Consumer and commercial data and intelligence company Veda has entered into an alliance with ITM. ITM will provide data audit capabilities for Veda clients using ITM's specialised data interrogation tool DataSapient.
Veda chief executive Nerida Caesar said the company supported the Government's focus on data governance across financial institutions.
"We're excited to work with ITM in delivering the best possible solutions for the superannuation industry. The combination of our respective core capabilities will help funds retain and grow their customers within a cost-efficient, secure and privacy-compliant framework," Caesar said.
In turn, ITM customers can address inaccuracies and incompleteness through Veda's data remediation services.
ITM managing director Steve Shoreson said the alliance would improve ITM's data audit capabilities by updating inaccurate data.
"Leveraging Veda's technology infrastructure will also improve our software offering and help trustees/secretariats improve data completeness systematically on their premises," he said.
Australia’s second largest super fund has added thermal coal companies to its list of investment exclusions.
The fund has expanded its corporate superannuation solutions to partner with Australian businesses of all sizes.
The chief executive of Aware Super anticipates a significant shift in how ESG factors will influence portfolio values in the next six years, surpassing the changes witnessed in the past two decades.
In a recent statement, shadow assistant minister for home ownership and Liberal senator for NSW, Andrew Bragg, accused ‘big super’ of fabricating data attributed to the Reserve Bank of Australia to push their agenda.
Add new comment