Big data functionality will be included in Financial Synergy's Acurity platform, as the firm positions itself to move into 2016.
The specialist superannuation and investment software provider announced the big data functionality this week at the same time as outlining recent growth within it consulting and research and development teams.
The company said that fund efficiency and online member engagement had been two of its areas of focus this year, with the Acurity platform adding another two million member accounts representing $150 million in funds under management (FUM).
Commenting on the developments, Financial Synergy chief executive, Stephen Mackley said the company was seeking to balance its growth strategy to ensure it continued to support existing and new businesses.
Michael Lovett, who left the investment firm just three months after launching its Vanguard Super offering, has taken up a chief executive role at an Australian asset manager.
The Central Bank of Ireland has granted the approval of Equity Trustees’ exit from its Irish operations, with the transaction expected to be complete on 30 April.
Super returns continued to climb in March, raising hopes of delivering double-digit returns by June depending on the performance of this next quarter.
The dedicated super fund for emergency services and Victorian government employees is under fire for unpaid entitlements to transport employees, which could exceed $40 million.
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