Northern Trust completes CSC implementation
Investment management administration specialist Northern Trust has successfully completed the implementation and integration of Commonwealth Superannuation Corporation (CSC) onto its technology platform.
Northern Trust, which was appointed to provide master custody and related services to the $26 billion CSC fund in late 2011, completed the transition of CSC's custody arrangements this month.
It followed on from Northern Trust also implementing a restructure of the ARIA Investment Trust.
Commenting on the development, Northern Trust Australia managing director Rohan Singh said he believed the company's ability to deliver a range of online services and provide clients such as CSC with access to data for exposure and transparency purposes represented a key to managing risk on a real-time basis.
Recommended for you
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
Amid the current financial adviser shortage, advice firm Link Wealth is looking to expand its financial literacy program for high school students across the country.
TAL Risk Academy has updated its range of ethics courses to help financial advisers meet their CPD requirements following adviser feedback, including interpreting FSCP determinations.
