The funds ind
ustry is one of the great success stories of the Irish economy. From humble beginnings in the early 1990s, the region has become a global player. According to statistics from the Irish Funds Industry Association, it services assets in excess of €1,941 billion and employs over 11,000 people.
This week, the Celent team have been developing the content for a workshop that we will take to our clients to explore what the world of insurance could like in 2022 once the disruptive effects of today’s technology evolutions take hold, such as cloud, ‘Big Data’, and SoMoLo (Social, Mobile and Local).
The latest Exposure Draft (ED) “Superannuation Payments and Data Regulations” legislation from SuperStream (part of the Stronger Super government initiative to reform the Australian superannuation industry) focuses on the data standards for superannuation payments, placing enforceable requirements on super entities, employers and intermediaries processing data on behalf of these entities.
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