Asset Management stories - Page 11

Tokenised funds are forecast to surge from $4 billion in 2024 to $235 billion by 2029, driven by growing links between traditional asset management and DeFi platforms.

Korean broadcaster KBS cuts SAP maintenance costs by 50% through Rimini Street support, redirecting savings to boost AI initiatives in its TV operations.

Teletrac Navman strengthens its enterprise business development team with three new hires, boosting expertise in construction, mining, local government, utilities and transport.

333D reports first profit in over five years with USD $143,777 after-tax, focusing on healthcare and digital asset management growth for 2026.

Nearly half of industrial firms lack the expertise to adopt AI and advanced tech in asset management, despite growing interest in tools like machine learning and digital twins.

Australian firm 333D surged to AUD $1 million revenue, pivoting to digital asset management in healthcare, returning to profit from a prior loss.

DigiCo reports FY25 EBITDA of AUD $99m, outpacing forecasts with strategic certification and growth in Australian and US data centre operations.

IFS has acquired London-based 7bridges, enhancing its AI-driven supply chain tools to cut costs and boost logistics efficiency across industry sectors.

Block Earner has raised AUD $8 million to expand its crypto-backed loan products amid strong demand and plans for growth in Australia and international markets.

ISG has sold a 75% stake to Shaw and Partners for NZD $67.5 million, marking a major step in its growth and partnership with Switzerland's EFG International.

Asset management leaders from Australia and Asia Pacific reveal AI's role in transforming maintenance, forecasting, rostering and safety across industries.

Calero has launched a new SaaS management tool to help IT leaders cut costs and tackle shadow IT by improving visibility, control, and optimisation of cloud apps.

ManageEngine's Endpoint Central saved users $4.5 million with a 442% ROI and payback in under six months, per Forrester's three-year economic impact study.

Lenovo unveils TruScale DaaS for Sustainability, a subscription model helping enterprises cut IT costs up to 35% and reduce carbon emissions with circular IT.

Agentic AI is transforming business with smarter virtual assistants and personalised marketing, reshaping customer experience and operational workflows globally.

Acuity Knowledge Partners teams up with Databricks to offer enhanced AI and data solutions to over 650 financial firms worldwide, boosting analytics and automation.

Vocus has completed a AUD $5.25 billion acquisition of TPG's fibre assets, expanding its network to over 50,000 km and boosting services across Australia.

Azul has launched a Managed Services Provider Programme to help partners offer Java asset management, security and code insights via its Intelligence Cloud platform.

Rapid7 launches Active Patching, an automated feature in Exposure Command, to speed up vulnerability fixes and reduce risks using Automox technology.

FNZ and Microsoft have formed a five-year global partnership to integrate AI into wealth management, enhancing digital experiences for advisors and clients worldwide.