Guest Contributor: Mark Wickersham, Director of Product, ByAllAccounts, Inc. Mid-market asset managers drowning in compliance costs are reaching for better reconciliation systems in order to expand their AUM without collapsing their margins. For many investment management firms, new channels of product distribution bring additional back-office operational burdens: new systems to learn, different ways to retrieve
Back-Office
6 Keys to Reconciliation: What Asset Management Operations Really Need to Know [Complimentary Whitepaper]
“>Download Whitepaper Now Complimentary Whitepaper Reconciliation Best Practice What Asset Management Operations Really Need to Know. Featuring expert insights on the six key functional areas critical to reconciliation. By Duncan Wheatley, Managing Director of Watson Wheatley Financial Systems. The reconciliation system occupies a unique and privileged position in the asset manager’s middle and back office
Data Management
The LEI: A Building Block for Enhanced Data and Risk Management
Guest Contributor: Marty Williams, Vice President, Reference Data Product Development, Interactive Data Corporation’s Pricing and Reference Data Business The introduction of a standardized Legal Entity Identifier (LEI) could deliver significant benefits beyond allowing regulators to more accurately monitor systemic risk. While we are at the beginning of a journey toward what could become a global
Data Management
Get You Some Big Data Strategy
Guest Contributor: Julio Gomez, General Manager, Financial Services Attivio and Co-Founder, Innovation Councils I just had dinner with an IT exec from a financial institution, and heard a common lament: “This Big Data thing is driving me crazy. Everyone has an opinion about what it means, and what needs to be done. It’s hard to
Data Management
“What Is” Complex Event Processing (CEP)
Complex Event Processing (CEP) technologies enable firms to discover trends by analyzing large volumes of data, also known as events, such as major trade flows. Enterprise-wide architectures that are event-driven or service-oriented can then be built to react and take advantage of the identified trends. CEP-based reviews can spot patterns and decipher the impacts of
Data Management
“What is” Big Data?
A fairly new buzzword, “Big Data” generally describes large sets of key information that present many businesses with major management challenges. The nearly overwhelming volumes of Big Data make it difficult for IT managers to capture, store and analyze it. The volumes are often too large to process via traditional IT infrastructures. The typical dataset
Data Management
Manage Your Data Vendors to Improve Quality and Reduce Total Cost
Guest Contributor: Thomas C. Redman, “The Data Doc”, Navesink Consulting Group Financial institutions need high-quality data, about markets, counterparties, and so forth, acquired from outside. Most follow the so-called “golden copy” approach. They obtain data from many sources, compare them, pick the one that they think most likely correct, and anoint it as “golden.” Good
Corporate Actions
“What is” Reference Data?
The term reference data is most commonly used by information technology (IT) professionals in the financial sector to categorize data that describes financial transactions and helps identify the participants in those transactions. Reference data was established by regulatory agencies in order to increase trade efficiency and to help firms manage risk. In short, reference data
Data Management
Finger on the Pulse
FTF News recently polled our readers and asked, “What is Big Data?” Here’s what our readers said: The new buzzword from The Matrix– 89.27% A fat version of the Star Trek android – 1.13% The father of Baby Data –1.69% Polite term for the paper piles of hoarders– 1.13% Five NYC phone books– 1.69%
Back-Office
Industry Survey: Bridging the Transparency Gap
Industry Survey: End user firms want more transparency from their pricing and reference data vendors DOWNLOAD SURVEY RESULTS NOW Pricing vendors need to consider a more pro-active dynamic with their customers to provide more transparency into the due diligence process The pressure is on now more than ever to provide more transparency into the due
