Introduction: Is data governance the silver bullet for all your data issues? Has the marriage of performance departments and the data office been a successful one? In this blog, we’ll explore the significance of data governance and its impact on addressing data challenges in the performance measurement and client reporting industry. Understanding Data Governance: Data
Standards
UMAs Are Popular But They Have Reporting Challenges
What is a unified managed account also known as a UMA? In simple terms, it is a way to unify a client’s managed assets into one account. Instead of having one account for a large-cap separately managed account (SMA), another one for a fixed income SMA, and a third one housing mutual funds and exchange-traded
Buy-Side
What’s at the Heart of Investment Skills?
Investment skill is the raison d’être of the asset management industry. Asset managers are paid to have it and their clients pay them for it. Despite this, empirical evidence of its existence, and what it looks like in practice, up to now, has been sparse, to say the least. We at Inalytics have filled that
KYC
Some Pointers On Picking New IT Providers
As financial services firms work to create efficiencies in the performance measurement and client reporting teams, there are some fundamental questions that need to be addressed from an information technology (IT) management perspective. These questions also apply to all IT systems that support other facets of securities operations. Firms need to be sure to include
KYC
How the Unique Transaction Identifier Solves Post-Trade Challenges
Securities settlement fails are costing the industry billions in operational overheads and fees today. This is only intensifying under the Central Securities Depositories Regulation (CSDR) Settlement Discipline Regime in Europe and shortening settlement cycles. With the deadline for T+1 settlement implementation coming up on May 28, 2024, in the U.S., solving post-trade frictions that get
KYC
Turning Margining Challenges into Solutions
(Editor’s Note: In this guest post for the Bull Run, Varqa Abyaneh, chief product officer from Quantile Technologies Ltd. focuses on industry participants grappling with the costs of funding multiple margin requirements globally.) Designed to improve the safety and stability of markets, regulation inevitably increases the cost of trading. Participants are still expected to deliver
Compliance
Ready, Set, Go – Benchmark Regulation Has Arrived!
I am looking forward to my participation in the Performance Measurement Americas (PMA) 2018 panel discussion entitled “Get Ready for the EU’s Benchmarks Regulation,” which will take place March 9 at 1:50 p.m. in New York. With a certain degree of Irish humor, I’ve described this new regulation to colleagues in my firm as a “forgotten child.”
Compliance
Part 3 of MiFID II and Fixed Income: What Price Transparency?
By Jeffrey O. Himstreet, corporate counsel, PGIM fixed income law, PGIM Fixed Income Parts 1 and 2 of this blog, for Financial Technologies Forum in anticipation of their upcoming conference, Navigating the Maze of MiFID II, and our panel “New Rules for Fixed Income,” focused on the MiFID II rules relating to reporting and research unbundling
Compliance
Part 2 of MiFID II and Fixed Income: What Price Transparency?
By Jeffrey O. Himstreet, corporate counsel, PGIM fixed income law, PGIM Fixed Income (Editor’s Note: This is Part II of a three-part part series. To read Part I click here. Check back next week for part III or sign up for our news alerts to stay informed.) Transparency to Clients. The “unbundling” of research expenses from transaction
Compliance
Part 1 of MiFID II and Fixed Income: What Price Transparency?
By Jeffrey O. Himstreet, corporate counsel, PGIM fixed income law, PGIM Fixed Income (Editor’s Note: This is Part I of a three-part part series. Check back for parts II and III or sign up for our news alerts to stay informed.) As with any other reporting requirement enacted in financial services regulation anywhere in the