AUSIEX’s outsourced services have provided industry leading systems, technology and support for online financial services operations since 1996.

The business provides wholesale execution and settlement facilities for licensees within the Australian Wealth Management and Financial Services industry. This includes white labelled websites, co-branding of contract notes and the provision of call centre operations.

As the regulators continue their focus on business continuity, clients of AUSIEX can feel assured that the Disaster Recovery Plans that support the AUSIEX platforms will allow their businesses to maintain market access.

AUSIEX’s Wholesale Services also market and support the Virtual Broker product offering which provides for two main target audiences.

Virtual Broker Classic is a comprehensive out-of-the-box desktop solution providing functionality to accountants, financial planners, dealer groups and various other financial institutions including banks.

Virtual Broker Retail is a white label retail platform that can provide financial licensees and institutions a branded online share trading platform offering direct access for their clients.

ACS was established in 1997 and was one of the pioneers in Australia in the provision of "back office" services to securities firms. To this day it continues to be a driving force within the industry.

As a provider of equities settlement ("clearing") and related services, ACS is suitable for broking firms who want to outsource their back office functionality to a Clearing Participant. This allows the broker (or market participant) to reduce operating overheads by outsourcing the costs associated with management, labour and infrastructure that goes with a modern day back office.

What's more, ACS is not part of a full service securities broker and maintains its independence when dealing with it clients.

Clients partner with ACS via access to what is referred to as a "remote" back office which provides agency settlement of CHESS eligible securities on the Australian Stock Exchange Limited (ASX). This is a centralised solution which ensures ACS clients enjoy the economies of scale associated with such a service.

The diversity of their client base is a testament to their professionalism and a reflection of their ability to tailor their range of solutions to suit individual clients’ business needs. This is because ACS has built their business by focusing on employing the right staff, combining them with best of breed technology and delivering personal service, smoother transactions and lower risk.

JDV was acquired by IWL in October 2005 and is located in Perth, Western Australia. It is driven by a skilled, talented and professionally diverse team of 150 full time staff.

The business focuses on providing equities platforms and services to wholesale customers within the wealth management industry in Australia. Such services include online retail share trading services for financial institutions and wealth managers as well as Equities and Options execution and settlement services for full service brokers and financial services licensees.

This also extends to its business continuity and disaster recovery planning that is so important to today’s wealth management business.

Unlike many online providers of broking services, JDVs heritage has been derived from being a broking firm who decided to venture into the online space. Due to this its proprietary intellectual property in the online equities and portfolio management arena are closely aligned to the expectations of the industry.

Our new Third Party Equity Clearing and Settlement service allows Market Participants to outsource their clearing and settlement obligations to ACE, who inturn assume full responsibility for any settlement risk and associated capital requirements.

Unlike its competitors, the business does not operate or is not part of a business which operates a full service advisory stockbroking firm. No amount of “Chinese Walls” can beat this type of independence and it ensures that ACS is focused on the businesses of its clients.

The advantages of Third Party Clearing provides for reduced transactional costs, removal of the overhead of managing back office operations, reduction of infrastructure costs, as well as the outsourcing of management of risk, capital adequacy and business rule 1A.

Allowing ACE to manage these keys elements allows businesses to focus on new opportunities and strategic enhancements instead of day-to-day operational issues.