BBL rolls out software in Asia
Software developed by Australian-based funds management group BBL Funds Management is making inroads into the Asian markets with deals signed in Singa-pore and India.
Software developed by Australian-based funds management group BBL Funds Management is making inroads into the Asian markets with deals signed in Singa-pore and India.
BBL has just completed installing its unit registry system for a joint venture project in Singapore between its parent company ING and Singapore-based bank OUB Group. The new joint venture project hopes to capture 10 per cent of Singapore relatively small unit trust business which presently has about $5.3 billion under management.
BBL’s software is also about to be unleashed on India with the group’s first con-tract for a funds management group in Bombay.
BBL managing director Norm Sinclair says he hopes to licence the system throughout Australia and the Asian region.
AUTHOR
Recommended for you
As the government announces a public inquiry into the collapse of Dixon Advisory, risk adviser Richard Silberman has detailed the three areas that typically lead to an AFSL's collapse.
With a growing number of advisers now running their own business, they need to pivot their career identity to being a business owner rather than just as a financial adviser if they want to futureproof their business.
Zenith Investment Partners has launched a range of new managed account portfolios over the past quarter, including on Insignia Financial’s Expand platform.
The financial services technology firm has officially launched its digital advice and education solution for superannuation funds and other industry players.
