IRESS today announced that it has launched an ebMS messaging service that provides superannuation funds with a verified integration pathway to send non-financial data directly to the Australian Tax Office (ATO).
In response to the ATO moving from periodic reporting requirements to near real-time reporting of superannuation events and transactions, the IRESS ebMS messaging service supports ATO message flows to enable super funds to meet the following reporting and compliance obligations: Member Account Attribution Service (MAAS), the Member Accounts Transaction Service (MATS), SuperTICK (STIC) and Supermatch (SMAT).
Provided as a managed service, IRESS’ ebMS provides a cost effective, compliant, resilient and robust messaging solution that eliminates the need to use multiple system interfaces. The messaging service can be used across funds and different registry systems.
IRESS’ General Manager of Superannuation, Jeff Hall said: “Our goal is to provide solutions that streamline our clients’ operations, enabling them to focus on delivering value to members. The expansion of superannuation reporting obligations led us to consider what technology and automation answers could be delivered to eliminate and improve on current operations.
“By introducing the IRESS ebMS messaging service with native integration on Acurity, we can improve quality and timeliness of super fund reporting to the ATO, reducing risk and improving efficiency.”
Cathryn van der Walt
+61 (0)402 327 633
IRESS Limited reports 2018 half year results - top line growth, positive operating leverage, deliver +13% Segment Profit on pcp.
Our new initiative, IRESS Labs, means more users will be able to input directly into the design and development process and use future functionality in advance of general release.
Xinja, first to use IRESS' Mortgage Sales and Origination (MSO) home loan platform in Australian market.
Integrating data analytics solution Lumen with XPLAN means licensees can more quickly and easily identify actual and potential scenarios where advice standards are not being complied with.
Leading Papua New Guinea (PNG) financial institution Kina has expanded its implementation of IRESS’ Acurity Online, a new member and employer online facility, for more than 700,000 members.
Statewide Super and IRESS have partnered to complete the implementation of its Acurity superannuation administration platform which has seen a large number of members access their super information online.
IRESS Limited announced statutory net profit for the 12 months to 31 December 2017 of $59.8 million, up 1% over the prior year.
IRESS XPLAN now integrates with SuiteBox. Advisers who use XPLAN can meet and transact with clients virtually through leading digital workspace SuiteBox.
IRESS has today announced it is enhancing its training offer to include CPD point accreditation, as well as a new program of structured learning pathways.
Australian technology leaders, IRESS and Lucsan, today announced a partnership that will accelerate the application of RegTech in the financial services landscape.
New benefits for advisers using XPLAN’s Financial Knowledge Centre have been added in the latest version of XPLAN, including the ability to initiate distribution of content directly from XPLAN and an audit trail for fee disclosure statements.
IRESS’ Acurity has expanded superannuation funds’ ability to provide members with a comprehensive and personalised online superannuation experience, improving self-service and efficiency for members, and providing scale and reduced cost for funds.