What is client reporting? Client reporting coupled with face-to-face client meetings have been the signature of successful client-manager relationships. With face-to-face meetings, figures can be articulated with sufficient context to bring understanding; shifting objectives can be more clearly explained, and the partnership is strengthened on both a social and professional front. These dialogues are key.
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
Automation
T+1 in Canada: Same Goal, Different Plays
Canada and the U.S. have shared a common standard securities settlement cycle for longer than most in the industry today can remember. Industry participants in both countries successfully moved from a standard cycle of five to three business days after trade date (from T+5 to T+3) in 1995 and from T+3 to T+2 in 2017.
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
Automation
Don’t Think like a Human When Designing RPA Systems
Robotic process automation (RPA) is undoubtedly the hottest topic in discussions about the architecture and functionality of modern financial back-office support systems, including post-trade operations. What started as efforts to improve productivity of various, isolated labor-intensive data processing operations has quickly become an integral component of digital transformation strategies for financial institutions around the world.
Cybersecurity
FTF News Video: What Keeps Raymond James’ Cybersecurity Chief Up at Night?
Andy Zolper, senior vice president and chief IT security officer at Raymond James Financial, tells FTF News about the potential threats that keep him up at night. Focusing on the emerging best practices that enable firms to protect against cyber threats is helping Zolper and others cope. [youtube https://www.youtube.com/watch?v=VHjc5ufSK4U] Check out more FTF News video
Operational Risk
FTF News Video: AIG Official Foresees Benefits from Stress Tests
Op Risk veteran Lourenco Miranda speaks with FTF News about how firms can prepare for the stress tests, and the hidden benefits they might see after the process. Check out more FTF News video interviews from past events here.
Operational Risk
Boston Private Bank’s Tim MacDonald on Op Risk and New Financial Products
Tim MacDonald, chief risk offcer (CRO) at Boston Private Bank, speaks with FTF News about why firms should be taking into consideration the potential operational risks of new financial products, especially in the early developmental phases. This will save a lot of problems later and might avoid calling in the Op Risk department after the
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
Back-Office
Manage Risk, Comply with Regulations and Increase Alpha with an IBOR
Guest Contributor: David Kubersky, President and Managing Director, SimCorp North America Fragmented position-keeping across the trade lifecycle presents significant risks to buy-side firms. As the SimCorp Journal paper, “The Investment Book of Record: One Version of Truth from Front- to Back-Office,” explains, “When investment processes and asset classes are supported by multiple systems across the
