Guest Contributor: Stephen Taylor, Senior Market Manager, U.S. Enterprise Risk & Compliance, Wolters Kluwer Financial Services In the wake of the financial crisis, strategies for managing enterprise risk have taken center stage of organizational decision making and many institutions have revamped their entire approach to understanding the nature of the risks they face and how
Compliance
Information Technology Responsibility for Social Media
Guest Contributor: Blair Rugh, Chief Compliance Officer, Temenos Social media and other forms of electronic communication are becoming the principal advertising and marketing tools of many financial institutions. First, they are inexpensive. Second, they can be targeted as narrowly or broadly as the bank wishes. Finally, the readership percentage is pretty high compared to print advertising.
Guest Blog
Get Busy Living [Digitally], or Get Busy Dying
![Get Busy Living [Digitally], or Get Busy Dying](https://www.ftfnews.com/wp-content/uploads/2014/07/victorgaxiola-hs-bio-june2014-150x150.jpg)
Guest Contributor: Victor Gaxiola, Customer Advocacy Manager, Hearsay Social Anyone familiar with the movie “The Shawshank Redemption” will remember the line, “Get busy living or get busy dying.” It kept echoing in my head as I read the annual World Wealth Report released by Capgemini and RBC Wealth Management and thought about our digital world.
Guest Blog
Financial Advisors: Don’t Forget The Next Generation
Guest Contributor: Theresa Daneman, Social Business Specialist, Socialware Every great advisor knows that forming a solid relationship with clients is critical in order to effectively build investment portfolios strategically around personal goals such as saving for retirement, the purchase of a new house, or perhaps, even a vacation home. But all too often, advisors stop
Back-Office
Exchange Traded Derivatives in an Automated World
Guest Contributor: Ted Leveroni, Executive Director – Strategy & Buy Side Relations at The Depository Trust & Clearing Corporation Global regulatory reform and market changes are impacting how the buy- and sell-side function in the exchange-traded derivatives (ETD) space. The increased focus on central clearing over the counter derivatives (OTC) and trade reporting has placed
Compliance
Investor Protection: The Next Focus of Automated Compliance and Surveillance Systems
Guest Contributor: Magnus Almqvist, senior product specialist, SunGard’s Protegent The European Securities and Markets Authority (ESMA) is turning up the heat on national regulators to enforce and monitor MiFID conduct of business rules, where Article 37 of the MiFID Implementing Directive aim to ensure that firms 1) sell only suitable products to their clients and
Compliance
The Conversational Advisor: You mean I have to talk on social media?
Guest Contributor: Sheryl Brown, Social Media Coordinator, Ash Brokerage Social media is a communication mecca. Whether you’re introvert or extrovert, social media is the line drawn in the sand and makes both communication styles equal. For financial advisors, this is both exciting and overwhelming at the same time. It tickles me when advisors ask me, “You mean
Guest Blog
The Fully Outsourced Fund Manager
Guest Contributor: Scott Price, Regional Director, Americas, Custom House Global Funds Services There will come a time, possibly in the not too distant future, when a fund management firm will look to outsource virtually all of its operations – even trading – for funds with the right strategy. Of the biggest challenges facing fund managers
Cloud
When is the Cloud Not the Cloud?
Guest Contributor: Mal Cullen, Head of the Americas and Eagle ACCESS℠, Eagle Investment Systems Companies in the financial services sector are increasingly moving to cloud-based systems for their software solutions and with good reason. Understandably, cloud-based solutions were initially treated with some circumspection with question marks hanging over data privacy and security. As time has
Compliance
Greek Mythology and the Boulder of Compliance
Guest Contributor: Stephen Taylor, Senior Market Manager, U.S. Enterprise Risk & Compliance, Wolters Kluwer Financial Services In Greek mythology Sisyphus, the King of Ephyra, was punished by the Gods for his wrong doing. His sentence? Roll a very heavy boulder up a steep hill, only to watch it roll back down. Repeat this action for
