OnePath introduces new fund reporting technology
ANZ-owned asset manager OnePath has introduced FundSource as its new fund reporting system for its clients, which has cut the quarterly collection of performance data for 300 funds from six weeks to two days.
FundSource is a fully automated document production service powered by a client communication and reporting solutions company Kurtosys Systems.
Prior to embracing the new technology, OnePath used Microsoft Excel spreadsheets to collate fund performance data.
Some of the features available on FundSource are pre-built libraries for data and content loaded through the data management toolkit, Kurtosys EDM, factsheet components, workflows and templates.
Kurtosys chief executive officer, Mash Patel, said these features “significantly reduce the time, effort and cost for OnePath’s move to Kurtosys”.
Recommended for you
The central bank has released its decision on the official cash rate following its November monetary policy meeting.
ASIC has cancelled the AFSL of a Melbourne-based managed investment scheme operator over a failure to pay industry levies and meet its statutory audit and financial reporting lodgement obligations.
Melbourne advice firm Hewison Private Wealth has marked four decades of service after making its start in 1985 as a “truly independent advice business” in a largely product-led market.
HLB Mann Judd Perth has announced its acquisition of a WA business advisory firm, growing its presence in the region, along with 10 appointments across the firm’s national network.
