Client Case Study 1

 

CLIENT: Small to medium sized corporate member ("Broker") of the Australian Stock Exchange ("ASX").

 

INITIAL BRIEF:
  • Assist with the management buyout of offshore equity interests in Broker;
  • Disengage related administrative/financial control services to date provided by local associates of exiting shareholder;
  • Secure and electronically archive historical records;
  • Install and resourse in-house GL; and
  • Facilitate electronic interface between Broker's trading system and GL to enable efficient and timely daily management reports (and meet ASX Business Rules risk measurement requirements).

 

SUBSEQUENT BRIEFS:
  • Transition ASIC & Tax reporting from March year end to June year end with a one-off 15 month period;
  • Change Auditors (prior to period end and AGM);
  • Capital reduction;
  • Existing shareholding restructure; and
  • Move from Equity Clearing to Equity Participant Member

 

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