Equity Trustees employs fintech solution

equity-trustees/partnership/

11 October 2017
| By Hope William-Smith |
image
image
expand image

Partnering with a specialist fintech helps in adapting to an ever-changing regulatory environment and boosting capabilities that will attract customer investment, according to Equity Trustees.

Equity Trustees announced its own fintech partnership this week with the pControl Oversight solution, with the intention of further expanding its professional funds governance capability.

Commenting on the partnership, Equity Trustees executive general manager, Corporate Trustee Services (CTS), Harvey Kalman, said: “We are constantly looking to invest in a way to strengthen our oversight functions and bolster scalability and compliance capabilities.”

“We’ve experienced significant growth in our trustee services business for fund clients, which includes taking on the responsible entity role for the funds.

“To support this…we wanted to standardise and automate the oversight function to create scale and boost controls across global jurisdictions.”

Equity Trustees, which is a subsidiary of EQT Holdings, will reach its 120-year establishment anniversary in 2018. 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 18 hours ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3