Guest Contributor: Jason Elmer, Director of Business Development, Abacus Group The cost of owning and operating on-site IT resources has led hedge funds to adopt cloud-based IT solutions at an increasing rate. This momentum has been helped by a greater understanding of the compelling advantages in Scalability, Cost Predictability and Business Continuity associated with cloud-based
Compliance
The Silver Butterfly Case – Straddles 101: Why tax straddles are important to a tax-aware portfolio strategy
Guest Contributor: George Michaels, G2 FinTech With tax season right around the corner, we wanted to shed some light on the historical creation of straddles and why they are important to a tax-aware portfolio strategy. A straddle is a set of investment transactions that simultaneously take two offsetting positions on the same underlying security; one of
Derivatives
Rule Making Area I: Registration of Swap Dealers and Major Swap Participants
Guest Contribution: Chad Wekelo, Founder and Principal, Actualize Consutling On January 11, 2012 the CFTC approved the final regulations which establish the registration process for swap dealers and major swap participants. The commission has delegated to the National Futures Association the responsibility for the administration of swap entity registration. Because the rules that define the
Uncategorized
Bridging the Gap within Hedge Fund Operations
In the coming months, Hedge Funds are going to be implementing operational changes within their firms in order to remain compliant with Dodd-Frank and other regulatory mandates. Firms will also need to explore new technology solutions in order to make the most efficient improvements to their operations. FTF News and Omgeo are conducting this survey
Financial Technologies Forum (FTF)
Join the FTF News LinkedIn Group
You follow us on Twitter and you follow our blog, now we invite you to join the latest FTF social media endeavor, the FTF News LinkedIn Group. This group consists of discussions around the latest issues and trends affecting securities operations and technology. Members include FTF News subscribers, FTF clients and attendees of FTF events
Uncategorized
WHAT IF THE RISK DEPARTMENT REALLY LOST AN HOUR?
Guest Contributor: Marcus Cree, Vice President, Risk Solutions, SunGard’s Capital Markets Business With spring in the air, the U.S. clocks have gone forward, stealing an hour from us. Obviously it is an illusory lost hour, but it does provoke an interesting thought experiment: if you were to actually lose an hour of the working day, where
Financial Technologies Forum (FTF)
The Magic List
“The Holy Grail” is what some people feel they have found when they land a spot in a brokerage company’s mutual fund advisory program, according to the Wall Street Journal. Achieving a spot on such a list for a new or small mutual fund is not an easy task. But, if they can accomplish it,
Financial Technology
Euro Crisis: To prepare or hope it resolves itself?
Guest Contributor: Subbiah Subramanian, Head of Instrument Engineering, Eagle Investment Systems After weeks of suspense, Greece reached an agreement with the creditors to restructure its debt. Some groups within the global financial market such as the ISDA called it a default, as this restructuring resulted in financial losses for creditors. This triggered a credit event
Back-Office
The Mandatory LEI – Countdown to Implementation
FTF will be hosting a complimentary webinar on March 28, 2012 at 11a.m. EDT on the upcoming LEI being mandated by Dodd-Frank…. The financial services industry has been looking to push for the use of Legal Entity Identifiers (LEIs) for some time. There has been resistance due to the inability to make a strong business case
Uncategorized
A Shifting Focus for OTC Derivatives
Guest Contributor: Tony Scianna, deputy head of strategy, SunGard’s capital markets business In recent years, we have seen many developments in getting the industry to light speed in the front office, but now the focus appears to be shifting to real-time data management and post-trade processing applications, especially in the OTC derivatives space. As the
