CYBER SECURITY

-
Cyber security is a key focus at NZ Funds. While it is impossible for anyone to say they are 100% secure, we have more than 30 years of experience in building and maintaining adviser information technology systems. We believe our extensive in-house experience is market-leading. We base this statement on our four pillars approach to cyber security - Our Team, Our Partners, Our Processes and Our Ability to Respond:

Our Team – Unlike some providers in the market, we have a large in-house IT team. We have nine senior staff, who collectively have over 50 years’ experience at NZ Funds and 130 years’ experience in IT. This team has established a strong long-term track record in information technology systems.

Our Partners – We complement our in-house team capability with market-leading operators from specialist areas. We currently have seven business partners – including Plan B, OneNet, Theta, The Instillery, Fusion5, FujiXerox, and importantly at this time, InPhySec, security specialists led by former directors of the New Zealand Government Communications Security Bureau.

Our Processes – We have established strict policies for acceptance testing of all software released on NZ Funds’ platform. This includes a cyber security penetration test by third party specialists, which involves simulating the actions of a hacker. Over the years we have leveraged the expertise of Ernst Young, PwC, BlackBerry and more recently Lateral Security.

Our Ability to Respond – Response is a key component of cyber security. With our experienced team, the budget to partner with specialists, and a 30-year track record, we are confident in our ability to respond quickly and comprehensively.

If you'd like to learn more about NZ Funds’ IT systems and processes, please contact Damon Murfitt (Chief Technology Officer) or Jason Dickinson (Head of Wealth Technology) and they will answer any questions you might have.

***

NZ Funds' IT department contacts
Damon Murfitt
Chief Technology Officer
damon.murfitt@nzfunds.co.nz
T. +64 9 918 9788		 Jason Dickinson
Head of Wealth Technology
jason.dickinson@nzfunds.co.nz
T. +64 9 918 9780

***

Popular posts from this blog

COP26 - what does it mean for your finances?

-
Image
I wonder where we would be without acronyms; probably using more ink but perhaps better informed. The acronym of the moment has been, of course, COP26 – the trendy acronym for the United Nations (UN) climate change conference, recently held in Glasgow. It was the 26th annual UN 'Conference of Parties' which began in Berlin in 1995. In simple terms. the purpose of the series of conferences has been to collectively agree on the actions required to limit the impact of climate change. Cynics have suggested that the empty promises resulting from past conferences have exacerbated, rather than reduced, the 'hot air' problem. However, in the wake of the global and existential threat that is COVID-19, the global community is awakening to the reality that a collective response is the only way to deal with a truly global threat. Retreating to 'your corner' when you live on a sphere doesn't really work! The Glasgow conference set a number of objectives, but it i...
Read more

Investment Insight | Monthly Review | November 2021

-
Image
Investment performance update During the financial market rebound, NZ Funds acquired several positions which we expected to benefit from the world returning to normal. As the market rebounded these paid off and generated above index returns for the year ended 31 December 2020. Gains continued into 2021 with one of the strongest starts to the year NZ Funds has seen. However, from 1 April onwards positions became more volatile. This volatility led to most Portfolios giving up their gains from earlier in the year. While we have retained the capital gain over the index for 2020, to align the Portfolios more closely to their benchmark for the remainder of 2021, and for 2022, we have substantially reduced risk, acknowledging the current uncertainty around interest rates and Omicron. We remain strongly of the view that a well-diversified portfolio, which contains assets which profit from rising inflation and interest rates, will be more resilient throu...
Read more

Investment Insight | Backing BIRD to fly

-
Image
"At NZ Funds, we’re constantly looking for innovative companies to invest in, particularly at the IPO (Initial Public Offering) stage. Investing at the 'ground floor' level gives our clients the greatest chance of benefiting from long-term growth in company share prices. It’s rare to be presented with the opportunity to back a new NASDAQ listing that also has strong New Zealand connections. This is one of the reasons we were delighted to make a successful bid for shares in Allbirds (NASDAQ: BIRD), which has grown from a Kickstarter campaign by its Kiwi cofounder to a global footwear and apparel company with a US$3.1 billion market capitalisation..." Read the full story about NZ Funds' IPO investment in Allbirds below.
Read more