Guest Blogger: George Michaels, CEO of G2 FinTech Brokers and custodians have an extra year to report to investors the adjusted cost basis for options and fixed income instruments. Originally, this third phase of the cost basis reporting rules was set to include fixed income and options products purchased as of January 1, 2013. Now,
Guest Blog
Are Your Security Metrics “Top 5 Worthy?”
Guest Blogger: Dwayne Melancon,Chief Technology Officer at Tripwire, Inc. Last month I attended the Gartner Security & Risk Management Summit in Washington, D.C. I attended a lot of very good sessions, but the one that left the biggest mark on me was a session called “Metrics That Matter,” delivered by Jeffrey Wheatman. I went to
Guest Blog
ASP Tech Vendors Race for the Perfect Hedge Fund Solution
Guest Blogger: Sameer Shalaby, President, Paladyne Systems, a Broadridge Company The collapse of Lehman Brothers in 2008 was a world-changing event whose consequences continue to play out in the global economy and the financial markets. For the hedge fund world, Lehman’s demise meant that fund managers could no longer rely on a single prime broker
Guest Blog
Consumers Are Ready for Omnichannel Banking—What About Banks?
Guest Blogger: Philip Farah, Cisco Internet Business Solutions Group (IBSG) Have you walked into a retail store lately and seen someone use his or her phone to “scan” a product’s bar code to get immediate access to reviews from consumers who have bought the product? This customer might also (to the chagrin of retail store
Guest Blog
Your Monte-Carlo Simulations Are Making Me Sweat
Guest Blogger: Steph Johnson, Head of North America – Aspectus PR What better timing than the first 90 degree day of summer to discuss the latest round of heat-related data center drama? As new prop shops with exabyte data crunching requirements spring forth in response to upcoming Volcker Rule legislation and financial firms continue to
Guest Blog
Does Your Global Template for KYC Norms Restrict Your Business Growth?
Guest Blogger: Gianni Giacomelli, Senior Vice President – Product Innovation Co-Authors: Kurush Irani, Vice President, Solutioning and Transitions Leader – BFSI & Vaibhav Dubey, Assistant Vice President – BFSI A rapidly emerging trend in large banks for their AML operations is the trend towards centralization and setting up of global shared service centers for AML. A
Guest Blog
LEI: the Logical Step
Guest Blogger: Tom Brown, co-executive sponsor of the Regulatory Working Group at ISITC and Associate Partner at Brook Path Partners, Inc. The mission of ISITC is to develop standards and market practices designed to enhance efficiency across the transaction lifecycle by leveraging the expertise of our members. Recently, I participated in an International Organization for
Financial Technology
Onshore Outsourcing
Guest Contributor: Anil Budha, Managing Principal, GBP Financial Solutions A growing number of U.S. companies are saying goodbye to Bangalore, India and hello to America’s boondocks. Some IT organizations solicit domestic partners to supplement their offshore outsourcing projects, while others look to domestic providers to clean up messes created by offshore vendors or to avoid
Back-Office
The Future of Post-Trade Derivatives Processing
Guest Contributor: Laurent Jacquemin, executive vice president, post-trade derivatives, SunGard’s capital markets business In the derivatives industry, significant, year-over-year transaction volume growth has become the norm. With high-frequency trading driving up the volumes of trades to hundreds of thousands or even millions per day, derivatives market participants must be able to manage these higher volumes.
Buy-Side
Private Equity Outsourcing – The Next Frontier
Guest Contributor: Jane Conway, Executive Vice President for Alpha FMC, US Outsourcing particular business functions has been an established and growing feature of the more traditional asset manager landscape. Private Equity (PE) asset managers have to date largely shunned this trend – and with good reason. This is now set to change. The case for outsourcing is
