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...
Scanning for computer virus

Security Group Eases Sharing of Threat Data

(Editor’s note: In a separate story FTF News examines the recent cyber-breach at JP Morgan, an attack that illustrates the immense dangers faced by financial services firms every day in the digital realm. Read about it here.) A financial services...
Sept. 11 Image480

Reporter’s Notebook: 13 Years After 9/11

As we were approaching the 13th anniversary of 9/11, I kept remembering Frederick T. Varacchi. He was the former president, chief operating officer and director of eSpeed who was lost in the terrorist attacks upon the World Trade Center. I...
Bank of America FINE image

Swaps Margin Rules to Slam Big Sell-Side Firms

New swap margin rules could push more derivatives trading onto clearinghouses and create a host of operational difficulties at big banks, but may leave the buy side relatively unscathed when they go into effect next year, analysts say. Last Wednesday...
FATCA 480x310

G2 FinTech Teams with Advent to Target CBR

G2 FinTech, provider of the TaxGopher tax analysis and compliance software, and Advent Software, maker of Geneva portfolio management system, are joining forces to help prime brokers comply with Phase 3 of the cost-basis reporting (CBR) tax requirements of the...
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

  • TMF Custom House Debuts ‘Depo Lite’

    Fund administrator TMF Custom House Fund Services is rolling out a despositary lite, or ‘Depo Lite,’ platform aimed at alternative investment managers marketing their funds in Europe who need to comply with the Alternative Investment Fund Managers Directive (AIFMD), according…
  • Aite: Outsourcing Coming for Debt Trading Ops

    Regional U.S. banks and broker-dealers are finding today’s debt capital markets (DCM) to be “an exercise in high cost and low return,” leading many to consider outsourcing and other cost-saving measures, according to a new report by market research firm…
  • Wetjen to Oversee CFTC’s Technology Committee

    CFTC Commissioner Mark P. Wetjen will take over sponsorship of the CFTC’s Technology Advisory Committee (TAC), which oversees the impact of technological innovations upon financial services and the futures and swaps markets. At some point, Wetjen will hand over the…
  • Smarsh Opens London Office

    Smarsh, a U.S.-based provider of cloud-based archiving solutions for compliance and e-discovery, reports the opening of a London office, which a statement characterizes as “fully operational.” Daniel Klein, director of business development for the vendor, is leading the Smarsh UK…

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