JP Morgan Chase Bank has signed a five-year agreement with wealth management software supplier Bravura Solutions to use its Rufus transfer agency platform.
The agreement, which commences in August 2009, extends JP Morgan's existing relationship with Bravura through its Worldwide Securities Services division, which provides transfer agency services in Dublin and Luxembourg.
It follows an announcement by JP Morgan that it intended to launch UK Transfer Agency, with JP Morgan Asset Management Marketing as its first customer.
The agreement demonstrates Bravura's capability to support the transfer agency industry across Pan European markets, said Bravura group chief executive Simon Woodfull.
Australia’s largest superannuation fund has confirmed all members who had funds stolen during the recent cyber fraud crime have been reimbursed.
As institutional investors grapple with shifting sentiment towards US equities and fresh uncertainty surrounding tariffs, Australia’s Aware Super is sticking to a disciplined, diversified playbook.
Market volatility continued to weigh on fund returns last month, with persistent uncertainty making it difficult to pinpoint how returns will fare in April.
The Association of Superannuation Funds of Australia (ASFA) has called for the incoming government to prioritise “certainty and stability” when it comes to super policy.