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ASIC gets Objective Print E-mail
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Monday, 14 April 2008

THE Australian Securities and Investment Commission is set to roll out a new enterprise content management system to bolster its role as the key financial services industry regulator.

Over the next three years, ASIC will implement Objective's 7 ECM system at a "minimum cost" of $3.5 million, the software vendor said.

Both parties will work together to implement the platform, with Objective providing integrated support for the duration of the contract, the company told the Australian Securities Exchange this morning.

In its recent half year results ending December 31, Objective reported a profit of $300,000, a massive turnaround from the $1.9 million loss it recorded in the corresponding period the previous year.
 
Author: Mahesh Sharma  
Source: http://www.australianit.news.com.au/story/0,24897,23535619-16123,00.html
 
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Last Updated ( Sunday, 05 October 2008 )
 
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