ASL was formed in 1993 as a mutual organisation by our founding members to provide settlement services and allow them to participate in the various financial sector clearing streams. ASL today is still an organisation which, like many of its clients, is owned by its members and supplies services to those members. ASL’s members include major mutual financial institutions.
ASL provides high quality, value for money and efficient settlement and transaction processing services to our members. Through the aggregation of our members transactions we are able to significantly reduce transaction costs associated with settling cheque, direct entry, scheme card, BPAY and other financial transactions.
As an Authorised Deposit-taking Institution, ASL is under the supervision and regulation of the Australian Prudential Regulation Authority (APRA) and the Reserve Bank.
ASL was the first non-bank to have an Exchange Settlement Account at the Reserve Bank.
Since inception, ASL has progressively grown our various products and services so as to continue to meet the evolving needs of our members and industry. This expansion has occurred without ever one settlement problem. While starting from a simple settlement service organisation, ASL can now provide our members access to a complete set of payment related services and participation in all the payment clearing streams within the Australian market.
Mr Crichton has over 25 years experience across the Financial, Insurance and Manufacturing sectors. He has held technology, transformation and innovation roles in Westpac, General Electric and BHP.
Mr Crichton holds a degree in Computer Science and Mathematics. He is a certified Project Management Professional with the Project Management Institute and a certified Black Belt in Six Sigma.
Ms Westman has over 10 years’ experience working in Internal Audit and Operational Risk Management. During this time, Rubi spent several years working as an Internal Audit Manager in a Big 4 CA Firm in Sydney. Rubi has extensive experience in working with Internal Audit and Risk Management policies, procedures and systems across a wide range of industries including Financial Services, Consumer Business, Sales & Marketing, Construction within both Australia and the United Kingdom. Rubi holds a Bachelor of Commerce Degree majoring in Accounting and Commercial Law, and is a Member of the Australasian Mutuals Institute.
Mr McGregor has over 25 years of experience working in Risk Management, Compliance, Project Management, Governance, Company Secretarial and Internal Audit. During this time Allan has gained extensive experience through roles in Banking, Insurance, Foreign Exchange and Energy industries in Australia including broader involvement in the Asia Pacific region.
Allan holds a Bachelor of Science Degree and Master of Commerce in Finance and is a Member of the Australian Institute of Risk Management.