Information Mosaic opens Australian office
Leading advanced post-trade automation solutions company, Information Mosaic, has established an Australian presence.
The company announced this week it had opened sales and support office in Melbourne – something which it regarded as adding to its presence in South-East Asia, where it already has offices in India, Malaysia and Singapore.
Commenting on the move, Information Mosaic Asia-Pacific director James Wayne said the expansion was a direct response to the number of clients using the company’s solutions in the Australia/New Zealand region.
“The increased demand for modern post-trade and asset servicing solutions from financial firms in the region make Australia/New Zealand a key market for Information Mosaic,” he said.
Information Mosaic’s head of business development for Asia, Deirdre Jennings, will transfer from Information Mosaic’s Singapore office and will be based in the new Melbourne location.
Recommended for you
As the first quarter of 2024 comes to a close, Money Management looks back on the corporate regulator’s bans and AFSL cancellations in the financial advice sector.
Insignia Financial is holding ‘relatively steady’ onto its rank as Australia’s second-largest financial advice licensee after the Godfrey Pembroke exit but Count is hot on its heels.
Liberal senator Slade Brockman has said the government needs to have a “cold hard look” at the level of regulation in the financial advice space and the costs of running a business.
FAAA chief executive, Sarah Abood, has warned changes in the first tranche of the QAR legislation around advice fees documentation could create more work for advisers rather than less.