Posts tagged as Australia

Industrialisation of financial services is coming: Calastone Connect Forum

01 Nov 2016

Today’s confluence of technology, regulation and market volatility is supercharging the transformation of Australia’s funds management industry that in five years will look entirely different. That was the consensus of experts gathered at the inaugural Calastone Connect Forum this month, representing a diverse representation of investment management operations, platform administration, banking, venture capital, legal, regulatory and even elite sports to dissect the day’s theme ‘Technology as an Enabler’. Whether it be enabling smoother systems or creating new ones, technology is challenging status quos within financial services and driving cultural acceptance of failure as part of success.

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Tony Nejasmic

Posted by Tony Nejasmic, Director of Business Development, Calastone AU NZ.
Tags: Australia

External systems can simplify the end of the financial year

11 Aug 2016

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Sarah Hayward

Posted by Sarah Hayward, Managing Director - Head of Australia.
Tags: Reporting, Reconciliation, Distributions, Australia

Q&A with Morningstar’s Ramsin Jajoo about hard ‘truths’ for managed funds

30 Jun 2016

It helps to be agnostic in today’s investment management sector, as capital flows more freely and broadly across classes, borders and structures. Sharing our bird’s eye perspective is global investment research group Morningstar, whose Head of Asset Management Solutions Ramsin Jajoo recently addressed our Connect Forum in May, highlighting three “inevitable truths” as shaping flows.

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Sarah Hayward

Posted by Sarah Hayward, Managing Director - Head of Australia.
Tags: Australia, Managed Funds

Asia Region Funds Passport – a simple yet significant start

30 Jun 2016

It’s been nearly five years since APEC finance ministers announced their support for the creation of a pilot Asia Region Funds Passport structure, and the forthcoming launch of the Asia Funds Passport should provide a launching pad for Australian fund managers who would like to distribute relatively simple retail products across the region.

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Sarah Hayward

Posted by Sarah Hayward, Managing Director - Head of Australia.
Tags: Asia, Australia, Regulation

Sarah Hayward discusses how Calastone Reporting supports reconciliations and distributions challenges

30 Jun 2016

The end of the financial year is here and with it comes the seasonal challenges for managed fund back offices to reconcile all holdings and prepare annual tax statements. Relieving this administrative burden that intensifies at tax time, Calastone has developed Calastone Reporting, a domestic and cross-border reporting service incorporating 4 statement types: for reconciliation - statements of holdings and statements of transactions; and for distributions -statements of tax and statements of income. Sarah Hayward, Managing Director of Australia and New Zealand, explains the unique features of Calastone Reporting and the relief it brings for all reporting cycles, particularly during the tax season.

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Sarah Hayward

Posted by Sarah Hayward, Managing Director - Head of Australia.
Tags: Reporting, Reconciliation, Distributions, Australia

Fintech only as powerful as the problem it solves

05 Apr 2016

Fintech is lauded as the great enabler of innovative frontiers, however, the reality for most is that it presents the critical means to remain competitive, agile and sustainable in a high-cost economy. Anticipation around which market segment is next to be disrupted in today’s digital world can often overshadow the achievements and efficiencies already being delivered by smart financial technology.

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Sarah Hayward

Posted by Sarah Hayward, Managing Director - Head of Australia.
Tags: Australia, Fintech

Asia-Pacific: An Evolving Region

09 Mar 2016

The opportunities for fund managers in Asia-Pacific (APAC) should not be underestimated. The region accounts for one third of the global economy, while its middle class continues to grow. APAC’s burgeoning high net worth population (HWNI) is likely to edge past North America imminently, according to data from the World Wealth Report 2015 published by Capgemini and RBC Wealth Management. Cash-heavy institutional investors including pension plans, insurance companies and corporates are looking to invest their capital in this low interest rate environment, and fund managers could provide an excellent channel for this. But what are the regional drivers and changes that will further abet capital raising opportunities for fund managers in APAC?

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Sebastien Chaker

Posted by Sebastien Chaker, Managing Director - Head of Asia.
Tags: Asia, China, Australia

Calastone Australia whips up a Superstream

24 Jun 2013

There's been a lot of media interest in Calastone Australia recently. The industry as a whole has been committed to automating both the managed fund and super space. We are at a stage where the accessibility barriers to entry are slowly coming down and funds are becoming more comparable in client experience to an equity.

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Tags: Australia

Shannon Sweeney takes over the mantle to lead Calastone Australia

09 Apr 2013

As Calastone’s expansion into the Australian market continues apace, we were very glad to welcome the arrival of Shannon Sweeney as our new Managing Director, Australia. Shannon’s appointment underlines our commitment to the Australian market and is just the first step in an exciting future.

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Tags: Australia

Calastone Australia passes Tipping Point

21 Mar 2013

With over 40% of the market now able to send or receive orders via Calastone, 150 market participants gathered in Sydney and Melbourne to hear from Industry leaders about how automation has benefitted both their businesses and client offerings.

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Tags: Australia