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Q&A: DTCC VP Says T+2 Requirements Coming in May

John Abel, vice president with the DTCC, says the post-trade services utility is likely to issue the requirements for moving to the trading day plus two business days (T+2) shortened settlement cycle in early May via an industry paper. There...
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FIX Fails to Catch On in Post-Trade Operations: Panel

By now, most financial services firms are fairly familiar with the Financial Information eXchange (FIX) electronic trading protocol for front-office concerns like trade execution. But, thus far, the messaging standard has failed to catch on in the back office even...
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Bloomberg Terminals Suffer Global Outage

Bloomberg terminals experienced a mass outage this morning, leaving traders in the dark for roughly four hours and causing the U.K. to cancel a multi-billion government debt buyback, according to media reports. The outage began shortly after European markets opened,...
business man using tablet computer to work with financial data

Omgeo Offers SSI Support for Custodians, Prime Brokers

Post-trade service provider Omgeo is attempting to automate more of the back-and-forth between custodians, brokers and their clients in the latest release of its Omgeo Alert solution, version 5.0. Alert 5.0 adds the Global Custodian Direct feature, which enables global...
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Ben Bernanke to Advise Citadel

Former Federal Reserve Chairman Ben S. Bernanke will soon be serving as an outside senior advisor for hedge fund Citadel, officials say. In this position Bernanke will consult with Citadel teams on developments in monetary policy, financial markets and the...
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Robson Takes CEO Post at Relationship Science

Enterprise technology vendor Relationship Science has appointed FinTech veteran Jon Robson as its new CEO, officials say. At the same time, Relationship Science also announced the close of a Series D $31 million funding round, which included an investment by...
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Torstone Module Targets International Trade Flow

Torstone Technology released in time for the Sifma Ops 2015 conference “a lightweight instance” of its flagship post-trade securities and derivatives processing system, Inferno, that can be used as a complementary add-on for managing international transactions, says Jonny Speers, global...

Upcoming Events View All

Upcoming Training View All

  • Enterprise Risk Principles & Practices

    “Intense and invigorating” risk work shop  –  This 2 Day “in-person”workshop delivers a comprehensive view of risk management from goals, approaches, challenges, and detailed execution.  It will be interactive and creates a sound foundation for building and transforming a risk function into a highly effective and efficient entity.

Minding the Gap View All

Eugene Grygo

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

  • What is the ROI for Regulatory Compliance?

    Today, April 15, is the day when all Americans get a taste of what it’s like to comply with a regulatory deadline. This is the day that all personal income taxes are due to the Internal Revenue Service (IRS). Of…
  • Asia-Pacific Lost in the T+2 Shuffle?

    The operations industry has been focused on shorter settlement cycles in the U.S. for the past two to three years while Europe has made the transition from trading data plus three business days (T+3) to two business days (T+2). At…

Latest News View All

  • Exiger Division Hires Ex-Manhattan DA Chief of Staff

    Exiger, a regulatory and financial crime, risk and compliance provider, has  appointed the former chief of staff for the Manhattan District Attorney’s Office Jeff Schlanger as managing director and president of Exiger Advisory, a specialized consulting division, officials say. Schlanger…
  • Q&A: DTCC VP Says T+2 Requirements Coming in May

    John Abel, vice president with the DTCC, says the post-trade services utility is likely to issue the requirements for moving to the trading day plus two business days (T+2) shortened settlement cycle in early May via an industry paper. There…
  • Bloomberg Terminals Suffer Global Outage

    Bloomberg terminals experienced a mass outage this morning, leaving traders in the dark for roughly four hours and causing the U.K. to cancel a multi-billion government debt buyback, according to media reports. The outage began shortly after European markets opened,…
  • Omgeo Offers SSI Support for Custodians, Prime Brokers

    Post-trade service provider Omgeo is attempting to automate more of the back-and-forth between custodians, brokers and their clients in the latest release of its Omgeo Alert solution, version 5.0. Alert 5.0 adds the Global Custodian Direct feature, which enables global…

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