Organizations risk losing employees as household budget needs are prioritized The challenging financial circumstances faced by many Australians have led to increased job search behaviour, with employees seeking better pay packets to address their household budget needs. Despite a slight decrease in business confidence and consistent employee perceptions of job…
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Despite the decline China VC remains a force in global market The China venture capital (VC) funding landscape experienced a decline in both deal volume and value during January to May 2023 compared to the previous year, attributed to geopolitical tensions and recession concerns. However, China remains a dominant player…
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Nippon Life India Singapore is at an exciting point in their expansion SS&C Technologies Holdings, Inc. today announced Nippon Life India Asset Management (Singapore) Pte. Ltd. (Nippon Life India Singapore), the offshore multi-asset, multi-strategy platform of Nippon Life India Asset Management Limited, has transitioned its operations onto the SS&C Eze…
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Avallis to automate its investment accounting Clearwater Analytics, a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, today announced that Singapore-based fund manager Avallis Investments has selected Clearwater Analytics to power its investment data management, portfolio analytics, and investment reporting operations to drive higher growth across its business. Avallis…
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Flexible approach to finance tech stack CFOs who adopt a composable technology strategy will achieve higher revenue growth than peers who take more traditional routes with their technology investments, according to Gartner, Inc. By 2024, 60 per cent of finance organizations will seek composable finance applications in new technology investments.…
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The applicability may vary across organizations and industries “Organizations ignoring these use cases should have a good reason for doing so because they offer the best combination of feasibility and business benefit,” said Mark D. McDonald, senior director, research in the Gartner Finance practice. “Looking to apply AI to other use cases…
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Wayne Byres, Chairman APRA discusses how financial promises made by the institutions that APRA supervises are met within a stable, efficient, and competitive financial system to Parliament. As the prudential supervisor of the financial services industry, APRA currently supervises around 2000 institutions across authorised deposit-taking institutions (banks, credit unions and…
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Automation in most finance functions has gone after low-hanging fruit A February 2022 survey of 155 finance executives revealed that 55 per cent of respondents are aiming for a touchless financial close by 2025, according to Gartner, Inc. “Most finance functions want to close faster, cheaper, and with fewer errors,”…
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