Support, secure and improve your business with Tech Engine. We deliver managed IT services for AFSL/ASL and dedicated cyber security for AFSL businesses, backed by AFSL cyber compliance support. Tech Engine takes care of IT for AFSL firms. Our Melbourne crew keeps your systems steady, blocks cyber threats, and runs your cloud tools. That means advisers can stay with their clients, not wrestle with tech.
We deliver practical cyber protection for financial services licensees You get set fees, no surprise costs, and plain‑spoken updates. With us, your tech works as a growth engine instead of a headache. Partner today for future ready, lasting peace of mind and a stronger competitive advantage.
overview
Managed IT Services for AFSL/ASL & Cyber Compliance Support
Tech Engine is more than an IT service provider. We’re your hands-on partner. We keep data safe, help staff work faster, and support your growth, all from one clear point of contact. Because we know the hard rules AFSL holders follow, every setup meets ASIC requirements.
We combine AFSL compliance software with robust infrastructure management and close audit gaps before they appear. We also design financial services compliance technology that simplifies reporting, cuts manual tasks, and lifts adviser confidence. The result is a stable, agile platform that powers client interaction, regulatory alignment, and long-term profitability for your firm.
Managed IT Services
Tech Engine delivers managed IT services for AFSL with predictable costs and strict uptime targets. Our Melbourne help desk solves issues fast, while proactive monitoring detects threats early. Hardware, software, backup, and networks stay current, secure, and compliant with ASIC rules. Advisers gain more time for client relationships each day.
Cybersecurity Risk Management
Regulated advice firms face evolving threats. Our AFSL IT services cybersecurity program layers firewalls, endpoint defence, zero-trust access, and employee awareness into one coordinated shield. Continuous testing validates controls, while real-time dashboards reveal exposure in plain language. This approach places financial cybersecurity risk management within reach of busy principals today.
IT Consulting
Growth, takeovers, and new rules can make IT choices hard. Our financial services IT consulting team walks AFSL holders through planning, system design, and vendor pick-and-mix. We match your budget to your goals and lay out a tech roadmap that keeps advice flowing, data safe, and money used wisely. With clear facts instead of guesses, leaders choose faster and choose well.
Cloud Security
Tech Engine architects AFSL cybersecurity and managed IT cloud solutions that balance speed with governance. Multi-region redundancy, hardened configurations, and privileged-access controls protect assets and raise performance. Our experts build cloud security for financial services; they embed encryption, identity management, and posture checks and achieve AFSL cloud compliance without complexity.
What is an AFSL/ASL?
An Australian Financial Services Licence (AFSL, sometimes ASL) authorises businesses to provide financial services in Australia. Licensees must meet ASIC obligations across governance, risk, cyber security, and client protection.
How Tech Engine Helps Meet ASIC Obligations
- We align controls and policies with ISO 27001.
- We implement access control, encryption, monitoring, and audit‑ready logging.
- We maintain asset inventories, backups, risk registers, and incident response playbooks.
- We support CPS 234 requirements where APRA oversight applies to your environment.
- We deliver continuous monitoring, vendor risk reviews, staff training, and evidence for audits.
- We schedule periodic reviews, so controls evolve with regulations and threats.
Experience the Tech Engine Difference
- Uncompromising Standards: Clients trust our uncompromising standards. We deliver AFSL compliant IT services that meet ASIC scrutiny, align with objectives, and follow processes, so quality never slips.
- Instant Support: Advice can’t pause. We answer in seconds, take charge of the issue, guide you clearly, and get you productive again fast.
- Future-Proof Planning: Fixes are only the start. Strategy sessions link your tech to growth, cyber safety, and compliance goals, with milestones that keep you ahead of change.
- Business Expertise: We drop the jargon, fit solutions to your people and processes, tie each task to KPIs, and give leaders straight facts for better decisions.
Optimise Your AFSL Business with Managed IT Services
Learn how our managed IT services for AFSL and cybersecurity expertise can take your business to the next level. Fill out our enquiry form and our experts will be in touch.
Frequently Asked Questions
How do your managed IT services help AFSL holders stay compliant with ASIC regulations?
Our managed IT services support AFSL holders by providing robust AFSL compliance management solutions aligned with ASIC regulations. We implement secure data handling, proactive monitoring, and regular system audits to maintain compliance standards.
Our team ensures your technology infrastructure supports regulatory reporting, cybersecurity, and access controls. With up-to-date patching, documentation, and backup systems, we help reduce the risk of breaches or non-compliance, allowing you to focus on delivering financial services with confidence and reliability.
How do you keep our firm’s data safe and compliant with industry standards?
We prioritise data security and compliance by implementing advanced encryption, access controls, and regular vulnerability assessments tailored to the financial sector. Our IT for financial advisors Australia services secure cloud solutions, real-time monitoring, and data backup strategies that meet industry and regulatory standards.
We stay current with compliance requirements to protect sensitive client information, helping your firm maintain integrity and trust.
What are the consequences of failing to meet APRA and ASIC cybersecurity requirements for AFSL holders?
AFSL cybersecurity failures can lead to serious consequences. With our AFSL cybersecurity services, we help you avoid penalties by ensuring compliance with regulatory standards. When you don’t comply with the requirements, you risk:
- Civil penalties and enforcement actions
- Mandatory remediation: expert reviews, reports to ASIC/APRA, third-party oversight
- Court‑ordered costs and legal fees.
- Licence suspension or cancellation, and major reputational damage
Our services mitigate these risks and keep your firm secure and compliant.
What incidents must be reported to ASIC, and within what timeframe?
AFSL holders must report “reportable situations” to ASIC:
- Significant breaches or likely breaches of core obligations
- Investigations lasting over 30 days and their outcomes
- Gross negligence or serious fraud and,
- Certain misconduct by representatives.
Cyber incidents are reportable when they cause or reveal a significant breach (such as loss of client data, prolonged outages, control failures) relevant to financial sector cyber security.
Notify ASIC via the Regulatory Portal within 30 calendar days of first having reasonable grounds to believe a reportable situation has arisen. APRA‑regulated entities must also notify APRA of material information security incidents within 72 hours.
What are the main cyber risks facing AFSL holders today?
AFSL holders face a mix of people‑driven and tech‑driven risks.
- The most common is business email compromise: criminals trick staff into paying fake invoices or changing bank details.
- Phishing and SMS scams can steal passwords or push fake MFA prompts, leading to account takeovers.
- Ransomware can lock systems and leak client data. Third parties, such as outsourced IT, cloud and SaaS providers, can be weak links.
- In the cloud, simple misconfigurations or overly broad access let attackers in.
- Unpatched laptops, servers, and network devices expose known flaws.
- Insider mistakes (like emailing the wrong file) and lost mobiles add to exposure.
- Weak backups and untested recovery extend outages.
- Finally, social engineering that targets principals and compliance staff can create not only financial loss but regulatory reporting headaches.
Clear policies, training, strong identity controls, patching, and tested backups reduce these risks.