(Editor’s note: False positives are a problem for financial services firms implementing know your customer (KYC) and anti-money laundering (AML) systems, says Arin Ray, a senior analyst with the Securities and Investments practice of market research firm Celent, a division of Oliver Wyman. Ray is the author of the recent Celent report, “Applying Advanced Analytics… Read More >>
Northern Trust, FIS Collaborate on Private Equity Tools
Custodian bank Northern Trust has been collaborating with vendor FIS to offer private equity fund administration clients better reporting and analytical tools that will bring more transparency to fund operations, facilitate on-demand data and deliver customized views of portfolio information. The collaboration is built upon FIS’s Data Exchange Reporting and Analytics (DX R&A) solution, officials… Read More >>
