Single platform strategies but no exits
3 April 2025Platforms have been confirmed as the most profitable segment of the financial services sector meaning numbers are growing, not declining.
Platforms have been confirmed as the most profitable segment of the financial services sector meaning numbers are growing, not declining.
Australian PE player, Adamantem Capital has completed its acquisition of platform business Mason Stevens with a growth agenda.
The RBA has taken the extraordinary step of deeming the ASX to have failed in meeting its operational risk obligations regarding CHESS.
Its on. Westpac has signalled putting the final piece of its single platform strategy in place by migrating Asgard clients to BT Panorama.
Elemnta has achieved SOC 2 Type 1 Certification, marking its strong protection of customer data and regulation of cybersecurity risks.
Class has added a range of new property compliance features to its wealth accounting and SMSF administration platform.
FNZ has marked its next strategic move with the appointment of seasoned executive, Anthony Habis, as Group Head of Asia Pacific.
Iress has made two senior appointments to its APAC wealth product and technology teams, poaching Team Super’s CTO Callum Masson for a new EGM role.
ASIC has initiated Federal Court action against FIIG Securities alleging it failed to address cybersecurity inadequacies for more than four years.
SS&C’s founder, Bill Stone, has seen his company pull off one of the larger transactions with Insignia but is happy to fly under the radar.
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