Highway Signpost "Risk Management"

Regulatory & Investor Demands Spur New Respect for Risk Ops

Risk management operations is finally coming into its own as post-Great Recession regulatory and investor pressures begin to bear down on buy- and sell-side firms in the U.S. and the European Union. On the sell side, big banks in the...
Calpers Hedge Fund Image

Calpers Dumps Hedge Funds

The highly influential pension fund California Public Employees’ Retirement System (Calpers) is exiting 24 hedge funds and six hedge fund-of-funds with a combined value of approximately $4 billion, officials say. Calpers officials announced that they are eliminating the hedge fund...
financial symbols coming from hand

Raymond James Unit Gets Rid of Manual Tasks

Struggling with legacy systems and manual processes, employees of the middle office at financial holding company Raymond James’ Equity Capital Markets (ECM) division were finding it next to impossible to do their jobs in a timely and efficient manner. Since...
gavel and dollars

CFTC Fines Morgan Stanley $280K for KYC Oversight

U.S. regulators have fined Morgan Stanley’s wealth management division $280,000 over failures in its know your customer (KYC) processes that led to a fictitious hedge fund – in reality the front for a U.K.-based Ponzi scheme – being able to...
Hacker typing on a laptop

JPMorgan Cyber-Attack Spurs ‘Fear, Uncertainty & Doubt’

(Editor’s note: In a companion piece to this story, FTF News explores how the FS-ISAC, a financial services cyber threat-sharing group, is automating the sharing of threat information across the financial sector. Read about it here.) The massive cyber-security breach...
2014 FTF News Awards Supplement

2014 FTF News Awards Supplement

Download the FTF News Technology Innovation Awards 2014 supplement and dive into profiles on 17 influential FinTech companies that you should be aware of, and three industry leaders making a big difference in the FinTech industry.
 
We shine the spotlight on Cynthia Meyn, executive vice president of operations at bond fund manager PIMCO, voted Ops Business Person of the Year; entrepreneur Stephen Marsh, founder and CEO of Smarsh, chosen as FinTech Person of the Year; and Bart Chilton, the former CFTC commissioner, recognized via an Editor’s Choice award for his service to the industry.
 

Upcoming Events View All

  • SMAC NY

    With social media directors at top-tier firms, the financial services experts at social media giants and the SEC itself as speakers, this conference is the social media  event tailored  to the needs of financial services firms.

  • CAPCon NY

    Early Bird Pricing Available! Register by September 19th to Receive Discounted Pricing!

  • ReCon New York

    Early Bird Pricing Available! Register by September 26th to Receive Discounted Pricing!

  • DerivOps New York

    Early Bird Pricing Available! Register by October 3rd to Receive Discounted Pricing!

  • OpRisk NY

    Early Bird Pricing Available! Register by October 10th to Receive Discounted Pricing!

Upcoming Training View All

Minding the Gap View All

Eugene Grygo

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

  • Will OTC Reforms Bring Back Data Silos?

    Oddly enough, regulations meant to bring clarity to voice-based over-the-counter derivatives could inadvertently create new data silos for many firms, says Marc Carletti, executive vice president, global banking and financial markets, BT Global Services. I spoke to Carletti for a…
  • A New Warrior in the FIX-for-Post-Trade Crusade

    Meet Alpha Omega Financial Systems, a new warrior in the FIX-for-post-trade crusade. The San Francisco-based startup is driven by the belief that the FIX protocol will eliminate manual systems and deliver new efficiencies to operations. The company argues that firms…

Latest News View All

  • RJO Hires from UBS for UK Post

    Futures brokerage and clearing firm R.J. O’Brien & Associates (RJO), has appointed Paul Goodhew as senior vice president and head of global markets at its London-based R.J. O’Brien (UK) Ltd. affiliate, according to a company statement. Most recently, Goodhew worked…
  • Financial Technologies Forum to Ring NASDAQ Bell

    Subscribers to FTF News and attendees of FTF’s events already know the company has its finger on the pulse of the post-trade processing realm of securities trading. But tomorrow morning the founder and CEO of FTF will literally take the…
  • Calpers Dumps Hedge Funds

    The highly influential pension fund California Public Employees’ Retirement System (Calpers) is exiting 24 hedge funds and six hedge fund-of-funds with a combined value of approximately $4 billion, officials say. Calpers officials announced that they are eliminating the hedge fund…
  • Raymond James Unit Gets Rid of Manual Tasks

    Struggling with legacy systems and manual processes, employees of the middle office at financial holding company Raymond James’ Equity Capital Markets (ECM) division were finding it next to impossible to do their jobs in a timely and efficient manner. Since…

Latest Opinion View All

  • The 7 Data Extraction Problems That Plague Corporate Actions and the 1 Solution to Them All

    Wed, 10 Sep 2014 14:01:34 +0000

    Guest Contributor: Adam Devine, VP Product Marketing & Strategic Partnerships, WorkFusion   Whether you provide a corporate actions feed or integrate them at an institution, you know that the gold standards for data accuracy, speed, and efficiency are rising. If … Continue reading
  • Tax Alert on Recently Announced Relief on Money Market Fund Floating NAV Wash Sale, Form 1099-B and Gain/Loss Calculations

    Wed, 27 Aug 2014 13:41:18 +0000

    Guest Contributor:  Stevie D. Conlon, Senior Director and Tax Counsel, Wolters Kluwer Financial Services The author thanks John Kareken and Anna Vayser of Wolters Kluwer Financial Services for their assistance. There were several important announcements made last month by the … Continue reading
  • Software as a (dis) Service – Going in with Your Eyes Wide Open

    Wed, 20 Aug 2014 12:30:15 +0000

    Guest Contributor: Jane Stabile, President, IMP Consulting, Boston, MA The asset management business has never been more competitive, and CFOs are under tremendous pressure to keep their firms lean. As CFOs seek solutions to keep the headcount down, the argument … Continue reading
  • Financial Trading Infrastructure: The Era of Cloud 2.0

    Wed, 13 Aug 2014 12:30:05 +0000

    Guest Contributor: Jacob Loveless, CEO, Lucera Financial Infrastructures The freedom to try new things The equity downturn has fueled a trend in multi-asset trading that is prompting firms to test new strategies. They realize they can no longer merely trade … Continue reading