hamer

Administration

Sharing of ‘commoditised’ tasks the key to managed fund STP

The flood of 16,000 faxes per day that continue to flow between wraps, custodians and funds mangers will only abate when industry leaders decide what tasks in managed fund transactions have become commoditised, and agree to centralise them. This is similar to what Australia’s banks decided years ago on cheque clearing, according to Ausmaq chief […]
Administration

Sharing of ‘commoditised’ tasks the key to managed fund STP

The flood of 16,000 faxes per day that continue to flow between wraps, custodians and funds mangers will only abate when industry leaders decide what tasks in managed fund transactions have become commoditised, and agree to centralise them. This is similar to what Australia’s banks decided years ago on cheque clearing, according to Ausmaq chief […]
<1of2>