New generative AI is a boon for fundamental fund managers: Kollo
ChatGPT presents an inflection point in the quantitative investment journey, writes Michael Kollo, one that doesn't need the presence of machine learning...
Praemium joins leading platform peloton on reporting, data strength
After buying Powerwrap and shrugging off its own buyout offer from Netwealth, Praemium has joined the top tier of platform providers on the back its data and...
Sequoia links up with SQM Research for ratings partnership
Sydney-based advice and technology group Sequoia Financial Group has forged a strategic partnership with ratings agency SQM Research in a high-profile vote of...
Mason Stevens' platform rating surges amid IPO chatter
The firm, which provides investment platform services on top of specialist investment support functions, is making ground on both the new guard and the...
Infocus releases 'magic' platform tool as it nears 30-year anniversary
If you're going to offer services that the incumbents already do well, Steinhardt tells Inside Adviser, you need to do a pretty good job at it yourself. And if...
In the war over AI's future, the big guns may have already won
Large language models like ChatGPT are part of a long technology continuum driven by Moore's law, the observation that transistor capacity doubles every two...
'Context is everything': What ChatGPT can do for advice, and what it really can't
AI language generators like ChatGPT pose about as much threat to advice as robo does, which is to say not much. But much like robo, ChatGPT and its...
Next gen platforms surge while adviser FUA doubles
Netwealth and HUB24 are expected to continue eating the incumbents' lunch, according to UBS. Meanwhile, as adviser numbers have halved the average amount of...
ASX drops plan to replace CHESS with blockchain, writes off $250M
The long-running project has been shelved after a devastating Accenture report cited multiple areas of concern. ASIC chair Joe Longo said the ASX "failed to...
Advisers, is this our Kodak moment?
The rise of digital photography at the turn of the 21st century basically spelled the end of Kodak. Similarly, the rise of digital advice is the death knell...
Australia readies for the Tokenization wave
The race to tokenize is on, with Australia joining Switzerland, the US and Japan in embracing the technology.