The PRWIRE Press Releases https:// 2017-08-16T23:00:00Z Wolters Kluwer Tax & Accounting Wins Nine Stevie® Awards in 2017 International Business Awards 2017-08-16T23:00:00Z wolters-kluwer-tax-accounting-wins-nine-stevie-r-awards-in-2017-international-business-awards Wolters Kluwer is pleased to announce that it has been named winner of nine Stevie® Awards in the 14th Annual International Business Awards, including two Silver Stevie wins by Karen Abramson, CEO of its Tax & Accounting division: Gold Stevie Winners CCH AnswerConnect Category: Best New Product or Service of the Year - Business-to-Business Services Jim Edwards, Product Strategy Director, CCH IntegratorCategory: Product Development/Management Executive of the Year Silver Stevie Winners Global Master Tax and Business Guide Category: Best Business Book CCH IQ Category: Best New Product or Service of the Year - Business-to-Business Products Karen Abramson, CEO, Tax & Accounting Global Division Category: Executive of the Year - Financial Services Karen Abramson, CEO, Tax & Accounting Global DivisionCategory: Woman of the Year – Computer Software CCH Integrator Product Development TeamCategory: Product Development/Management Department or Team of the Year Bronze Stevie Winners CCH ProSystem fx for Small Firms Category: Best New Product or Service of the Year - Software - FinTech Solution CCH IntegratorCategory: Best New Product or Service of the Year - Software - Governance, Risk & Compliance Solution “We are honored to be recognized so broadly by the International Business Awards for our best-in-class products, services and employees across the globe,” said Karen Abramson, CEO of Wolters Kluwer Tax & Accounting division. “Whether we are helping clients navigate complex tax legislation, gain efficiencies during tax filing, find a fast, accurate answer or simplify their internal audit and financial management processes, we are committed to helping our customers grow, manage and protect their businesses. We will continue to bring award-winning innovation to the marketplace that our customers have come to expect and depend on.” These wins are the latest in a steady stream of prestigious global accolades awarded to Wolters Kluwer Tax & Accounting this past year. Just last month, Wolters Kluwer was shortlisted in the 2017 International Tax Review’s Americas Tax Awards for “Americas Tax Technology Firm of the Year” and “Americas Tax Innovator of the Year.” Wolters Kluwer was also named “Asia Tax Technology Firm of the Year” by the International Tax Review’s Asia Tax Awards earlier this year. The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations. The 2017 International Business Awards received entries from more than 60 nations and territories. A record total of more than 3,900 nominations were submitted this year for consideration in a wide range of categories. “The IBA judges from across the world were highly impressed with the nominations they reviewed this year. With the level of achievement documented in the nominations from 60 nations, the Stevie Awards are proud to honor organizations that demonstrate a high level of achievement in a variety of industries,” said Michael Gallagher, President and Founder of the Stevie Awards. About Wolters Kluwer Tax & Accounting Wolters Kluwer Tax & Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy and efficiency. Wolters Kluwer Tax & Accounting is part of Wolters Kluwer N.V. (AEX: WKL), a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY). For more information about our solutions and organization, visit www.wolterskluwer.com, follow us on Twitter, Facebook, LinkedIn, and YouTube. Commonwealth Bank flunks climate test, Greenpeace says 2017-08-14T01:24:20Z commonwealth-bank-flunks-climate-test-greenpeace-says August 14, 2017: The climate policy released today by the Commonwealth Bank is significantly worse than expected and will do nothing to restore the bank’s tattered reputation. CommBank today released a one-page “Climate Policy Position Statement” which now makes them the only of the “big four” to not restrict lending around coal projects, and sees them fall far behind the standard set by other banks. “A climate policy that doesn’t mention coal or fossil fuels is not a climate policy at all,” Greenpeace campaigner Jonathan Moylan said. “The Commonwealth Bank commit in their policy to support a transition to net zero emissions by 2050 but then make a mockery of that promise by failing to outline any significant measures to achieve that goal. “By failing to exclude highly polluting fossil fuel projects like coal mines, CommBank have fallen far behind other banks such as HSBC and Deutsche Bank.” More than 90,000 people have called on CommBank to rule out fossil fuel projects and the bank is also subject to legal action for having failed to consider climate change a material financial risk in their 2016 annual report. Moylan said that the bank's recognition of the risk climate change poses to investors through its adoption of the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations around climate related risks was welcome, but noted that the bank has again failed to take action. “In this policy, CommBank states they recognise that climate related risks are real but then fail to take any significant measures to curb them,” Moylan said. “This is flagrant hypocrisy from an institution struggling to protect its name after wave after wave of scandals. “By continuing to invest in the coal industry, CommBank have failed both the Australian people and their own shareholders by exposing them to the risk of catastrophic climate change.” For interviews contact: Simon Black Greenpeace Senior Media Campaigner 0418 219 086 / simon.black@greenpeace.org Regional Western Australian firm cracks digital ton with 105 online property transactions 2017-08-14T01:22:01Z regional-western-australian-firm-cracks-digital-ton-with-105-online-property-transactions New technology is bringing WA property settlement agents a competitive edge according to Mandurah-based Waterways Conveyancing Licensee Lyn MacQuarrie. “With a high speed internet connection and a strategy to digitally exchange property we’ve quickly settled 105 properties online,” she said. Hi-tech smarts a marketing tool to capture more business “With PEXA* we can compete on an equal footing with city-based outfits because we don’t have to waste one hour of our precious client-facing time heading into the city by car or train each time we settle a property. This old method of paper-based settlements is outdated. I urge other property practitioners to get online now before we go fully electronic in several months’ time. Free training is available. Don’t wait and get left behind. When online property exchange is legislated our firm plans to use our new-found hi-tech smarts as a marketing tool to capture more business.” Most WA property transactions are moving online by May 2018 State government-led deadlines are hastening the move to digital property transactions with the lion’s share going online by May 2018. For Lyn the change can’t come fast enough. “Trekking into the city to settle a paper transaction and exchange bank cheques is like going backwards in a time machine like we did more than a decade ago to do ‘stamping’ at the state revenue office. We’ve progressed from snail mail to faxes and now to emails and SMS communications. Now it’s time to finalise property online. No one wants to go back to those time-wasting days,” she added. Running both a paper and digital system doesn’t work “I’m right behind this government mandate to take paper property exchange online. I was looking forward to the 1 December 2017 date and was unbelievably disappointed when I heard it was pushed back to 1 May 2018.  Until these changes start to take effect I have to keep running two systems – one paper and one digital. It doesn’t work for me. It means that I have to pay an outside clerk to run back and forth into town with paper documents. It makes economic sense to start planning to remove the need for pre-printed cheques. It’s wasteful and yet another unnecessary cost to our business that can be avoided by going digital. Settlement agents that delay going digital won’t be ready for the 2018 deadline “It’s a big wake up call for firms to go online now. If they wait until a few months before 1 May 2018 they won’t be ready for when a larger number of paper property matters are turned off.  Acting for clients online also frees up our hours and promotes flexible working. Not everyone works nine to five anymore. We can have all our settlements on any given day taking place within a specified hour or two not having to worry about time restrictions that we have to adhere to now. This includes having to try and re-book another property exchange time if the paper settlement fails because of an error. We can be more responsive now that many digital property settlements can be quickly and efficiently completed – sometimes in a matter of minutes. Using the old paper-based methods it could take days. If there was a printed error or a document was lost in the mail we had to start all over again.” Lyn MacQuarrie has been the Licensee of Mandurah-based Waterways Conveyancing for 14 years. She is a proponent of digitising property transactions to bring home sales into the digital age, delivering buyers and sellers fast and efficient property exchange. *ABOUT PEXA PEXA is transforming the way property is transacted. These historic changes are on par with the introduction of the Australian Stock Exchange (ASX), EFTPOS and online banking. Similarly, PEXA is bringing an online exchange for financial institutions, lawyers, conveyancers and land registries to complete property settlements. Funds settle through the Reserve Bank of Australia.  Sydney Seniors Shift Gears By Downsizing Homes 2017-08-10T23:08:49Z sydney-seniors-shift-gears-by-downsizing-homes Mayfield Property Buyers know there is a time in a senior’s life when selling the family home becomes a priority. New tax incentives announced recently by the Australian Government, which come into effect July 1, 2018, are encouraging many seniors to make this change. With these impending changes and an ever-changing real estate landscape, using the services of a Property Buyer is a popular choice especially for seniors that are wishing to downsize. John Carew, Director of Mayfield Property Buyers states, “older couples have a lot of wealth and equity tied up in their homes and by selling the family home, they will be able to unlock that value so it can be used in other ways during retirement.” Carew adds that by using a Sydney Buyer’s Agent, these Baby Boomers are assured of receiving the necessary support and property intelligence they need to make an informed decision. “Working with a specialist means there is someone negotiating on their behalf; this can dramatically reduce the time involved to find the right property as well as reducing the risk of overpaying on their new property.” There are several other reasons to downsize from a large home, Carew says, but news of the upcoming government tax incentives have brought a lot of activity to the market. As a Buyer’s Agent specialising in the North Shore Sydney, he says the standard reasons for moving out of a large home into a smaller dwelling still hold true. They include: - Easier to maintain, requiring less time on upkeep leaving more time to enjoy life - Children have moved away leaving behind a partially-empty home - Extra funds for a changing lifestyle with travel and holiday plans  - Moving forward into a new chapter without a large debt load - Health care conditions forcing a move into a more friendly home - Releasing equity tied up in the family home to work harder for them in retirement  With the assistance of Mayfield Property Buyers, downsizing into a smaller, more comfortable home could not be easier. As the go-to Property Buyer for Sydney’s North Shore, Mayfield understands the needs of downsizing seniors, and has a vast network of stock from which they have access to, including privately listed off market properties. No matter how competitive the Sydney property market is, seniors can be sure to get the assistance they need to secure the right home when downsizing for the next chapter of life. Carew says the rules of property buying have changed considerably since many Baby Boomers were last involved in the real estate market. It is for this reason that he says anyone 50+ looking to downsize into a smaller home needs the assistance of a Buyer’s Agent. Mayfield Property Buyers is a dedicated buyer’s advocacy service which is there to help property buyers make the best possible decision specific to their needs. Learn more by visiting https://www.mayfieldproperty.com.au/ About Mayfield Property Buyers: Mayfield Property Buyers are a property buyers agent that serves the needs of investors and home buyers alike. Mayfield takes the stress and confusion away from buying properties. With a dedicated buyers advocacy service, Mayfield helps families and executives alike in making the best property investment decision possible. Contact Mayfield Property Buyers at - John Carew (Director) e: john@mayfieldproperty.com.au w: https://www.mayfieldproperty.com.au/ a: Level 10, 17-19 Bridge St, Sydney, NSW 2000 p: 0410 545 721 My Assignment Services Now Providing Outstanding Marketing Research Proposal 2017-08-10T05:01:52Z my-assignment-services-now-providing-outstanding-marketing-research-proposal A marketing research proposal from My Assignment Services also conveys the derivation of facts which are obligatory to produce scope of writing a research paper. Each of the marketing research proposals is structured in a pattern of theoretical representation. A marketing research proposal is formed with the information about the capabilities of a researcher and a specific area of research which could eventually be for the intended proposal. 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An ideal marketing research proposal delivers an information which is about the practicality of a subject and shows a scope of advancement in the study. A scrutinized information which is related to marketing can also deliver an idea about the scope of marketing. “We are accoutred to provide marketing research proposal with an insight of the subject and thoroughly analyze each step of implementation which are in use,” says the Director. For more information call or whatsapp +61 452660264 or drop an email to help@myassignmentservices.com Australian Customers Prefer Digital-First Approach to Banking Services 2017-08-10T01:00:00Z australian-customers-prefer-digital-first-approach-to-banking-services Sydney, Australia, August 10, 2017 – Australian customers would prefer to resolve their basic banking issues without having to deal with a human being, according to a new survey by market researcher, YouGov. The Avaya-commissioned Customer Experience in Banking 2017 report indicates that Australians’ most-preferred method of contact with their bank would be via the website, while a third, 34 per cent, regularly use mobile banking apps, more than their counterparts in the UK and UAE. The survey covered more than 5,000 banking customers in four countries – Australia, India, the UK, and the UAE. Given the choice of only one channel, 28 per cent of the 1,153 Australians surveyed would prefer access to a complete list of services via their bank’s web site, only speaking to a person if they really have to. Likewise, 19 per cent would prefer to use a mobile app, while eight per cent would choose to access services through the contact center application. More than half, 54 per cent, regularly use online banking, behind only the UK’s 60 per cent, while only 36 per cent usually visit their branch, the joint-lowest with the UK. Unsurprisingly, younger generations of Australians are more likely to use mobile services, with 58 per cent of 18 to 24-year-olds and 53 per cent of 25 to 34-year-olds regularly using mobile apps, compared to just 13 per cent in the 55+ category. Interestingly, 57 per cent in the latter group use online banking, while just 45 per cent of 18-24-year olds do. Still, the YouGov study found that traditional interactions continue to hold a place in the financial services industry. In fact, 22 per cent of Australians prefer to visit branches, a figure led by older respondents, with a third of over-55s selecting that option. While more than half, 51 per cent, of Indian respondents said they regularly visit their branch, the highest of the four countries surveyed, only 13 per cent said they prefer to do so – by far the lowest of the four. “The financial services industry (FSI) has typically led technology adoption and digital services – in part due to available capital, but primarily because a highly-competitive market creates constant pressure to exceed the expectations of demanding consumers,” said Peter Chidiac, Managing Director Australia and New Zealand, Avaya. “Customers see value in more than just rates, meaning banks and other financial organisations must provide an experience that aligns to the daily lives of their consumers. To meet those expectations, they have to optimise traditional transactions while enabling interactions across the latest platforms and introducing innovations such as artificial intelligence (AI).” Regardless of how they choose to contact their bank, the most important issues for Australian customers is that they get the same level of experience and service, and that their problem is resolved on the first point of contact. The most common customer complaint is being kept waiting for a long time on the phone, cited by 21 per cent. This may explain why less than a quarter, 23 per cent, of Australian respondents regularly call a contact center. “Consumers are looking for fast resolutions, and within reason, hope for an answer within the first point of contact,” said Chidiac. “The problem is that some contact centre agents in financial institutions aren’t prepared to deal with a wide range of enquiries, especially in omni-channel environments. Contact centre agents need to be equipped to deal with enquiries no matter which platform the consumer is using to make contact, and importantly, the interaction must be able to shift across platforms without forcing the consumer to explain their issue repeatedly.” To learn about how Avaya is digitally transforming financial services, check out this short video or browse this resource guide. About Avaya Avaya enables the mission critical, real-time communication applications of the world’s most important operations. As the global leader in delivering superior communications experiences, Avaya provides the most complete portfolio of software and services for contact center and unified communications with integrated, secure networking— offered on premises, in the cloud, or a hybrid. Today’s digital world requires some form of communications enablement, and no other company is better positioned to do this than Avaya. For more information, please visit www.avaya.com. Certain statements contained in this press release may be forward-looking statements. These statements may be identified by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "should" or "will" or other similar terminology. We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these are reasonable, such forward looking statements involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors may cause our actual results to differ materially from any future results expressed or implied by these forward-looking statements. For a list and description of such risks and uncertainties, please refer to Avaya's filings with the SEC that are available at www.sec.gov. Avaya disclaims any intention or obligation to update or revise any forward-looking statements. All trademarks identified by ®, TM, or SM are registered marks, trademarks, and service marks, respectively, of Avaya Inc. All other trademarks are the property of their respective owners ### ASR Wealth Advisers Continues Its Expansion 2017-08-10T00:14:22Z asr-wealth-advisers-continues-its-expansion ASR Wealth Advisers is continuing its expansion as it bolsters its team of investment analysts and advisers. Its most recent senior hire, Tim Montague-Jones, has been appointed Head of Equity Research. In his role, Montague-Jones will be in charge of spearheading the ASR Wealth Advisers Analyst Team in providing clients and traders with valuable insights into the latest market news and macroeconomic trends. His appointment is in line with the company’s commitment to providing the most expert analysis to the investment community. Montague-Jones brings over 20 years of Investment Management experience working in the financial markets. His previous experience includes a 10-year stint at Morningstar as a Senior Equity Analyst and Portfolio Manager founding the Morningstar Growth Portfolio and a founding member of their Investment Committee. More recently, Tim served as a Senior Equity Analyst at Macquarie Group and a member of the winning team to obtain 2016 LONSEC Fund Manager of the Year award. Commenting on the appointment, ASR Wealth Advisers CEO, Anthony D’Paul said: “Tim is an exceptional addition to the Analyst Team and we will benefit from his wealth of experience in research as well as leadership qualities,” “He has been at the forefront of Research powerhouse Morningstar’s operations and will be instrumental, as we continue to grow and expand our research offering.” ******** About ASR Wealth Advisers ASR Wealth Advisers is an Australian provider of investment advice and dealing services to corporate, sophisticated, professional and private clients. ASR Wealth Advisers provides timely guidance for investments across the corporate, wholesale and retail financial markets. Our approach allows our clients the freedom to participate in a wide range of financial products. http://www.asrw.com.au/ New advanced automation options for AxiTrader clients 2017-08-09T22:30:38Z new-advanced-automation-options-for-axitrader-clients Global Forex broker AxiTrader has announced that the leading trade management tool, Mirror Trader, is now available to its clients free of charge.  Developed by the financial technology company Tradency, Mirror Trader allows a user to follow and copy the trades of professional traders. The automated trading software is designed to continuously analyse currency markets and automatically execute trades based on a user’s specific criteria. Unlike some basic trade management tools, Mirror Trader comes with as many as 3,000 predefined and proven trading strategies, based on complex algorithms designed by experienced traders. Retail traders can manually browse and filter these strategies, view their past performance and select only those they want to follow. “One of the things that attracted us to Mirror Trader is its versatility," says Louis Cooper, AxiTrader's Global Head of Retail Services. “It’s not about finding a single winning strategy, it’s about giving traders evidence based options and the power to orchestrate a collection of strategies suited to their trading style and end goals.” As the popularity of online trading has grown in recent years the number of developers offering trading software has grown alongside it, requiring a strong risk based approach from businesses towards the use of third party technology. “As an established global brand, trust in the technology we use is absolutely essential," says Cooper. “We’re regularly approached by developers seeking to promote trading software they have built, but we’re very discerning about who we choose to work with and are very thorough in our risk assessments and testing. We’ll only partner with a third party product if we're confident the platform does what it claims, satisfies regulatory and risk management requirements and has the potential to give our clients an advantage in the markets.” “Mirror Trader definitely has that real value, whether it’s for beginners using it to get an insight into how top traders think and work, or for pros using it as a source of extra reference and reinforcement. Traders can see for themselves how strategies have performed and can use that to manage their own levels of risk.” The program will be available to AxiTrader clients as a complimentary service, although minimum monthly trading volumes may apply. “This is not the kind of service that’s typically made available to all traders as it’s viewed as quite an advanced trade management tool. However, we think Mirror Trader has the potential to be advantageous to traders across the spectrum, so we're delighted to make the tool available to any clients who want to try it," says Cooper. “By giving our clients access to the best tools, hopefully, we can help them become better and more successful traders.”  ******* About AxiTrader Founded in 2007, AxiTrader has grown to become a leader in global online FX, CFD and Commodity trading with clients in more than 150 countries. It is a fully licensed and regulated broker, with FCA (Financial Conduct Authority) and ASIC (Australian Securities and Investments Commission) approval.   5 benefits of online property settlement for Victorian lawyers 2017-08-09T05:49:52Z 5-benefits-of-online-property-settlement-for-victorian-lawyers Land Use Victoria has announced critical changes for lawyers who have to date only lodged documents using the paper channel. Commercial mortgages and refinance transactions must be lodged electronically from 1 August 2017 (applies to ADIs* and conveyancers and lawyers acting for ADIs). A few months later on 1 December digital lodgement applies for caveats and other mortgage matters undertaken by conveyancers and lawyers acting for non-ADIs. Property Exchange Australia (PEXA) has to date registered 4,392 lawyers and conveyancers Australia-wide so that they can settle and lodge instruments online well before this upcoming deadline. Free PEXA service to help you make the move online Many law firms are already taking advantage of a free PEXA service that’s the business equivalent of a personal trainer. PEXA experts visit law firms and help guide them to future-proof their businesses by going online. Spearheading the push to take conveyancing into the 21st Century, 125 lenders and relevant state land registries are also on-board. The value of property that’s moved online is now $59 billion and growing.  5 compelling benefits when transacting property matters online: 1. Many SRO duties forms have been consolidated into one form and moved online from 1 July, meaning completing the duty forms for some transactions can now be performed online. 2. Vendors can receive cleared funds into their own accounts following a PEXA settlement - often on the same day. Some vendors are banking their property sale money in as little as 10 minutes (depending on who they bank with). It’s very helpful to promptly access monies if the vendor is looking to buy other property shortly after the sale. 3. The Transfer of Land is lodged with the land registry as part of the settlement process, making it possible for the purchaser to be registered on title within minutes. This is particularly handy if the new owner needs to apply for permits soon after settlement. 4. All parties involved in the final transaction (vendor, purchaser, incoming mortgagee, discharging mortgagee) can communicate in the shared PEXA Workspace reducing the amount of time spent on the phone and travelling to a physical settlement location. 5. Many firms are finding they can close their file on settlement day as there is no need to attend to payment of stamp duty, registration of land registry instruments and payments to third parties by cheque. Victorian lawyers and conveyancers who want free help to transition their business to be digital-ready before e-Conveyancing becomes the new standard for property exchange can contact heather.crichton@pexa.com.au * Authorised deposit taking institutions PEXA is transforming the way property is transacted. These historic changes are on par with the introduction of the Australian Stock Exchange (ASX), EFTPOS and online banking. Similarly, PEXA is bringing an online exchange for financial institutions, lawyers, conveyancers and land registries to complete property settlements. Funds settle through the Reserve Bank of Australia. Big Switch joins the HPE Open Networking ecosystem 2017-08-09T00:00:00Z big-switch-joins-the-hpe-open-networking-ecosystem Melbourne, Australia – August 9, 2017 – Big Switch Networks, The Next-Generation Data Centre Networking Company, today announced it has joined the HPE Open Networking ecosystem. As Big Switch Networks continues to see a global increase in interest and adoption of open networking solutions from web-scale organisations, service providers, enterprise data centres and government agencies, this expands the reach of its software offerings for the open networking community. With the offering, customers will gain the advantage of dramatically simplified network management and better visibility of networking flows and Big Switch’s highly differentiated networking software. “We continue to see customers vote for choice, as witnessed by the rise in demand for open networking solutions. We’re pleased to extend our open networking ecosystem with HPE,” said Susheel Chitre, VP of Business Development, Big Switch Networks. “HPE and Big Switch will provide customers with the best solutions for their specific needs, including SDN-based data centre fabric optimised for VMware workloads, scalable, high performance OpenStack NFV deployments, next-generation out-of-band network monitoring, and a scalable SDN service-chaining fabric for DMZ security.” HPE will resell Big Monitoring Fabric™ (Big Mon) and Big Cloud Fabric™ (BCF) with its Altoline Open Networking switching solutions. Big Switch products will provide HPE Altoline data centre networking offering with automated and easy-to-deploy network switching, monitoring and security solutions. Additionally, this expands the appeal of the Altoline solutions to new customers in the network visibility and security markets via Big Switch’s network packet broker (NPB) products. Big Switch’s fabric-based solutions offer a better alternative to the status quo of a manual, switch-by-switch approach to networking. “With the addition of Big Switch to our portfolio, customers gain access to easy-to-use, easy-to-deploy solutions for network management, visibility and security,” said Philippe Michelet, Senior Director of Product Line Management, Data Center Networking, HPE. “This cooperation shows our commitment to provide our customers with innovative open networking solutions that address their network agility and scalability challenges.” Big Monitoring Fabric Big Monitoring Fabric is an network packet broker (NPB) that leverages software-defined networking (SDN) principles, Altoline Open Networking switches and a high-performance x86-based DPDK service node to provide feature-rich, scale-out data centre monitoring at up to 50 per cent lower cost than traditional NPBs. By combining the functions of traditional NPBs with the intelligence, agility and flexibility of an SDN controller-based architecture, Big Mon provides customers with pervasive visibility in all physical and virtual (VM, container, cloud) workloads for security, performance management and compliance tools. Customer use cases for Big Monitoring Fabric include: monitor every rack, monitor every location, monitor mobile/LTE networks and DMZ/Extranet Inline security. With Big Mon, end-users can experience the benefits of single pane of glass management, zero-touch scale-out, and built-in analytics to simplify operations and troubleshooting. Big Mon also supports multi-tenancy for different IT teams, such as NetOps, DevOps, and SecOps to share the visibility and security fabric, with overlapping, yet segmented access to network flows and tools. Big Monitoring Fabric supports 1G, 10G, 40G and 100G for the most demanding and high volume network monitoring and security environments. Benefits of Big Mon include: Deploy faster Auto-discovery and configuration of Big Mon nodes Tools can receive traffic from anywhere in the network, regardless of physical location Delivery policies are programmed from a single interface Operate faster Real time visibility and analytics for quick troubleshooting REST APIs for tool and workflow integration and automation (event triggered monitoring, alerts, and tool interactions) Attack mitigation at terabit scale — automated or user-driven Scale and innovate faster Zero-touch scale out Changes to traffic delivery policies can be made without any physical reconfiguration of the visibility architecture Add inline tools without impacting network operation Reprogram policies in real time based on newly discovered threats Centralised tooling for significant L4-10 appliance license savings Intelligent traffic routing allows for intelligent flows, reduced appliance capacity requirements, lower license fees Immediate ROI with tool consolidation Big Cloud Fabric Big Cloud Fabric incorporates design principles that hyperscale organisations like Google and Facebook pioneered, implementing a logical, scale-out switch architecture that leverages intent-based principles to deliver agile and flexible data centre switching based on SDN controls, HPE Altoline Open Networking switches and fabric design. By deploying a disaggregated third party software/industry-standard switch hardware model, end-users can experience up to 50 per cent TCO savings over legacy networks. BCF delivers zero-touch operations, network automation and deep visibility for software-defined data centres (SDDC) and cloud-native applications. BCF supports both physical and virtual (multi-hypervisor) workloads and choice of orchestration software. It provides L2 switching, L3 routing, and L4-7 service insertion and chaining while ensuring high bisectional bandwidth. The scalable fabric is fully resilient with no single point of failure and supports headless mode operations. The solution has built-in integration for VMware Software-Defined Data Centers (SDDC), OpenStack clouds and container environments. BCF can be deployed in existing data centres as a new pod without disruption to traditional networks. Big Cloud Fabric benefits: Simplicity: zero-touch fabric and single-point of management Agility: network automation with vSphere and OpenStack integration, REST APIs for optional NetOps/DevOps automation Visibility and troubleshooting: built-in analytics with historical replay, leaf-spine-leaf fabric tracing for rapid troubleshooting, end-point visibility at VM-level Economics: dramatic reduction in OpEx and CapEx Innovation velocity: faster time to service enablement as well as rapid (hitless) software upgrade enables rapid consumption of new features Big Cloud Fabric supports 10G and 40G for the most demanding and high volume network monitoring and security environments. Support for Altoline Open Networking hardware The HPE Altoline is a family of disaggregated networking switches designed to accelerate the adoption of open networking in cloud data centres. Altoline offerings span the full spectrum of networking speeds – from 10, 100, or 1000BASE-T to 10GbE, 25GbE, 40GbE, 50GbE, or 100GbE. Big Monitoring Fabric and Big Cloud Fabric will support the following Altoline switches at general availability: Altoline 6960: 25/100GbE spine/leaf top-of-rack (ToR) switch – Tomahawk, 32 x 100GbE QSFP28 ports supporting 10GbE, 25GbE, 40GbE, 50GbE, or 100GbE The Altoline 6960 switch series provides an open network platform for high-performance spine/leaf deployments. Dig deeper into the hardware to see how you will benefit from: High performance: ToR 1U 100GbE switch High scalability: 32 x 25GbE, 50GbE, or 100GbE QSFP28 ports (alternatively, 128 x 10GbE or 25GbE ports) Flexibility: Deploying as 40GbE, 50GbE, or 100GbE spine, or ToR with 10GbE or 25GbE to servers and 40GbE, 50GbE, or 100GbE uplinks Easy network virtualisation and cloud: VXLAN support, especially with Trident ii+ ASIC Higher reliability: Redundant fans and power supplies for data centre deployment Altoline 6941: 10/40GbE spine/leaf ToR switch—Trident II+, 32 x 40GbE ports supporting up to 128 10GbE ports using breakout cables Altoline 6921: 10GbE leaf ToR switch— Trident II+, 48 x 10GbE SFP+ ports+6 x 40GbE QSFP+ uplink ports Big Switch’s Big Cloud Fabric and Big Monitoring Fabric are generally available to purchase today from HPE. Supporting materials Solution Brief: HPE Altoline Switch Series Partner Page: http://www.bigswitch.com/partners/hpe Explainer Video: Big Cloud Fabric Explainer Video: Big Monitoring Fabric Explainer Video: Big Monitoring Fabric Inline Gartner Report: Magic Quadrant for Data Center Networking Gartner Peer Insights: Data Center Networking / Big Switch Networks TechValidate: Check out what Big Switch customers are saying Data Sheet: Big Cloud Fabric Data Sheet: Big Monitoring Fabric About Big Switch Networks Big Switch Networks is the Next-Generation Data Centre Networking Company. We disrupt the status quo of networking by designing intelligent, automated and flexible networks for our customers around the world. We do so by leveraging the principles of software-defined networking (SDN), coupled with a choice of industry-standard hardware. Big Switch Networks has two solutions: Big Monitoring Fabric, a Next-Generation Network Packet Broker, which enables pervasive security and monitoring of data centre and cloud traffic for inline or out-of-band deployments and Big Cloud Fabric, the industry's first Next-Generation switching fabric that allows for choice of switching hardware for OpenStack, VMware, Container and Big Data use cases. Big Switch Networks is headquartered in Santa Clara, CA, with offices located in Tokyo, Melbourne, London and Istanbul. For additional information, email info@bigswitch.com, follow @bigswitch, or visit www.bigswitch.com. Big Switch Networks, Big Cloud Fabric, Big Monitoring Fabric, BigSecure, Big Chain, Switch Light OS, and Switch Light VX are trademarks or registered trademarks of Big Switch Networks, Inc. All other trademarks, service marks, registered marks, or registered service marks are the property of their respective owners. Media contacts Espresso Communications for Big Switch Networks Amy Rathbone/India Bednall bigswitch@espressocomms.com.au +61 2 8016 2200 DIMENSION DATA UNVEILS DIGITAL ENTERPRISE CAPABILITY MATURITY MODEL TO HELP BUSINESSES NAVIGATE THE ‘EXPONENTIAL DIGITAL SOCIAL WORLD’ 2017-08-07T23:57:10Z dimension-data-unveils-digital-enterprise-capability-maturity-model-to-help-businesses-navigate-the-exponential-digital-social-world Sydney, Australia – 8 August 2017 – Dimension Data, the USD 7.4 billion global ICT solutions and services provider, has launched a first-of-its-kind model to enable businesses to assess their digital enterprise capability and create an effective roadmap for its digital transformation. Contained within a new e-book providing executive guidance, titled The Exponential Digital Social World and authored by Dimension Data Australia Chief Technology Officer, Debra Bordignon, the Dimension Data Digital Enterprise Capability Maturity Model guides organisations on how to audit and assess their current digital capabilities, define their target state, conduct benchmarking, and map a clear pathway of transition for their business and stakeholders. The framework can also be used to construct digital balance sheet reporting. Ms Bordignon said leaders across all industries lack tools and models for a cohesive strategy and execution, and so approaches are often piecemeal, falling short of what is required to flourish in the digital social era. For organisations with an analogue heritage, Ms Bordignon said it is critical to master the shifts in stakeholder expectations, generational changes, business models and advancing technology. “IT leaders are scrambling to understand which strategic assets and capabilities they need to bridge analogue and digital worlds. They want to know how to take the culture and business models associated with dynamic start-ups and bring them into mature enterprises,” said Ms Bordignon. “Naturally, organisations want to protect their existing assets, but as the drivers of value change, they need to re-evaluate portfolios against a 21st century digital balance sheet.” The Dimension Data digital balance sheet is based on analysis of the transformation projects carried out by the company’s S&P500 clients, the Government sector, education, not-for-profit and public health sectors. The balance sheet represents seven top level strategic capabilities driving business value – stakeholder experience, information value, portfolio development, smarter processes, business models, people and culture, and technology fabric. Across each capability, Dimension Data proposes five maturity levels which extend the balance sheet into the digital enterprise capability maturity model. Dimension Data has been actively applying this model with its clients with promising results. For Ms Bordignon, the first step towards a successful digital transformation is making organisations ‘platformed’ for success – ensuring they are ready to connect their people, machines and data to successfully leverage the technological shifts that are re-shaping business, government and society, and playing out in our homes, schools, hospitals, cars, shopping centres and factories. “Our lives at work, at home, and socially are forever changed by the ubiquitous digital atmosphere,” said Ms Bordignon. “A successful digital transformation agenda reflects this understanding and pushes the business to look to the ‘beyond’ horizon of innovation. “To achieve this, organisations must focus on four groups of technologies we believe are nearing exponential breakthroughs and will be the most impactful in the next five years – artificial intelligence and robotics; virtual and augmented reality, and the human/machine interface; nanotechnology and 3D/4D printing; and cybersecurity and blockchain.” Click here to download Dimension Data’s The Exponential Digital Social World e-Book. -ENDS- Twitter: @dimensiondata LinkedIn: Dimension Data www.dimensiondata.com/digitalworkplacereport About Dimension Data Dimension Data believes technology helps organisations achieve great things. As a member of the NTT Group, we accelerate our clients’ ambitions through digital infrastructure, hybrid cloud, digital workplace, and cybersecurity. With a turnover of USD 7.4 billion, offices in more than 50 countries, and more than 30,000 employees, we deliver wherever our clients are at every stage of their technology journeys. We’re proud to be the Official Technology Partner of Amaury Sport Organisation, which organises the Tour de France, and the title partner of the cycling team, Team Dimension Data for Qhubeka. Visit us at http://www.dimensiondata.com. NAB mortgages go hi-tech with digital era reform 2017-08-07T03:26:40Z nab-mortgages-go-hi-tech-with-digital-era-reform Anyone who has ever bought or sold a home knows that finalising a property transaction can be stressful. NAB is making things easier for its customers, as Gary Howard, General Manager of Redstar Customer Lending Operations, explains here. Q. From 1 August 2017 all mortgage refinances are required to be completed online. Is NAB geared up for the digital mortgage era? We know our customers want to do things more easily, simply, and conveniently, and enabling digital solutions is absolutely key to this. NAB has been an advocate and driver of change in the e-Conveyancing industry for years. Since settling our first PEXA transaction, we have mobilised NAB projects to support readiness for key industry mandates such as this. This work has resulted in a significant proportion of transactions already being completed via PEXA. Q. We’ve had EFTPOS and internet banking since the 1990s, how complex is it to digitise mortgages? Digital allows for a wide range of opportunities. Certainly there are a number of layers and legacy systems and processes within the mortgages process, and many of these processes are geared towards paper. To digitise the entire mortgage process, end-to-end, we need to think differently and look for opportunities to innovate… and we are. PEXA is a great example of what is possible and how we can progress towards delivering a better customer experience by going digital. Q. The push to digitise property transactions has come about as a result of a COAG directive to bring property transactions into the 21st Century, why do electronic transactions matter for NAB? Electronic transactions have a number of benefits for NAB - most importantly, it gives us greater flexibility to deliver outcomes quickly for our customers. It also results in less duplication and cost. Leveraging technology will give our people the opportunity to focus on more personalised service, and for our customers it means increased security and real time access to funds. Q. How long does it take to refinance a property using the paper channel compared with the new online standard? Historically, settlement and registration were reliant on manual processes. With a PEXA settlement, the registration and funds disbursement can be completed instantly. It means customers may not have to wait weeks for their name to be on the title, rather a mortgage could be registered in minutes. Q. More than half of bank refinances are now completed through PEXA. What change will customers see when all property transactions go online, with regulations now stipulating this in the near future? Customers will have better visibility of where things are up to at each stage of the process which gives them more certainty. They will also benefit from the convenience of real time access to their funds. Q. What are the main customer benefits that flow from digital transactions? Why do they matter? It’s quicker, customers will benefit from real time access to settlement proceeds, and the PEXA system is more secure than the paper process. It’s integrated with the Titles offices so there is less chance of settlement delays due to errors in documentation. Q. NAB is investing in laboratories to future-proof its operations. How does teaming with a digital disrupter like PEXA fit with your overall innovation strategy? NAB is committed to providing a customer experience that is easy, personal and supportive. We know our customers and their needs are changing, and so we need to change the way we engage with them. We’re focused on delivering digital solutions that are driven by customer needs, but that doesn’t mean everything is going to be digitised, particularly where relationships and human advice counts. PEXA represents an excellent opportunity to complete settlements in a faster more efficient way and give customers a better experience. Q. Can you share any insights on what happens behind the scenes now that mortgage transactions are moving online? The introduction of PEXA has introduced a new collaborative approach within the industry, with a common goal of improving the customer experience and delivering the best outcome possible. Collaboration, internally and externally, is the key to driving sustainable improvements across the industry in the interests of all customers. Q. Do you expect digital mortgages to result in happier customers and to even shift the needle on your customer engagement scores? A property settlement can be a stressful experience, and NAB’s aim is to make things as easy as possible for our customers. PEXA removes manual processes so customers can have peace of mind that there is less risk of delays. It means things will be easier and quicker. Q. Spearheading the push to improve the final stage of transacting property, 125 lenders and 4,390+ lawyers and conveyancers have now joined PEXA’s national e-Conveyancing network. What advice do you have for those yet to join the network? The digital age is here and the property industry is moving towards 100% digital settlements. Within a few years, we expect the majority of transactions will be performed electronically, so I encourage more people to join up to increase process efficiency and customer satisfaction. For more information about becoming PEXA-ready or subscribing to the network please contact Marielle Yeoh, Chief Financial Services Officer, PEXA: Marielle.Yeoh@pexa.com.au The Interest Rate and You 2017-08-07T00:07:47Z the-interest-rate-and-you The recent decision (1/8/2017) by the RBA to hold interest rates at 1.5% is good news for some, especially home owners and potential buyers. When you are paying a mortgage it’s of great comfort to know that you can continue paying the same monthly amount, or if you have been paying the mortgage off at a higher amount to get ahead. Particularly with such low interest rates. If you’re a millennial ask your grandparents what their mortgage interest rate was in around the 1980’s. Yes, it was 18%! What Does It All Mean? If you’re like the majority, the only aspect of an RBA announcement is whether the rate will go up, stay steady, or go down. Not many people really understand the many factors involved in the setting of a country’s interest rate. Then again, some banks make their own rules and don’t follow the RBA’s guide and raise the rates anyway. Why? Well, at 1.5%, they aren’t making a lot of profit on buying and selling on the money market. Here’s a quick look at the many inputs from our own and global economies that determined why the RBA held rates at the current level. Wages – remained steady and inflation is subdued. The Labour Market – some growth expected. There are jobs out there for those looking. A healthy outlook. Oil Prices – remain at a low price and expected to stay that way. USA Interest rates – expected to rise. Australia’s Inflation Rate – expected to stay at about 3%. Mining Investment – a decrease expected. Residential Construction – High at the moment, but expected to ease. AUD to USD – the Aussie dollar has increased against the US dollar. A higher exchange rate tends to suppress economic activity. Housing Prices – still rising in some areas but declining in others. Rent – low increases only recorded in all states. As you can see, mitigating factors involving every aspect of the economy are taken into consideration. If there are big variations or changes in any of the above, the RBA has the responsibility to steady the ship, and avoid panic. If you are questioning how the cash rate decision and the ongoing rate changes by Australia's lenders may impact you, give us a call today on 02 9653 9333, email: scottpartridge@mortgagechoice.com.au or book an appointment online here Melbourne to host Victoria’s first SMSF Expo 2017-08-06T21:57:36Z melbourne-to-host-victoria-s-first-smsf-expo Melbourne will host Victoria’s first Self-Managed Super Fund Expo focused on a “one-stop shop” where superannuation service providers will meet SMSF trustees, new clients considering setting up an SMSF and industry professionals. The SMSF Expo is supported by the SMSF Association, Australia’s leading independent, professional body representing Australia’s self-managed super fund sector. The Expo will run from Friday 27 to Sunday 29 April 2018 at the Melbourne Exhibition Centre.   SMSF Association CEO John Maroney says: “The SMSF Expo is an exciting concept, especially with evidence showing more people will opt for an SMSF as their superannuation vehicle of choice in the coming years.   “It’s critical that people with an SMSF or considering setting up a fund explore the market fully and engage with product and service providers that best suit their needs. The SMSF Expo is the ideal setting for this to happen.   “Our research shows that trustees are thirsty for information. A recent trustee survey about what they wanted from the Association found that the top two priority areas were education and information on SMSF structure and compliance, followed by access to different asset classes and SMSF service providers.   “Having more than 14 years’ experience of providing quality education and information to the SMSF sector, the opportunity for the Association to be involved in an SMSF Expo catering for a trustee audience is invaluable.”   The event is organised by Exhibitions and Events Australia, the nation’s largest exhibition organiser of consumer events, renowned for its innovative, exciting shows and for delivering stakeholders a high return on investment.   “Exhibitions provide a unique opportunity for businesses to display product, present what is new and different, develop contacts, foster business relationships and sell services to a targeted audience of buyers. “Therefore, the SMSF Expo is the ideal vehicle to showcase and grow the self-managed superannuation fund industry” says Jane Ford, Managing Director of Exhibitions and Events Australia. With 100 exhibitors, workshops and seminars, the Expo will feature products and services from leading Fund Managers, Financial Planners, Administrators, Auditors, Legal & Estate Planners, Investments, Associations, Statutory Authorities, Accountants, Banking and Finance and Insurance. Tailored for the consumer and the trade, visitors will find everything they need to make informed decisions and keep up to date with the SMSF sector.       Diary Note SMSF Expo selfmanagedsupershow.com.au Friday 27 - Sunday 29 April 2018 Melbourne Exhibition Centre - ends - Whitepaper Highlights Risks of Passive Investments 2017-08-04T00:42:23Z whitepaper-highlights-risks-of-passive-investments Melbourne, Friday 4th August, 2017: There has been a significant move towards Exchange Traded Funds (ETFs) as investors have switched en-mass to passive style investments, often at the expense of active investment. This may supercharge potential future drawdowns.   ETFs are index funds listed on the exchange that replicate a nominated benchmark or index. Proponents of ETFs espouse the attractiveness of lower fees for exposure to equity markets/sectors/thematic investing as an alternative to active management via the traditional path of a managed fund. The risks of passive investments are discussed in the recently released Whitepaper “The Rise of Passive Investing: Fee Saving or Increasing Risk?” Published by Providence Independent Investment Advisory, the Whitepaper asserts the view that while ETFs can play a role in portfolios as a low-cost beta allocation, investors should be mindful of how ETFs will perform in a falling market. The Whitepaper author, James Smith (Head of Melbourne and Senior Investment Adviser at Providence) stated “The perennial argument of whether active managers can outperform the index usually reappears towards the top of investment cycles. This is a result of active managers underperforming their relevant benchmarks when markets are driven by momentum and also the fear of missing out on a rising market. We are once again at this juncture and hence this Whitepaper is a timely discussion of the attraction and risks of ETFs”.  “With careful due diligence and a focus on what part of the cycle we are entering, we believe investment advisors can identify those active fund managers that will outperform an index, particularly during a sharp market correction.” The Whitepaper is available at http://www.providencewealth.com.au/providence-whitepaper-rise-passive-investing-fee-saving-increasing-risk/. Currently in its 16th year of operation, and with a 185% growth of Funds Under Management (FUM) over the past 5 years, Providence has $1bn of funds under management on behalf of Australian individuals, families and not-for-profit organisations from its Sydney and Melbourne offices. -ENDS- Note to the editor: James Smith, Head of Melbourne, Providence, is available for comment. About Providence: Providence was established in 2000 as an independent advisory firm providing independent, expert advice and investment strategies to high net worth individuals, families and not-for-profit organisations. For more information, please visit www.providencewealth.com.au