Platform provider Oasis Asset Management is looking to hire 19 new IT personnel as it beta tests a number of new systems.
Wayne Lowe, Oasis managing director, said the hire of the new IT people, which was currently underway, would bring the group’s total IT force up to 76. “We’re doing it because we want to fast track some developments in the business,” Lowe said. ING Australia bought 76 per cent of the platform in March this year and although Oasis lost dealer group Avenue Capital early this year, Lowe said there had been no client losses post the ING deal. Oasis is currently beta testing upgrades for its MoneyOne desktop software application and website. “We recently upgraded all our hardware,” Lowe said.
As super fund CIOs return to work for 2025, all eyes are on two things: Donald Trump’s presidency, and inflation. But they’re not the only issues that will drive investment decisions and returns, and some of them may present an unfamiliar set of challenges for a cohort of investment professionals that has grown up experiencing a particular set of market and economic conditions.
Simon HoyleJanuary 7, 2025