

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Avelacom expands Ultrafast Connectivity Services to access Australia’s Capital Markets
Nov08

Avelacom expands Ultrafast Connectivity Services to access Australia’s Capital Markets

Avelacom has launched a new point of presence (PoP) in the Australian Security Exchange’s (ASX) Australian Liquidity Centre (ALC), Australia’s only data centre dedicated to the financial markets community. The initiative is designed to meet the rising needs of proprietary trading desks and brokerage firms to access Australian capital markets over a single, low-latency network that also connects trading venues in Asia Pacific, Middle...

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Temenos Celebrates Commitment to the Australian Market
Sep27

Temenos Celebrates Commitment to the Australian Market

Setting out its vision for a new world of banking without limits Temenos last week hosted an exclusive event. The dinner was attended by Temenos clients and other senior leaders of the banking and finance industry, and was hosted by Temenos Executive Chairman, Andreas Andreades. Speaking at the event, Mr. Andreades said, “The pace of technology and regulatory change has made new business models possible. As we enter the new world of...

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Intellect Signs Multi-year Deal with One of the “Big Four” in Australia
May24

Intellect Signs Multi-year Deal with One of the “Big Four” in Australia

Intellect will provide the Bank with digital solution for its Treasury, Trade Finance and Retail remittance services for a portion of its offshore business, along with 10 years of dedicated maintenance and technical support Intellect Design Arena Limited, a digital technology product provider across Banking, Financial Services and Insurance, has signed a 10 year deal with one of Australia’s “Big Four”, to implement its integrated...

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ANZ Comments on Federal Budget Bank Tax
May10

ANZ Comments on Federal Budget Bank Tax

ANZ today highlighted the need for banks and Parliament to bridge the obvious divide between them in the long-term interests of the Australian economy. ANZ CEO Shayne Elliott said: “The bank tax announced in last night’s Federal Budget is regrettable policy. The reality is this is a tax on the millions of ordinary Australians who are bank shareholders and bank customers. “This additional tax fails to recognise the banking sector is...

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Overhaul of Regulatory Reporting Technology Infrastructure for Australian Banks
Mar21

Overhaul of Regulatory Reporting Technology Infrastructure for Australian Banks

For the first time in 15 years The Australian Prudential Regulation Authority (APRA) is overhauling its core regulatory reporting requirements, creating a stir within Australia’s financial industry. The modernized framework, otherwise known as the collection of Economic and Financial Statistics (EFS) data, will require Authorised Deposit-taking Institutions (ADIs) to provide more granular data at a higher quality and ADIs will have...

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Pub Payments Rolls Out Australia’s Largest Common On-Premise Promotional Code
Jul06

Pub Payments Rolls Out Australia’s Largest Common On-Premise Promotional Code

Pub Payments, an Australian based alternative payments and promotional start-up, has commenced the national rollout of its free terminal network into thousands of licensed venues in every state of Australia. “Pub Payments Terminal Welcome Packs” are provided at zero cost to be used by participating venues to allow the redemption of promotional voucher codes for offers to customers to receive free or discounted beers, wine,...

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