Contribution to custody industry recognised

The Australian Custodial Services Association (ACSA) has recognised four winners for outstanding contribution to the Australian custody and investment administration industry.  

The winners, who were announced at the 2014 Investment Administration Conference, won the awards for a high level of professionalism, knowledge and commitment to the industry. 

They included Marian Azer from J.P. Morgan Investor Services, Daniel Cheever from State Street Global Services, Darryll Rogers from NAB Asset Servicing and Paul Talbot from OneVue Fund Services. 

Azer, Cheever and Rogers won the award for their contribution in the Stronger Super Task Force, which was set up to help understand the Government’s Stronger Super reforms across the custodial industry and coordinate dialogue between the Australian Prudential Regulation Authority, custodians and the superannuation industry. 

The task force also progressed on agreeing on issues such as achieving adequate detailed investment information for fund look-throughs and treatment of derivatives and currency overlays. 

Talbot won the award for promoting automated processing in the managed funds industry, something he has pushed for as Chairman of the Securities Market Practice Group since 2011. 

ACSA said his promotion of the reduced risks and costs of automation has upped the popularity of straight-through processing in the Australian managed funds industry.