Australia-Korea Business Council event with Senior Trade Commissioner Brett Cooper
Australia-Korea Business Council members and guests are invited to join us on Friday the 15th of April to hear from Brett Cooper, Senior Trade Commissioner Korea. Brett Cooper will provide an informal update on the Australia-Korea trade and investment relationship. Date: Friday 15 April 2016 Time: 7.30am – 8.30am Venue: Ernst &Young, Level 33, 680 George Street, Sydney Cost: Free A light breakfast will be provided. Limited places available. RSVP essential to [email protected] There are strong growth opportunities between Australia and Korea in the Fintech sector so this event is worthwhile attending. And for more information please click here.
How to embrace change and survive digital disruption
Digital disruption is a trend that’s here to stay and no industry is safe. Traditional industries like manufacturing, transport, retail, tourism and hospitality, print media and entertainment may have been hit first, and hit hard, but it’s only a matter of time before others, including the advice industry, feel the heat. The banking and finance industry could lose almost a quarter of its revenue to fintech disrupters by 2021, based on a new report by PricewaterhouseCoopers. The report, ‘Blurred lines: How Fintech is shaping financial services’, says the disruption of the financial sector is already underway. It’s currently reshaping the nature of consumer banking and payments, and a second wave […]
UK experts kick off week of FinTech in Australia
Chris Woolard and Shaul David bring cutting-edge insight and expertise on FinTech regulation and innovation to Australian audiences. Chris Woolard, Director of Strategy and Competition at the UK’s Financial Conduct Authority (FCA), and UK Trade and Investment’s FinTech specialist Shaul David are in Australia this week to take part in a range of events to strengthen links with the Australian FinTech community. Both visitors spoke at UK Trade and Investment’s sell-out event on FinTech Innovation and Regulation at Sydney’s FinTech hub, Stone & Chalk, this evening. The event attracted over 150 of Sydney’s brightest in FinTech and focused on navigating the regulatory challenges facing both Australia and the UK. Earlier […]
Capital Preferences opens office in Stone & Chalk
Capital Preferences, a leading global financial technology company has joined Stone & Chalk, the leading Australian independent, not-for-profit fintech hub. Capital Preferences’ enterprise risk-profiling and product recommendation system is a next generation tool for banks, insurers, super funds and wealth managers who are seeking to better understand, advise, risk manage and grow their client base. The system is the brain that creates a patent pending set of measures on each client, called an Economic Fingerprint™. The system adds scientific precision and efficiency to mission critical tasks for advisers and regulators– such as understanding a client’s true risk, time or legacy preferences. “Capital Preferences’ aim is to replace outdated and imprecise […]
Stockspot set to revolutionise the investment landscape with new technology
Fintech company Stockspot is set to revolutionise the Australian investment landscape, by becoming the world’s first automated investment service to offer clients the option to personalise their portfolio with investment themes. Stockspot Themes is a new offering that lets qualifying investors steer the direction of their portfolio, by choosing from 14 different investment themes, including socially responsible shares, global shares, property and international bonds. Themes are combined with the Stockspot Model Portfolios to create personalised portfolios that are diversified across thousands of companies. “Some of our clients already own Australian shares, so want more of a tilt towards global shares in their portfolio. Likewise we have clients coming to us […]
2016 SelectUSA Investment Summit
2016 SelectUSA Investment Summit Taking place 19-21 June 2016 in Washington DC, The SelectUSA Summit is for investors of all sizes – including established multinationals, small or medium-sized enterprises, and high-growth start-ups. The United States is incredibly diverse, and the Summit brings that diversity together into one building: any company can find the people, the resources, and the market it needs to be successful. The Summit will showcase investment opportunities from every corner of the United States, while high-profile business and government leaders share insight on the latest business trends. Participants will find the practical tools, information and connections they need to move investments forward. This link provides more information on the […]
Target market for robo-advisers to grow with net usage
Robo-advice does not work well in complex situations but suits people in their 30s and 40s who are already using the internet to manage their finances and are starting to save serious money toward retirement. Robos work very well where the investor’s situation is not complex and a person neatly fits into one of several predetermined categories. For example, the small but relatively focused subset of people in their 30s and 40s who are starting to save serious money toward retirement are perfect for robos. They may have already looked at negative gearing and margin lending to grow their savings but feel disinclined to take on the added risk in […]
Media Release – Turnbull Government backing FinTech
Prime Minister Malcolm Turnbull and Treasurer Scott Morrison today announced the establishment of an expert advisory group to help make Australia the leading market for financial technology – or FinTech – in the Asia Pacific region. Financial services is the largest sector of our economy, employing around 450,000 people and contributing over $140 billion to the economy last financial year. Although Australia is a leading financial services market in the region, the sector is becoming increasingly globalised and exposed to technological disruption. Many traditional financial products are being disrupted by the FinTech sector, which is well positioned to become a leading player in the Asia-Pacific. FinTech is at the cutting […]