Sustainability by Design: Assessment Tool for Just Energy Transition Plans
ASIC Technology Update
1. Corporate Registers Forum
ASIC technology update
March 2006
Rosanne Bell, Director, Public Information Program, ASIC
rosanne.bell@asic.gov.au
2. 2
Overview
• Current applications of technology
• Future business needs
• ASIC IT reform program
• New technology delivered in 2005
• On the horizon
3. 3
Current applications of technology
1. Document lodgement
2. Managing the corporate register
3. Document imaging
4. Searching the corporate register
5. Collecting company fees
6. Issuing annual review documents, invoices and
correspondence to companies
7. Identifying and addressing non compliance
8. Responding to public enquiries
9. Interaction with third parties
4. 4
Future business needs
1. ‘Unlocking value from public information’ – quick,
cheap access to useful data.
2. More use of electronic channels (in favour of counter
and paper channels)
3. Less focus on ‘forms lodgement’, more focus on
data/record management by companies
4. User friendly services to promote self management
of data and provide interactive help
5. Efficiency for clients and ASIC
5. 5
Future business needs
6. Turning data into knowledge – intelligence
7. Knowing and interacting with our clients better
8. Increasing data quality, integrity & security
9. New activities to find and address non compliance
6. 6
ASIC IT reform program
• Rebuild our IT systems into a modern, sustainable
electronic interface which lets the public deal with us easily
and which supports our work (ASIC strategic plan 2005-
10)
• 2 year program of major change started in 2005 covering:
– IT organisational change and governance
– Enterprise Architecture & IT strategic planning
– Systems documentation
– Test infrastructure
– Software development methodology
– Software management capabilities & quality framework
– IT culture and skills
7. 7
Delivered in 2005
• New compliance management system (CLERP 7)
• New liquidators lodgement portal
• Electronic requisitioning
• New internal reporting & reconciliation products
• Upgraded reinstatements processes
• New ASIC mainframe
8. 8
On the horizon
• ‘Reducing red tape’ project
• Website upgrade
• New electronic forms eg. charges, voluntary
deregistration
• Upgrading of call centre software
• Counter workload & client tracking
• International cross recognition
• Data quality project - person records
• Ongoing IT reform, enhancements & upgrades
9. 9
Summary
• The growing role of technology as a business
enabler: unlocking new value from public information
• Ongoing challenges
– meeting internal and external stakeholder
expectations
– balancing shorter and longer term needs
– doing more, and better, with less