Leaders in Industry Efficiency
We employ industry leading levels of electronic trading efficiency. Ausmaq’s track record in efficiency leadership started with the launch of a proprietary trading platform, M.fund Exchange in April 2003. This fund trading network enabled approximately 40% of our trades to be automated. In 2010, Ausmaq was the first platform in Australia to go live using SWIFT-ISO20022 automated managed funds trading. These capabilities, together with planned SWIFTNet developments over the next 12 months, are expected to result in Ausmaq becoming Australia’s first entity to make managed fund trading by fax an exception with over 50% of trades fully automated.
As well as our individual efforts, Ausmaq is an active participant in industry initiatives to improve efficiency through the Securities Market Practice Group, Financial Services Council and the Australian Custodial Services Association forums.