Rubik secures Big Four
Australia's Big Four banks have renewed licensing contracts with software provider, Rubik Financial, to continue using the firm's COIN client base.
Rubik chief executive, Iain Dunstan, said each of the four banks had extended their licensing agreements for a minimum two-year term.
"We are very pleased that our long-standing relationships with clients are continuing," he said.
"With all major clients agreeing to extend their contracts beyond the usual one-year rollover, we believe they are showing support for our offering.
"These new contracts stand the business in good stead for the future."
Dunstan added that there had been an increased level of interest in financial services software, "with the pipeline now stronger than it has been in a number of years".
"There has been a lot of talk in the industry about dealer groups and IFAs considering their software options, and we are certainly seeing the results of this via the inquiries we are receiving and the work that our recently expanded sales team is doing," he said.
Recommended for you
Sharing his reasoning in joining the FSC board, WT Financial managing director, Keith Cullen, believes “product and advice cannot be separated” from each other in the current environment.
The Emerge Foundation, a charity run by financial advisers and fund managers, has announced a scholarship program to help veterans transition into tertiary education.
In an open letter, Sequoia chief executive Garry Crole has hit out against shareholders “with a personal axe to grind” as he fights for his job ahead of an EGM.
The JAWG has announced it is in talks with Treasury around five “core principles” to strengthen the education standards for new entrants to the financial advice space.
