MainstreamBPO, a specialist third party administrator operating in the financial services industry, today announced an initial public offer (IPO) of shares in MainstreamBPO at an offer price of A$0.40 to… Read More
FundBPO has issued its annual internal controls report in relation to its compliance with the Auditing and Assurance Standards Board’s Guidance Statement 007 (GS 007). GS 007 prescribes a minimum set of… Read More
Middle office outsourcing – involving service provider integration, data and trade management, compliance and reporting – represents a new wave of specialist administration services. While only a minority of investment… Read More
With volumes and complexity increasing, FundBPO has automated its stock reconciliation processes to increase risk control and give our clients better insight and control over their holdings. FundBPO now manages… Read More
Australia’s largest independent fund administrator, FundBPO, has joined Calastone, the global fund transaction network. FundBPO expects Calastone’s “Straight-Through-Processing” (STP) order routing will streamline its unit registry service by improving efficiency… Read More
There has been a lot of media debate in recent months about future superannuation and retirement incomes policy. There have been calls for all sorts of changes, including among others:… Read More
If you have Australian based managed funds, you should already be aware that AUSTRAC introduced new Customer Due Diligence (CDD) requirements in Australia from 1 June 2014. Made in response… Read More
Leading investment fund incubator and partner Channel Capital Pty Ltd (Channel Capital) has announced the appointment of independent fund administrator FundBPO Pty Ltd (FundBPO), part of the MainstreamBPO group, to… Read More
No doubt you have heard about the US Government’s Foreign Account Tax Compliance Act (FATCA). However have you fully considered the impact on your business? Even if your fund does… Read More