Information Mosaic gets certification


Leading post-trade automatics provider Information Mosaic has been awarded SWIFTReady 2012 Certification for Securities Settlement and Corporate Actions.
The company said the label for Corporate Actions had been awarded for an eighth consecutive year.
It said the SWIFTReady for Securities Settlement label had been awarded to the company's post-trade operations platform IMSecurities.
Information Mosaic's corporate actions solution IMActions automates the complete corporate actions life-cycle, from announcement capture and cleansing, to entitlements, notifications, elections, and allocations.
Recommended for you
Advisers at DOD Bookkeeping, which received an $11 million penalty last week, received as much as 40 per cent of their remuneration via a bonus when clients purchased a property via a SMSF, according to court documents.
Private wealth manager Escala Partners has launched an end-to-end investment platform to strengthen its alternatives capability as clients seek sophisticated vehicles.
Perpetual Wealth Management has hired two advisers from Ord Minnett as part of five hires, just weeks after the rival firm announced it had picked up six from Perpetual Private.
ASIC has cancelled the AFSL of a Perth financial services firm following payments to its clients by the Compensation Scheme of Last Resort after a failed managed investment scheme.