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
Rethinking Reconciliation
Guest Contributor: Michael Alexander, EVP & COO Business Process Outsourcing, Broadridge Financial Solutions Financial institutions can enhance risk management and reduce costs through a reconciliation global center of excellence. Timing is critical. The cost of falling further behind industry standards is rising. To date, the “path of least resistance” has been to create a series
Back-Office
6 Keys to Reconciliation: What Asset Management Operations Really Need to Know [Complimentary Whitepaper]
![6 Keys to Reconciliation: What Asset Management Operations Really Need to Know [Complimentary Whitepaper]](https://www.ftfnews.com/wp-content/uploads/2012/10/recs-whitepaper-150x150.jpg)
“>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
Back-Office
Reconciliation Vendors Say Cheeeeese
This week, FTF held its 7th Annual Reconciliations & Exception Management Conference in New York City. The event was a great success with over 100 attendees and 10 sponsors. Take a look through some of the great companies that participated: Thanks again to our sponsors, speakers and delegates. We look forward to seeing everyone next
Guest Blog
Capital Markets and Expensive Errors
Guest Contributor: Joseph DiNardo, Senior Product Manager, Bonaire Software Many capital markets firms have been asking themselves the following: “How confident is my expense management team in the accuracy and validation of trade expense costs when paying vendor invoices?” – or – “Have we compared trade execution fees across vendors for optimal pricing?” These questions stem
Guest Blog
Big Mistake Making Reconciliation Tool of Choice Excel
Guest Contributor: Neil Vernon, Product Development Director, Gresham Computing Gresham Computing is one of the sponsors of FTF’s 7th Annual Reconciliations & Exception Management Conference. When I looked through the list of sponsors there was one really noticeable omission. The vendor that supplies the software that undertakes the majority of reconciliations in every financial firm
Financial Technologies Forum (FTF)
Reconciliations: Important and Necessary
Last week we held our 6th Annual Reconciliations & Exception Management conference in New York City. Upon arriving at the event, our chairperson, Dayle Scher of StateStreet, took a quick walk down memory lane and told me how she remembered participating in the 1st Annual Recs Conference back in September of 2006. And now here
Clearing and Settlement
Achieving Operational Efficiency and Automation by Making New Friends
Recently we have seen financial technology providers joining forces with each other in order to create better solutions and processes that will keep financial institutions compliant with the new regulations we all face. Just last week, we saw the DTCC, MarkitSERV and AcadiaSoft join together to streamline OTC derivatives processing, and this week another new
Back-Office
Ramping up the Back-Office
Guest Contributer:Nolan Gesher, Senior Product Manager – Risk & Compliance, Fiserv The amount of attention the back office gets nowadays might mean it could easily be mistaken for the portfolio manager’s suite or the trader’s desk. Why? The increase in due diligence on back office operations by investors, especially when it comes to reconciliation processes.
Back-Office
Getting the Message Out – A New Development (Really!) in Reconciliations
Guest Contributor: Dayle Scher, TowerGroup When talking about reconciliations (which we all do, I know!), it seems as though there isn’t much new out there. Sure, there are nice dashboards and workflow tools, but have we really changed all that much? Don’t get me wrong – I don’t miss the days of ticking and tying
