Veda alliance with ITM
Commercial data specialist Veda has entered into a strategic alliance with data specialist company ITM to provide superannuation customers with steamlined access to audit capabilities.
The arrangement, announced this week, will see Veda's superannuation customers being able to access ITM's data audit capabilities and the data interrogation tool DataSapient, while ITM customers will be able to utilise Veda's data remediation services.
Commenting on the move, Veda chief executive Nerida Caesar said the company fully supported the Government's focus on data governance across all financial institutions.
"We're excited to work with ITM in delivering the best possible solutions for the superannuation industry. The combination of our respective core capabilities will help funds retain and grow their customers within a cost-efficient, secure and privacy-compliant framework," she said.
ITM managing director Steve Shoreson said the relationship would improve the company's data audit capabilities and allow it to prove service levels.
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.
