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Staying on Top of Ops Due Diligence for Hedge Funds

John Ward is an early riser, waking at 4 a.m. most days to catch the end of the trading day in Asia and still have plenty of time left over for morning correspondence with colleagues in Europe, if necessary. Currently...
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FINRA: Wells Fargo Units Fumbled AML for 9 Years

Wells Fargo Advisors (WFA) and Wells Fargo Advisors Financial Network (WFAFN) have to pay the Financial Industry Regulatory Authority (FINRA) a joint fine of $1.5 million for failing to comply with anti-money laundering (AML) requirements over a nine-year period, say...
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Can Big Data Help Ops with Risk’s New Demands?

Big Data made quite a splash across several industries, but its adoption in the financial services sector has been highly fragmented. Yet it’s becoming clear that Big Data offers some operational advantages as financial services firm adjust to the new...
SECOverhaul

SEC to Overhaul Regulations for Asset Managers

The SEC is mulling new, comprehensive operational and risk management rules that will update and deepen its oversight of the asset management industry, according to SEC Chair Mary Jo White, who yesterday outlined “regulatory enhancements” for the “increasingly complex portfolio...
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FTF News Video: What Keeps Raymond James’ Cybersecurity Chief Up at Night?

Andy Zolper, senior vice president and chief IT security officer at Raymond James Financial, tells FTF News about the potential threats that keep him up at night. Focusing on the emerging best practices that enable firms to protect against cyber...
Welcome to the Fall Edition of FTF News Magazine

Welcome to the Fall Edition of FTF News Magazine

FTF News’s cover story chronicles the expanding reach of compliance.

Our Fall 2014 edition of FTF News Magazine explores the world of post-trade operations in an Age of Compliance that now encompasses social media, cyber-security and voice-based derivatives trading.

 

Upcoming Events View All

  • Collateral Management for the Buy-Side

    With increased margin requirements and liquidity ratios, collateral management continues to become more and more important to buy-side managers. But is it up to the back office or front to manage it?

  • Performance Measurement New York 2015

    Join FTF for our annual performance measurement conference, discussing everything from GIPS and global client reporting standards, methods in fixed income attribution, measuring the performance of composites, and more.

  • DerivOps North America 2015

    Join DerivOps North America for a two-day, in-depth conference on all things derivatives operations. Combining our annual Chicago and New York event as well as our premier collateral management conference, DerivOps North America puts all the information you need to know in one place.

  • SecOps 2015

    This two-day conference will cover all things securities operations with separate streams covering reconciliations, corporate actions, and buy-side operations, including discussions on industry standards, STP, automation and more.

  • SMAC NY 2015

    Join FTF for our annual Social Media and Compliance in the Financial Services conference. From social media strategies to compliance issues, this is the premier event for new ideas, stronger systems, and increased connections for banks, asset managers, and insurance firms.

Upcoming Training View All

Minding the Gap View All

Eugene Grygo

Bridging the divide between the official story and what is really happening.

  • CRO Predictions from IDC Financial Insights

    For next year and beyond, most chief risk officers (CROs) at financial services firms will be bearing down on costly risk data architectures, credit analytics, fraud and cyber security with the hope of creating new risk efficiencies, according to key…
  • Glass Ceiling Still Holds for Women in Financial Services

    Unfortunately, the glass ceiling for women in executive positions in the financial services industry is still holding despite some positive fractures to the barriers to advancement, according to a report from management consultant Oliver Wyman. The findings of the annual…

Latest News View All

  • RBC to Pay $35M Penalty for Wash Trading Scheme

    A U.S. federal court on Thursday penalized the Royal Bank of Canada (RBC) $35 million for engaging in more than 1,000 illegal wash sales, fictitious sales and noncompetitive transactions over a three-year period, officials say. The order entered by the…
  • FINRA: Wells Fargo Units Fumbled AML for 9 Years

    Wells Fargo Advisors (WFA) and Wells Fargo Advisors Financial Network (WFAFN) have to pay the Financial Industry Regulatory Authority (FINRA) a joint fine of $1.5 million for failing to comply with anti-money laundering (AML) requirements over a nine-year period, say…
  • UBS Taps BlueMountain to Fill Out Board

    The UBS board of directors has announced that it will nominate Jes Staley for election to the board at the firm’s annual general meeting of shareholders on May 7, 2015, officials say. If elected, Staley is expected to be nominated for…
  • Manulife Hires Emerging Markets Duo

    Manulife Asset Management reports that it will be adding a new, two-person global emerging markets equity portfolio management team to its roster. They are Kathryn Langridge and Philip Ehrmann, who will join Manulife, effective Dec. 31, 2014, and Jan. 8,…

Latest Opinion View All

  • FTF News Video: Barclays Capital’s Tsandiotis on the State of Recs Automation

    Fri, 19 Dec 2014 14:00:00 +0000

    Roseann Tsandiotis, of Barclay’s Capital, speaks with FTF News, Eugene Grygo, about where the evolution of automation is at in Recs, and the tradeoffs firms need to consider before they commit to fully automating their Recs function. Roseann recently was … Continue reading
  • FTF News Video: AIG Official Foresees Benefits from Stress Tests

    Wed, 17 Dec 2014 14:00:28 +0000

    Op Risk veteran Lourenco Miranda speaks with FTF News about how firms can prepare for the stress tests, and the hidden benefits they might see after the process. Check out more FTF News video interviews from past events here.
  • FTF News Video: Thrivent Financial Embraces Social Media Compliance

    Mon, 15 Dec 2014 14:00:11 +0000

    In a video interview with FTF News, Thrivent Financial’s Stacey Eckes-Borys discusses the best practices for making certain social media usage comply with regulatory guidelines, and how firms can use technology to optimize the benefits from social media usage. Be … Continue reading
  • Boston Private Bank’s Tim MacDonald on Op Risk and New Financial Products

    Wed, 03 Dec 2014 15:00:12 +0000

    Tim MacDonald, chief risk offcer (CRO) at Boston Private Bank, speaks with FTF News about why firms should be taking into consideration the potential operational risks of new financial products, especially in the early developmental phases. This will save a … Continue reading