business man using tablet computer to work with financial data

ISITC to Join the T+2 Push in the U.S.

The push for a shortened settlement cycle in the U.S. will be a key part of the agenda for the International Securities Association for Institutional Trade Communication (ISITC) during 2015, says Jeffrey Zoller, the chair of the trade processing standards...
Mouse Trap

Firms Stung by Costly Trade Reporting

Financial services firms and market participants affected by derivatives trade reporting requirements are finding it difficult – and increasingly costly – to cope with the regulations, according to a new white paper from business and technology services and solutions vendor...

Calstrs Tweaks Mainframe Usage & Saves $600K

The California State Teacher’s Retirement System (Calstrs) pension fund has adjusted the way its Calstrs START database system utilizes mainframe hardware and over eight months saved more than $600,000 in batch and online processing costs. START, which is based on...

BNY Mellon Pays $714M to Settle FX-Related Woes

The Bank of New York Mellon Corp. (BNY Mellon) has agreed to pay a total of $714 million to resolve “substantially all of the foreign exchange (FX)-related actions currently pending against the company,” say BNY officials. The settlements with the...
Uncleared Swaps Get a Reprieve on Margin Requirements

Uncleared Swaps Get a Reprieve on Margin Requirements

A new deadline for margin rules on uncleared swaps means firms must make the most of the time they have left before the new rules take effect.

Volante Broadens Designer Platform’s Support

Volante Broadens Designer Platform’s Support

Volante Designer 5.1 offers greater support for processing large data sets, further embraces Open Source software, and enhances the user interface and testing capabilities.

Why Corporate Actions is Still an Ops Burden

Why Corporate Actions is Still an Ops Burden

Last week, in an FTF News story about a new white paper from financial messaging cooperative SWIFT, I focused on the toll that regulatory compliance is taking on financial services firms.

I wasn’t able to delve into the corporate actions section of the SWIFT paper but I can do that now. As I noted, the white paper’s findings are based on surveys of buy-side firm grappling with a variety of burdens with operations.

Business Leadership

Performance Measurement Becomes a Competitive Advantage

Things aren’t what they used to be in the performance measurement game – and that’s a good thing, according to several practitioners who spoke at Financial Technologies Forum’s Performance Measurement 2015 conference last week in New York City. As the...

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Eugene Grygo

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

  • Glass-Steagall Redux?

    First, I know that the name of Elizabeth Warren, the U.S. Senator from Massachusetts, makes Wall Street’s collective blood boil. In fact, blood pressure levels must be rising this week as Warren makes the rounds again in part to promote…
  • Why Corporate Actions is Still an Ops Burden

    Last week, in an FTF News story about a new white paper from financial messaging cooperative SWIFT, I focused on the toll that regulatory compliance is taking on financial services firms. I wasn’t able to delve into the corporate actions…

Latest News View All

  • ISDA Fills Out Determinations Committees

    The International Swaps and Derivatives Association (ISDA) has announced the members of its five regional Determinations Committees (DCs), which comprise the global decision-making structure around events in the credit default swap (CDS) industry, according to ISDA. “The DC process was…
  • Partnership Brings Algorithms to SS&C Clients

    Financial software vendor SS&C Technologies has partnered with Brazilian electronic trading vendor Americas Trading Group (ATG) to provide algorithmic trading strategies to customers of SS&C’s MarketTrader order management system (OMS) and FIXLink electronic trading community, officials say. ATG has 35…
  • Hearsay Unveils Apps for Surveillance Suite

    Social media compliance vendor Hearsay Social has unveiled new mobile applications for iPhone and Android that will link clients to Hearsay’s Predictive Social Suite, according to a company statement. Hearsay is a privately held, San Francisco-based provider of software-as-a-service predictive…
  • Gresham Computing Takes On Transaction Reporting

    City of London-based Gresham Computing plc, a provider of transaction control solutions, reports the launch of Clareti Transaction Control (CTC) Transaction Reporting. The CTC Transaction Reporting solution allows a financial institution to “verify and validate that trades reported to trade…

Latest Opinion View All

  • How Should the NY State Government Spend its $5 Billion Surplus from Wall Street Fines?

    Thu, 05 Feb 2015 14:15:12 +0000

    We have the results to our most recent Finger on the Pulse poll. Our FTF News editor, Eugene Grygo, recently posted a Minding the Gap column Can Good Come from the Sins of Wall Street?, where he discussed the fines imposed upon … Continue reading
  • FTF News Video: How to Build a Robust Op Risk System

    Wed, 04 Feb 2015 14:30:44 +0000

    CIT’s head of Op Risk discusses novel ways to improve surveillance and launch initiatives with FTF News editor, Eugene Grygo at the recent OpRisk New York 2014 conference in November. Prasad Kodali, head of operational risk at CIT, is leading … Continue reading
  • Can Good Come from the Sins of Wall Street?

    Fri, 23 Jan 2015 15:44:08 +0000

    January 20, 2015 by Eugene Grygo (Contribution from Minding the Gap, a blog by FTF News editor, Eugene Grygo.) Thanks to the fines imposed upon Wall Street and insurance firms for their sins during the Great Recession, the New York State … Continue reading
  • How to Retain and Promote Female Talent

    Wed, 07 Jan 2015 19:11:29 +0000

    Guest Contributor:  Jessica Titlebaum, WILD Co-Founder My mentor once said that results are not exclusive to gender.  While this is true, it’s also important to remember that gender may produce different results.   According to Catalyst, there is a correlation between women … Continue reading